Former Goldman banker must forfeit $35.1 million in 1MDB corruption case
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) – A U.S. judge on Friday ordered former Goldman Sachs Group Inc banker Roger Ng to …
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Ally Financial taps Goldman Sachs executive Hutchinson as CFO
(Reuters) – Ally Financial Inc has hired Russell Hutchinson from Goldman Sachs as its chief financial officer effective July 3, the company said on Friday. …
Goldman Sachs exec: Smaller banks must prepare for stricter regulations -Handelsblatt
FRANKFURT (Reuters) – Goldman Sachs Group Inc President and Chief Operating Officer John Waldron said some smaller banks will need more capital and the sector …
Goldman Sachs lowers euro zone growth forecast; sees no growth for UK
(Reuters) – Goldman Sachs lowered its 2023 economic growth forecast for the euro zone on Monday, citing ongoing stress in the global banking system and …
Former Goldman Sachs CEO Blankfein says US banking crisis will slow growth
By Kanishka Singh WASHINGTON (Reuters) – Former Goldman Sachs CEO Lloyd Blankfein said on Sunday the banking crisis in the United States was going to …
Goldman Sachs cuts outlook for European bank debt over Credit Suisse crisis
LONDON (Reuters) – Goldman Sachs has cut its recommendation on exposure to European bank debt to neutral from overweight, saying a lack of clarity on …
Goldman Sachs Due For A Huge Profit Off Other Bank’s Failure
Jason Cohen on March 15, 2023 NEW YORK, NY – Goldman Sachs, one of the largest U.S. investment banks with strong political ties, is likely …
Goldman Sachs cuts U.S. GDP forecast after banking crisis
(Reuters) – Goldman Sachs on Wednesday lowered its forecast for fourth-quarter U.S. gross domestic product (GDP) growth, citing risks to the lending environment as smaller …
Goldman Sachs’ Canute Dalmasse to retire after 21 years – memo
SYDNEY (Reuters) – Canute Dalmasse, Goldman Sach’s co-head of Asia Pacific equities distribution and execution, will retire after nearly 21 years with the bank, according …
Goldman analysts no longer expect Fed rate hike in March after SVB failure
(Reuters) – Goldman Sachs’ analysts on Sunday said they no longer expect the U.S. Federal Reserve to deliver a rate hike at its March 22 …
Goldman Sachs expects ECB to raise rates by 50 bps in May meeting
(Reuters) – Goldman Sachs raised its estimate for peak interest rate hike by the European Central Bank for the second time in as many weeks, …
Goldman Sachs expects ECB to raise rates thrice this year
(Reuters) – Goldman Sachs said it was expecting the European Central Bank to raise interest rates thrice this year, taking the terminal rate to 3.5% …
Pension schemes’ share of hedge fund investments hits lowest in 5 years – Goldman
By Nell Mackenzie LONDON (Reuters) – Investments by global pension schemes fell to the smallest proportion in five years of overall hedge fund assets at …
Asia hedge funds post strongest month in January since 2016 – Goldman
By Summer Zhen HONG KONG (Reuters) – After seeing record outflows in 2022, Asia-focused hedge funds posted a 5.3% gain in a January rally to …
Goldman Sachs names banker in senior Americas trading role-memo
NEW YORK (Reuters) – Goldman Sachs Group Inc has named Benny Adler to lead the bank’s trading efforts on public capital market deals in the …
Goldman Sachs cuts U.S. recession odds to 25% on strong labor market
NEW YORK (Reuters) – Goldman Sachs said on Monday it now sees a 25% probability of the United States entering a recession in the next …
Goldman Sachs names investment banker in new transaction banking role
NEW YORK (Reuters) – Goldman Sachs Group Inc has appointed Akila Raman as chief commercial and strategy officer of transaction banking within its newly formed …
Goldman Sachs raises emerging markets equities forecast
(Reuters) – Goldman Sachs on Thursday revised its forecast for emerging market equities upwards as it sees the developing world benefiting from the reopening of …
Goldman Sachs among investors interested in financing Italy’s Serie A – sources
MILAN (Reuters) – Goldman Sachs is one of various fund and bank investors that have expressed interest in financing the growth of the media business …
Davos 2023: Goldman Sachs CEO concerned about debt ceiling
By Lananh Nguyen DAVOS, Switzerland (Reuters) – Goldman Sachs Group Inc.’s Chief Executive David Solomon expressed serious concern on Thursday that a political standoff over …
Goldman Sachs no longer expects recession in euro zone in 2023
(Reuters) -Goldman Sachs said on Tuesday it expects the euro zone economy to grow by 0.6% this year, compared with its previous forecast of a …
Goldman Sachs to cut about 3,200 jobs this week after cost review – Bloomberg News
(Corrects to clarify in the first paragraph that it’s one of the biggest rounds of job cuts, and not the biggest) (Reuters) – Goldman Sachs …
Goldman Sachs’ consumer banking unit head steps down – memo
(Reuters) – The head of Goldman Sachs Group Inc’s direct-to-consumer unit, Swati Bhatia, is stepping down from the role, according to an internal note seen …
U.S. dollar likely has further upside vs yen despite BOJ move -Goldman
NEW YORK (Reuters) – The Bank of Japan, which widened the trading band for 10-year Japanese government bonds (JGBs) on Tuesday, may have inflicted damage …
Goldman taps former BoE official Bradley Fried as next International chair- Sky News
