Nvidia hits record high as Goldman Sachs boosts PT on AI prospects
(Reuters) -Nvidia’s shares scaled a new peak on Monday after Goldman Sachs raised its price target for the high-flying chipmaker’s stock in anticipation of a major boost to its earnings from the…
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 expedite overall credit tightening and slow the…
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 Credit Suisse’s future path would put pressure…
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 to gain a massive profit following their…
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 banks pull back on loans to preserve…
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 to a memo seen by Reuters. Dalmasse…
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 meeting with considerable uncertainty about the path…
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, saying it now expects rates to go…
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% from 3.25% estimated earlier. In a note…
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 the end of last year, a Goldman…
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 mark their best monthly performance in years,…
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 Americas, according to an internal memo seen…
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 12 months, down from a previous 35%…
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 Platform Solutions unit, according to an internal…
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 China’s borders, improving European growth prospects and…
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 of Italy’s top-flight soccer league, two people…
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 the U.S. debt ceiling could lead to…
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 contraction, thanks to a fall in natural…
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 Group Inc will start one of its…
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 by Reuters. Bhatia, a former PayPal executive,…
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 on the dollar against the yen, but…
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), Sky News reported on Saturday. Fried will…
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 thousands of employees and potentially eliminate bonuses…
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 familiar with the move said. The Wall…
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 Reuters on Monday, in another sign the…
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 a Monday research note. Gold is less…
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