Page 19 - Goldman Sachs

Brexit impact: Goldman shifting up to $60 bn of assets from UK to Germany

With fewer than 40 working days until the UK's transition period expires, international banks are accelerating plans to beef up in Europe to handle the increase in client activity from Jan 1

Exclusive: Goldman money funds' liquidity buffer swells before US election

Two Goldman Sachs Group Inc money-market funds, whipsawed in March by billions of dollars of investor withdrawals, have steadily amassed a liquidity cushion much larger than rivals

Goldman Sachs attempted to cover up sexual misconduct, claims lawsuit

Goldman Sachs Group Inc attempted to cover up allegations of workplace sexual misconduct by the bank's global head of litigation, a lawsuit filed on Monday in New York State Supreme Court claimed

Goldman Sachs image stained again with damning 1MDB investment settlements

Goldman's costs from the scandal hurtled beyond $5 billion Thursday while a subsidiary pleaded guilty to a US criminal charge for the first time in the firm's history

ReNew Power's $325 mn offshore bond issuance oversubscribed six times

Company executives said this was also the cheapest bond offering by a renewable firm. The bonds were initially priced at 5.875%. When the rate was reduced to 5.375%, investors continued to book

Goldman Sachs subsidiary pleads to US charges in Malaysian 1MDB probe

A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2 billion in a foreign corruption probe

Hong Kong fines Goldman unit $350 million for its role in 1MDB scandal

The Securities and Futures Commission said the Goldman Sachs GS.N unit had made serious lapses and there were deficiencies in its management controls

Abu Dhabi's IPIC drops lawsuit against Goldman Sachs over 1MDB scandal

Abu Dhabi state fund Mubadala Investment Co, which controls IPIC, had suspended business dealings with Goldman after the lawsuit

Goldman Sachs-backed clothing firm ThredUp files confidentially for IPO

The firm's proposed IPO comes amid record high investor demand for new stocks.

Goldman Sachs to pay over $2 billion in DOJ's 1MDB probe, says report

The accord, part of an international action, will let the parent company avoid a US criminal conviction, according to the people, who asked not to be named discussing the confidential talks

Goldman's trading business returns to former glory amid Covid-19 crisis

The Wall Street bank posted a quarterly return on equity of 17.5 per cent - its highest since 2010

Goldman Sachs reports 94% rise in quarterly profit as bond trading surges

Bond trading revenue surged 49% to $2.5 billion, while equities trading rose 10% to $2.05 billion.

Goldman Sachs to open second India office in Hyderabad; offer 500 jobs

Representatives of Goldman Sachs, in a video conference, interacted with Telangana Minister for IT and Industries KT Rama Rao and explained their plans to come to the city

Goldman, Citi, HSBC hit pause on UK office return after Johnson plea

Goldman Sachs is encouraging its London employees to go back to working remotely if possible, though its Plumtree Court office will remain open for those who need it

BofA Securities, Credit Suisse, Goldman Sachs see more upside for equities

A BofA September Global Fund Manager Survey for September suggests that 58 per cent of those surveyed say the market is in a bull-phase - up from 25 per cent who believed so in May.

Full recovery in consumer durables will be long drawn affair: Analysts

Analysts expect companies to shift focus to online platform in order to boost sales in these Covid-19 impacted times

Fiscal deficit may hit 8% of FY21 GDP on additional govt borrowing: Experts

The development comes at a time when the economy is limping back to normalcy after a stringent lockdown that lasted over two months

Crisil projects wider GDP contraction for FY21 at 9%, from 5% earlier

Attributes it to Covid-19 cases and lack of stimulus from govt

10 reasons Goldman Sachs believes the bull-run in markets will continue

Major global indices have all gained 37 per cent to 75 per cent since their respective March 2020 low

Top headlines: Rating firms cut GDP forecast, hiring outlook at 15-year low

Global rating and research houses, such as Fitch and Goldman Sachs, have cut their estimates for growth in India's GDP for the current fiscal 2020-21.