Page 22 - Goldman Sachs

Goldman Sachs buys 1.4 mn shares worth over Rs 176 cr in IndusInd Bank

According to the bulk deal data on the National Stock Exchange (NSE), Goldman Sachs (Singapore) Pte-ODI bought 1.4 million shares of the private lender, at an average price of Rs 430.3 apiece

Coronavirus pandemic eats away Goldman's profits as investment takes a hit

The Wall Street trading powerhouse on Wednesday also warned that it expects reduced revenue in its asset and wealth management businesses and a higher rate of client defaults

Goldman Sachs slashes India's FY21 real GDP growth forecast to 1.6%

While the fiscal easing so far has been limited, they do expect more fiscal measures by the central and the state governments.

JPMorgan says the market rout is probably past its worst now

Coronavirus infection rates remain a 'wild card' as they remain high even if they're 'slowing' in the US and Europe

Goldman CEO David Solomon bucks Wall Street trend with 20% pay bump

The pay boost comes just as Goldman is embarking on a $1.3 billion cost-cutting plan that includes removing some managers and shifting employees to less expensive locales

Are we heading towards a global recession? Here's what top brokerages say

Analysts fear that the impact this time would be deeper than that of the 8-month long economic downturn in 2001 and the one in early 1990s

Market Ahead, March 18: Top factors that could guide markets today

Morgan Stanley expects global growth to fall to 0.9 per cent in such a scenario, while Goldman Sachs predicts weakening of growth to 1.25 per cent

Coronavirus fear: Morgan Stanley, Goldman declare global recession underway

The outlook could darken even further if the virus lasts longer than anticipated, or wields greater economic pain -- given factories, schools, restaurants and shops are closing around the world

Goldman sees China GDP contracting by 9% in Q1 rather than growing by 2.5%

Goldman said it did not expect GDP to return to the pre-virus trend until the third quarter.

Goldman Sachs downgrades US growth forecast for Q1, Q2 due to coronavirus

In a note sent on Sunday, the US bank said it now sees real gross domestic product growth of 0% in the first three months of the year, from its original estimate of 0.7% expansion

A new bull-market will be born later this year: Goldman Sachs

A stock or index is said to be in a bear phase if the benchmark extends its decline to 20 per cent.

Goldman Sachs is 'very open' to acquisitions that accelerate growth: CFO

CFO Scherr also touched on the coronavirus and its impact on the bank's day-to-day operations and markets

Goldman Sachs sees more stock market losses before strong recovery

Global equities will likely post a drop of between 20% and 25% from their peak before rebounding, the strategists said

Goldman Sachs cuts Brent forecasts to $30 on price war, Coronavirus impact

Oil fell by the most since 1991 on Monday after Saudi Arabia started a price war with Russia

HDFC Bank in talks with Goldman Sachs Group's Harit Talwar for CEO role

The Mumbai-based lender has a market capitalisation of about $86 billion, giving it a bigger standing than major US banks like Goldman and Morgan Stanley

Fed makes unscheduled statement, Goldman Sachs expects aggressive rate cut

Goldman said it expects a total of 100 basis points of cuts in the near term from the Bank of Canada, which meets this week

Coronavirus outbreak: Goldman Sachs Group sees gold hitting $1,800

The bank raised its 12-month projection by $200, and said "in the event that the virus effect spreads to Q2, we could see gold top $1800/oz already on a 3-month basis."

Goldman Sachs asks some to skip bank's conference over Coronavirus concerns

The "precautionary measures" follow similar moves taken by Morgan Stanley earlier this week, as global businesses seek to help prevent further spread of the deadly coronavirus

From Bloomberg to Blankfein, rich men are learning to tweet like Trump

Bloomberg is, among other things, competing with Trump on his own terms on social media - and has spent no shortage of money in doing so

Education business firm Galileo Global up for sale with $2.7 bn price tag

The schools run by Galileo include the Paris School of Business (PSB), Macromedia University in Germany and Italian fashion school Istituto Marangoni