Page 6 - Goldman Sachs

Goldman upgrades Indian equities citing strategic appeal, downgrades China

The Wall Street bank has downgraded its views on China equities several times this year amid pessimism in the country's stock market

Bonds are looking attractive and set to beat cash, says Goldman Sachs

Goldman Sachs strategists see 10-year Treasury yields at around 4.6 per cent over the next 12 months, just below their current level after this week's sharp fall

Goldman Sachs profit plunges to $2.06 billion on impact from fintech sale

The Wall Street giant reported net profit of $2.06 billion, or $5.47 per share, for the three months ended Sept. 30, it said on Tuesday

Industrial metals to remain vulnerable to more softness near-term: Goldman

The copper market could face near-term pressure from the likelihood that Chinese imports of the metal could be restrained, the bank said

1MDB corruption scandal: Goldman Sachs sues Malaysia in a UK court

The arbitration has been filed with the London Court of International Arbitration, a source told Reuters. The lawsuit was earlier reported by Bloomberg News

Govt to scale back on investment as it curbs budget deficit: Goldman Sachs

This move will give the private sector scope to pick up the slack in the coming years

Goldman Sachs cautious on 'expensive' Indian stocks ahead of elections

The polls are likely to have a bearing on economic policy and reforms at a time the world's fastest-growing major economy is increasingly seen as an alternative to China

Goldman Sachs plans expansion in India, opens new GCC hub in Hyderabad

The centre in Hyderabad includes both new recruits and transfers from Bengaluru

Large cap laggards among Goldman Sachs' conservative bet ahead of elections

The blue-chip Nifty 50 has risen more than 16% from its March lows, compared to a 37% rally in mid-caps

Goldman Sachs splits with regulators on risk that basis trade poses

The cash-futures basis trade by some measures is as big as it was in 2019 and early 2020, when the onset of the pandemic sparked a rush for the exits that required a bailout by the Fed

Goldman Sachs pays Rs 26.44 lakh to settle FPI violation case with Sebi

Goldman Sachs (Singapore) Pte has settled with capital markets regulator Sebi a case pertaining to certain discrepancies in the monthly ODI (offshore derivative instruments) reporting after paying Rs 26.44 lakh towards the settlement amount. The order came after Goldman Sachs, a registered Foreign Portfolio Investor (FPI) which deals in off-shore derivative instruments, proposed to settle the alleged violations by "neither admitting nor denying" under the settlement rules. "It is hereby ordered that any proceedings that may be initiated for the violations... are settled in respect of the applicant (Goldman Sachs (Singapore) Pte)," the Securities and Exchange Board of India (Sebi) said in a settlement order passed on Monday. In its order, the regulator observed that certain discrepancies in the monthly ODI reporting for the month of March 2022 were identified by the applicant. These were related to a mismatch of investment managers for multi-managed clients with respect to four ODI

High on cash, MFs can support market in near term, says Goldman Sachs

According to the report, these schemes together manage assets worth $6.7 billion

Goldman Sachs invested in seven companies using Chinese state funds

Despite deteriorating relations between the US and China, Goldman Sachs has intensified its investment activities through this fund

Goldman Sachs plans to exit part of its wealth business, bets on HNIs

Move in line with strategy shift that began after Solomon restructured the firm

Goldman to sell wealth-advisory unit to $240 billion money manager

Goldman didn't disclose the sale price but said it expects to recognize a gain when the deal closes

Goldman sees India IT growth pick up in medium-term; initiates coverage

"Indian IT services companies have doubled their market share in the last 10 years," analysts at Goldman Sachs led by Manish Adukia wrote in a note dated Tuesday

Does Brics exist only because a good acronym cannot be allowed to die?

India says it wants clear criteria established for new Brics memberships. But do even the existing members qualify under any meaningful criteria, asks T N Ninan

Mid-cap stocks pique interest of FPIs after 5 years: Goldman Sachs

Overseas investor holding increased by 175 bps to 16% of their m-cap this year

Goldman Sachs pencils in first Federal Reserve rate cut for Q2 of '24

Fed policymakers in March 2022 began ramping up their target for the benchmark rate to a range of 5.25 per cent to 5.5 per cent

Goldman Sachs chief executive David Solomon stuck, without a clear lifeline

In July, Goldman reported a collapse in profits, the result of a misbegotten foray into consumer banking that the firm is unwinding