China to avoid ‘Lehman moment’ despite property woes, Goldman says
By Saeed Azhar NEW YORK (Reuters) – The Chinese government’s support of banks hit by property woes will enable it to avert a financial crisis …
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Goldman Sachs fires several executives in transaction banking -memo
By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs fired several executives in its transaction banking unit after they violated the firm’s communications policy, according …
Goldman Sachs Asset Management hires managing directors – memo
(Reuters) – Goldman Sachs Asset Management has appointed Anupam Damani and Lindsay Rosner as managing directors to its fixed income and liquidity solutions business, a …
Goldman Sachs plans fresh round of job cuts for underperformers – FT
(Reuters) – Goldman Sachs is planning for another round of job cuts for employees who are deemed underperformers, which could come as soon as late …
Goldman alums set up credit-focused alternative investment firm
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Former Goldman Sachs veterans Mike Koester and Tom Connolly have opened 5C Investment Partners, an …
Goldman Sachs lawyer says suit by Russia’s Otkritie Bank should be heard in London
MOSCOW (Reuters) – A lawyer for Goldman Sachs argued in a Moscow court on Thursday that a $6.3 million lawsuit against it by Russia’s Otkritie …
Goldman, Morgan Stanley to shine amid struggle for large-cap banks – HSBC
By Aniruddha Ghosh (Reuters) – Goldman Sachs and Morgan Stanley are poised for stronger results next year compared to other large-cap U.S. banks as dealmaking …
Goldman Sachs hires BlackRock executive as global co-head of consultant relations
(Reuters) – Goldman Sachs Asset Management has hired former BlackRock executive Patrick O’Donnell as a managing director and global co-head of consultant relations, alongside Lauren …
Hedge funds drop short trades on U.S. regional banks – Goldman
By Nell Mackenzie LONDON (Reuters) – Hedge funds ditched short bets against U.S. regional banks as of the end of August and turned bullish on …
Goldman Sachs sees room for investors to grow more bullish on US stocks
By David Randall NEW YORK (Reuters) – The sharp increase in investor equity allocations to U.S. stocks since the start of the year still has …
Goldman plans hiring spree to fix lapses after increased Fed scrutiny – Bloomberg
(Reuters) -A fresh bout of U.S. regulatory scrutiny is setting off a hiring spree at Goldman Sachs, Bloomberg News reported on Thursday, citing people with …
Goldman Sachs used derivatives to help Exor build $2.8 billion Philips stake, filings show
By Toby Sterling, Pablo Mayo Cerqueiro and Andres Gonzalez AMSTERDAM (Reuters) – Investment company Exor was able to build a 15% stake in Dutch healthcare …
Hedge funds land bonuses despite returns below bank savings rates -Goldman
By Nell Mackenzie LONDON (Reuters) – Most investors still award bonuses to hedge funds even if their investments do not earn as much as a …
Goldman Sachs appoints John Greenwood as co-head of Latin America -memo
NEW YORK (Reuters) – Goldman Sachs appointed John Greenwood as its co-head of Latin America and head of investment banking for the region, according to …
Goldman Sachs’ Rogers to step back from chief of staff role-memo
By Saeed Azhar NEW YORK (Reuters) – John Rogers, an influential Goldman Sachs executive, will step back from his role as chief of staff next …
Goldman Sachs’ Jeff Currie, who predicted commodities supercycle, to retire
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs’ global head of commodities research Jeff Currie, a prominent analyst who accurately predicted a surge in commodity …
Body of Missing Goldman Sachs Staffer Found in NYC Creek
NEW YORK, NY – A tragic update in the case of missing Goldman Sachs staffer John Castic has been reported by the New York City …
Body pulled from NYC waterway identified as missing Goldman staffer – NYPD
NEW YORK (Reuters) -A body found in a New York City creek has been identified as missing John Castic, a Goldman Sachs staffer, the New …
Goldman Sachs’ head of partner family office Opoku to leave -memo
NEW YORK (Reuters) – A senior Goldman Sachs executive, who oversaw the firm’s office that manages the wealth of its partners and senior executives, is …
Goldman upgrades oil demand outlook as market tempers growth pessimism
(Reuters) – Goldman Sachs on Sunday revised up its global oil demand forecast for the year while sticking to its 12-month Brent price projection of …
Goldman Sachs asset management executive Salisbury departs for Sixth Street
By Lananh Nguyen, Niket Nishant and Manya Saini (Reuters) – Goldman Sachs executive Julian Salisbury will join investment firm Sixth Street as a partner and …
Hedge funds rush to buy China stocks on economy stimulus prospects – Goldman
By Summer Zhen HONG KONG (Reuters) – Global hedge funds snapped up Chinese equities following the politburo meeting this week, buying on Tuesday at their …
Goldman Sachs cuts 2023 euro zone growth forecast following weaker economic data
(Reuters) – Goldman Sachs cut its 2023 growth forecast for the euro zone, following weaker economic activity data. Economists led by Sven Jari Stehn said …
Global hedge funds ditch losing trades after failing to beat the MSCI – Goldman
By Nell Mackenzie LONDON (Reuters) – Global hedge funds exited trades in the past week at their fastest pace since January and at one of …
Goldman Sachs is about to report its worst quarterly earnings in years – Semafor
(Reuters) – Goldman Sachs will report its worst quarterly earnings in years next week, with a return on equity in the low single digits, Semafor …
