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…
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, citing people familiar with the matter. The…
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 tough as ever” while speaking at the…
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 for a planned stock market flotation next…
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 of a recession next year, economists at…
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 spending by 2030, the Financial Times reported…
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 in the momentum of global growth deterioration,…
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 said in a research note on Friday.…
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 from its zero-COVID policy that could lead…
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 one more quarter-point Federal Reserve hike in…
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 shelter inflation and slower wage growth. The…
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 co-heads of mergers and acquisitions (M&A) for…
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, 25 basis points above its earlier predictions,…
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 fears and declining liquidity, analysts at Goldman…
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 boost investment in Chinese logistics and infrastructure…
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 year with no financial value attached to…
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 current crude price levels, Goldman Sachs said…
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 whistleblowing on 10 occasions and that he…
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 to an internal memo seen by Reuters.…
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 day (bpd) output cut agreed by OPEC+…
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 Wednesday after a series of economic indicators…
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 seen by Reuters. Ma will join the…
Goldman, Barclays, SG raise Fed rate projections
SINGAPORE (Reuters) – Goldman Sachs, Barclays and a bunch of investment banks raised their estimates for U.S. policy rates on Thursday, following the Federal Reserve’s 75 basis point rate rise and hawkish…
Goldman Sachs To Fire Hundreds Of Employees After Performance Reviews Return
Goldman Sachs To Fire Hundreds Of Employees After Performance Reviews Return John Hugh DeMastri on September 12, 2022 Goldman Sachs is planning to fire hundreds of employees after reviews returned this July…
Goldman Sachs bolsters asset management unit with new adviser
(Reuters) – Goldman Sachs Group Inc’s asset management arm has hired Elizabeth Burton to advise its institutional clients, according to an internal memo seen by Reuters on Thursday, as the bank seeks…
Goldman recommends traders short the euro versus Swiss franc after ECB rate hike
LONDON (Reuters) – Goldman Sachs recommends investors short the euro against the Swiss franc following the European Central Bank’s record rate increase as they think it likely the Swiss National Bank will…
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