A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2 billion in a foreign corruption probe
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 state fund Mubadala Investment Co, which controls IPIC, had suspended business dealings with Goldman after the lawsuit
The firm's proposed IPO comes amid record high investor demand for new stocks.
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
The Wall Street bank posted a quarterly return on equity of 17.5 per cent - its highest since 2010
Bond trading revenue surged 49% to $2.5 billion, while equities trading rose 10% to $2.05 billion.
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 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
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.
Analysts expect companies to shift focus to online platform in order to boost sales in these Covid-19 impacted times
The development comes at a time when the economy is limping back to normalcy after a stringent lockdown that lasted over two months
Attributes it to Covid-19 cases and lack of stimulus from govt
Major global indices have all gained 37 per cent to 75 per cent since their respective March 2020 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.
Downward revision follows a sharp contraction in the economy in the April-June period, when GDP came in at a negative 23.9 per cent YoY, the worst show in nearly four decades
Ant, backed by Chinese e-commerce giant Alibaba Group, plans to do a simultaneous listing in Hong Kong and Shanghai
The US bank was discharged amounting to acquittal, according to court proceedings in Kuala Lumpur on Friday
Malaysian prosecutors withdrew criminal charges against three Goldman Sachs units accused of misleading investors over $6.5 billion in bond sales they helped organise for a state fund
Goldman Sachs report says that more technology roles likely to move to India