J.P.Morgan, Goldman raise Canada central bank terminal rate forecast to 5.25%
(Reuters) – J.P.Morgan and Goldman Sachs said on Wednesday they now expect the Bank of Canada (BoC) to deliver one last 25-basis point rate hike …
Goldman Sachs says rising EV usage to power higher copper demand
(Reuters) – Goldman Sachs said rising usage of electric vehicles (EV) was a “key pillar of copper’s bullish story”, forecasting copper demand from the sector …
Goldman says West needs over $25 billion investments in rare earths to match China
(Reuters) – Goldman Sachs on Thursday said the West may need more than $25 billion in investments to match China’s supply of rare earths, as …
Goldman Sachs nominates former BofA executive Montag to join board
NEW YORK (Reuters) – Members of Goldman Sachs’ board nominated former Bank of America executive Tom Montag to join as an independent director, according to …
Goldman Sachs taps former BofA executive Tom Montag for board -source
By Saeed Azhar and Manya Saini NEW YORK (Reuters) – Goldman Sachs Group Inc plans to add former Bank of America executive Tom Montag to …
Goldman Sachs Asset Management head of healthcare investing to leave
By Saeed Azhar NEW YORK (Reuters) -The head of healthcare investing at Goldman Sachs Asset Management, Jo Natauri, will leave the company at the end …
Goldman Sachs cuts China growth forecast as property slowdown bites
SINGAPORE (Reuters) – Goldman Sachs analysts have cut forecasts for China’s economic growth, citing persistently weak confidence and the cloud over the property market as …
Goldman calls markets too optimistic on pace of US inflation drop -Bloomberg
(Reuters) – Inflation in the United States will not decline as quickly as markets are currently pricing, according to a note from strategists at Goldman …
Authorities Investigating Goldman Sachs Over Role In Massive Bank Collapse: REPORT
Authorities Investigating Goldman Sachs Over Role In Massive Bank Collapse: REPORT Jason Cohen on June 15, 2023 The Federal Reserve and the Securities and Exchange …
China’s property sector set to be persistently weak for years -Goldman
BEIJING (Reuters) – China’s property sector is expected to grapple with “persistent weakness” for years, Goldman Sachs analysts said, adding that its problems would continue …
Goldman Sachs: “Fully orthodox” policy maker could raise Turkey rates to 40%
LONDON (Reuters) – Goldman Sachs said on Friday the appointments of Mehmet Simsek as Turkish finance minister and Hafize Gaye Erkan as central bank governor …
Goldman Sachs fintech executive Stephanie Cohen to take leave of absence: memo
By Lananh Nguyen NEW YORK (Reuters) – Stephanie Cohen, the head of Goldman Sachs Group Inc’s fintech unit called Platform Solutions, is taking a leave …
Higher interest rates boost hedge fund stock borrowing to record high – Goldman
By Nell Mackenzie LONDON (Reuters) – Borrowing across the global hedge fund industry has hit record highs, Goldman Sachs said in a note to clients …
Former Goldman Sachs partner launches fund of up to $550 million in Portugal
By Sergio Goncalves LISBON (Reuters) – Fortitude Capital, founded by former Goldman Sachs partner Antonio Esteves, Brazilian bank BTG Pactual and Portuguese asset manager Atrium, …
Goldman Sachs Under Investigation After Advising Silicon Valley Bank Before Collapse
Goldman Sachs Under Investigation After Advising Silicon Valley Bank Before Collapse Jason Cohen on May 5, 2023 Goldman says it is “cooperating with and providing …
Impact Nano, chip materials startup, wins funding from Intel, Goldman Sachs
By Jane Lanhee Lee OAKLAND, California (Reuters) – Impact Nano, a Massachusetts-based startup that makes specialty chemicals for the semiconductor industry and others, said on …
Goldman Sachs cautious on Turkish bank stocks ahead of election
LONDON (Reuters) – Goldman Sachs said on Thursday it was “cautious” on Turkish banks heading into the May 14 election, with lenders more vulnerable than …
Goldman Sachs names Kim Posnett as global TMT head
By Anirban Sen, Jaiveer Shekhawat and Lananh Nguyen (Reuters) – Goldman Sachs Group Inc has named Kim Posnett as the head of its global technology, …
Hedge funds bet consumers will rein in U.S. spending – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds’ bearish positions reached year highs in April, largely aimed at companies selling non-essential consumer products, in …
Goldman Sachs lifts UniCredit stake to 7.6%
MILAN (Reuters) – Goldman Sachs had raised a stake in Italian bank UniCredit it built mostly through various financial derivative contracts to 7.62% as of …
Big investors dump China shares, add oil to portfolios -Goldman
By Carolina Mandl NEW YORK (Reuters) – Big global money managers got rid of a high volume of Chinese equities in recent days, while adding …
Malaysia to review $3.9 billion settlement deal with Goldman Sachs – PM Anwar
KUALA LUMPUR (Reuters) – The Malaysian government is re-evaluating a $3.9 billion settlement deal reached between the previous administration and U.S. investment bank Goldman Sachs …
Goldman Sachs reshuffles equities unit executives after top trader Montesano’s exit
(Reuters) – Goldman Sachs Group Inc on Wednesday announced a slew of changes to leadership in its equity trading division following the retirement of its …
Goldman Sachs to enter transaction banking business in Japan
TOKYO (Reuters) – Goldman Sachs Group Inc said on Wednesday it is launching its transaction banking business for corporate clients in Japan, as the U.S. …
Goldman Sachs names Michael Marsh as EMEA financing group head – memo
(Reuters) – Goldman Sachs Group Inc is shaking up the leadership ranks at its global financing group after the Wall Street bank merged its investment …