(Reuters) -Goldman Sachs Inc has tapped Bradley Fried, former Chair of the Court of the Bank of England, as chairman of Goldman Sachs International (GSI), …
Goldman Sachs Will Slash Workforce, Cut Back On Bonuses For Underperformers: REPORT
Goldman Sachs Will Slash Workforce, Cut Back On Bonuses For Underperformers: REPORT John Hugh DeMastri on December 16, 2022 Goldman Sachs is planning to cut …
Goldman Sachs to cut thousands of employees – source
NEW YORK (Reuters) – Goldman Sachs Group Inc is planning to cut a couple of thousand employees to navigate a difficult economic environment, a source …
Goldman Sachs to stop making unsecured consumer loans – source
By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs Group Inc plans to stop originating unsecured consumer loans, a source familiar with the move told …
Gold is better portfolio diversifier than bitcoin -Goldman Sachs
(Reuters) – Goldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long term, the bank wrote in …
Goldman Sachs plans to cut bonuses for senior employees – report
(Reuters) – Goldman Sachs Group’s bonus pool for senior employees is expected to shrink by as much as half, news platform Semafor reported on Thursday, …
Goldman Sachs CEO says job market ‘surprisingly tight’
(Reuters) – Goldman Sachs Chief Executive Officer David Solomon said on Tuesday that the job market remains “surprisingly tight” and competition for talent was “as …
Abu Dhabi’s ADNOC working with Goldman Sachs on gas business, sources say
By Hadeel Al Sayegh DUBAI (Reuters) – Abu Dhabi National Oil company (ADNOC) has engaged Goldman Sachs to work on consolidation of its gas operations …
Goldman Sachs Issues Stock Market Warning
John Hugh DeMastri on November 28, 2022 NEW YORK, NY – U.S. investors are significantly underestimating the risk of a recession, potentially increasing the impact …
Goldman Sachs says U.S., Europe could end reliance on Chinese EV batteries by 2030 -FT
(Reuters) – The United States and Europe could cut their dependence on China for electric vehicle batteries through more than $160 billion of new capital …
Global equity bear market not over yet – Goldman Sachs
(Reuters) – Goldman Sachs on Monday warned that the global equity bear market is not over as the markets are yet to see a trough …
U.S. dollar ‘true’ peak still a couple of quarters away -Goldman
NEW YORK (Reuters) – Investors anxious to determine when the dollar should hit its peak may have to wait a few more quarters, Goldman Sachs …
Goldman sees China’s real GDP growth rising to 4.5% in 2023
NEW YORK (Reuters) – China is likely to post real gross domestic growth (GDP) of 4.5% next year, largely due to the country’s gradual exit …
Goldman raises forecast for 2023 Fed rate peak by 25 basis points
(Reuters) – Goldman Sachs on Wednesday raised its forecast for the peak in the federal funds rate by 25 basis points to 5-5.25%, after adding …
Goldman Sachs expects “significant” decline in U.S. inflation in 2023
(Reuters) – Goldman Sachs said it expects a “significant” decline in U.S. inflation next year due to easing in supply chain constraints, a peak in …
Goldman Sachs names new M&A heads for Americas -memo
By Svea Herbst-Bayliss and Anirban Sen NEW YORK (Reuters) – Goldman Sachs Group Inc on Monday named Avinash Mehrotra and Brian Haufrect as the new …
Goldman Sachs sees Fed rates peaking at 5% in March – Bloomberg News
(Reuters) – Goldman Sachs Group Inc’s economists said the U.S. Federal Reserve could bump up interest rates to as high as 5% by March 2023, …
Commodities key for diversifying portfolio risk, says Goldman
(Reuters) – Commodities remain a key asset class for diversifying portfolio risk despite continued underperformance to their own fundamentals given a strong dollar, rising recession …
Goldman Sachs launches Chinese infrastructure real estate joint venture
By Selena Li HONG KONG (Reuters) – Goldman Sachs has launched a joint venture in China with local logistics company Sunjade in a bid to …
Goldman, banker agree settlement terms over London dismissal lawsuit
By Kirstin Ridley LONDON (Reuters) – Goldman Sachs and a banker are drawing a line under a London lawsuit over the former employee’s dismissal last …
Goldman: U.S. SPR crude releases to have modest price influence
(Reuters) – The Biden administration’s plan to continue releasing the Strategic Petroleum Reserves (SPR) “as appropriate” to bring down retail rates poses limited downside from …
Ex Goldman banker claims he was “fired for whistleblowing”
By Kirstin Ridley LONDON (Reuters) – A former London-based Goldman Sachs banker alleges he was unfairly dismissed with a “woeful” lack of proper procedure after …
Goldman Sachs appoints Cristina Estrada as Brazil investment banking co-head
SAO PAULO (Reuters) – Goldman Sachs has appointed Cristina Estrada, current COO of Latin America Financing Group, as co-head of investment banking in Brazil, according …
Goldman raises oil price forecasts on ‘very bullish’ OPEC+ cuts
(Reuters) – Goldman Sachs has raised its oil price forecast for this year and 2023, as the U.S. bank expects the 2 million barrels per …
Goldman hikes third-quarter GDP growth estimate to 1.9%
By Stephen Culp NEW YORK (Reuters) – Goldman Sachs boosted its third-quarter GDP growth estimate by a full percentage point, to 1.9% from 0.9%, on …
HSBC hires Goldman Sach’s Ma to lead North Asia global banking – memo
HONG KONG (Reuters) – HSBC has appointed Goldman Sachs partner Christina Ma as its head of global banking for North Asia, according to a memo …