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 …
sachs,
Goldman Sachs CEO says US economy looks constructive but cautions on inflation
By Megan Davies DAVOS, Switzerland (Reuters) – Goldman Sachs CEO David Solomon expects the U.S. economy to avoid a big slowdown this year, but warned …
Goldman Sachs raises 2024 GDP growth forecast to 2.3%
(Reuters) – Goldman Sachs raised its 2024 U.S. GDP growth forecast to 2.3% from 2.1% expected earlier. “We expect much stronger GDP growth in 2024 …
Goldman Sachs names Greg Wilson as head of retirement for a unit – memo
(Reuters) – Goldman Sachs has appointed veteran Greg Wilson as head of its retirement for asset & wealth management (AWM) division, according to a memo …
Goldman Sachs names Rivera as co-head of Latin America-memo
NEW YORK (Reuters) – Goldman Sachs named Osmin Rivera as co-head of Latin America to succeed Ricardo Mora, who will retire at the end of …
Goldman Sachs sees S&P 500 hitting 5,100 in 2024, boosting forecast
By David Randall NEW YORK (Reuters) – Goldman Sachs raised its 2024 S&P 500 target by 8% to 5,100, forecasting a tailwind for U.S. stocks …
Goldman Sachs sees ECB lowering rates by 25 bps in each meeting from April
(Reuters) – The European Central Bank (ECB) will cut interest rates by 25 basis points (bps) in each meeting starting April next year, Goldman Sachs …
BNP Paribas wins Austria settlement services deal with Goldman Sachs
PARIS (Reuters) – France’s largest bank BNP Paribas said on Tuesday it had won a deal with Goldman Sachs, the largest trading member on the …
Goldman Sachs analyst used inside information for profit, London court told
By Sam Tobin LONDON (Reuters) – A former Goldman Sachs analyst used confidential information to make more than 140,000 pounds ($176,800) from shares in listed …
Goldman Sachs execs see steeper Treasuries curve, softer demand
By Lananh Nguyen and Davide Barbuscia NEW YORK (Reuters) – Goldman Sachs expects the U.S. Treasuries curve to steepen in the long term, driven by …
‘Magnificent 7’ bets drive hedge fund crowding to record high -Goldman Sachs
By Bansari Mayur Kamdar and Nell Mackenzie LONDON (Reuters) – Hedge fund crowding has hit its highest on record, as asset managers have upped their …
Hedge funds ghost tech stocks and sell consumer staples – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds ditched technology stocks by selling long positions and exiting short bets at the fastest weekly pace …
Goldman Sachs Japan chief to retire at year end – internal memo
TOKYO (Reuters) – Goldman Sachs’ Japan president Masanori Mochida has decided to retire at the end of the year after more than 38 years at …
Systematic hedge funds pummeled in post-U.S. CPI stocks rally – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds that use algorithms to trade suffered their second worst single day this year on Tuesday, as …
Exclusive-Goldman Sachs discusses bigger bonuses for top traders, dealmakers -sources
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Goldman Sachs bosses are considering fatter bonuses to retain star traders and dealmakers this year …
Hedge funds short US financial stocks at near record levels -Goldman Sachs
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds built bearish positions this week to the highest level in nearly five years, Goldman Sachs …
Hedge funds pile into US stock rally at fastest pace in 2 years – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds last week “aggressively” bought U.S. stocks at the fastest pace in two years, said a Goldman Sachs …
Hedge funds caught in crowded trades suffered in Thursday’s stock rally -Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds using algorithms to trade stocks endured one of their worst days of the year on Thursday, …
Goldman Sachs hires BlackRock executive for unit serving third-party wealth product providers
By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs’ asset management arm hired Gregory Weiss from BlackRock to lead a business that sells managed accounts …
Goldman Sachs no longer sees U.S. govt shutdown in 2023
(Reuters) – Goldman Sachs removed its forecast for a U.S. government shutdown this year given new geopolitical risks and the election of a speaker at …
Goldman Sachs forays into geopolitical advisory business
(Reuters) – Goldman Sachs on Thursday launched an institute to offer its clients insights on geopolitics and technology, according to an internal memo seen by …
Goldman Sachs Asset Management launches new defined outcome ETFs
By Suzanne McGee (Reuters) – Goldman Sachs Asset Management (GSAM) has launched a pair of defined outcome exchange-traded funds (ETFs), a group of products that …
Treasury selloff will end in Q4 as oil prices spike -Goldman Sachs
By David Randall NEW YORK (Reuters) – A slowdown in the U.S. economy over the remainder of the year due to higher oil prices and …
Goldman Sachs lifts Europe Inc’s 2023 profit growth forecast to 3%
(Reuters) – Goldman Sachs said on Tuesday it expects earnings for companies in the pan-European STOXX 600 index to grow 3% in 2023, compared with …
Goldman Sachs sees more than 1% growth for euro area in 2024
(Reuters) – Goldman Sachs expects economic growth in the euro area to recover to 1.25%-1.5% in 2024, more than double their forecast of about 0.5% …
Goldman Sachs pushes its forecast for Fed rate cut to Q4 2024
(Reuters) – Goldman Sachs economists said they now expect the U.S. Federal Reserve to begin its interest rate-cutting cycle in the fourth quarter of next …
Goldman Sachs raises over $15 billion for secondary private equity deals
By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs’ asset management arm said two funds have closed, raising more than $15 billion for funds that …
Fed unlikely to raise rates in November, says Goldman Sachs
(Reuters) – The Federal Reserve is unlikely to raise interest rates at its Oct. 31-Nov. 1 meeting, Goldman Sachs strategists wrote on Saturday, while also …
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 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 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 …
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 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 …
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 …
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 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 …
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 …
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 …
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 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 …
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 …
Ex-Goldman Sachs banker stole merger details, prosecutor tells jury
By Jody Godoy A former Goldman Sachs banker leaked details of potential corporate mergers to a friend who traded on the information, a prosecutor told …