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 year, later than an earlier…
(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 year, later than an earlier…
By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs’ asset management arm said two funds have closed, raising more than $15 billion for funds that enable investors to make secondary…
(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 forecasting the U.S. central bank…
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 to a memo seen by…
(Reuters) – Goldman Sachs Asset Management has appointed Anupam Damani and Lindsay Rosner as managing directors to its fixed income and liquidity solutions business, a memo seen by Reuters showed…
(Reuters) – Goldman Sachs is planning for another round of job cuts for employees who are deemed underperformers, which could come as soon as late October, the Finanical Times reported…
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 Bank should be heard instead…
(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 Oakes, a spokesperson told Reuters…
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 room to expand before breaching…
By Toby Sterling, Pablo Mayo Cerqueiro and Andres Gonzalez AMSTERDAM (Reuters) – Investment company Exor was able to build a 15% stake in Dutch healthcare group Philips without triggering the…
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 a memo seen by Reuters.…
By Saeed Azhar NEW YORK (Reuters) – John Rogers, an influential Goldman Sachs executive, will step back from his role as chief of staff next month, according to an internal…
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 prices in the 2000s, is…
NEW YORK, NY – A tragic update in the case of missing Goldman Sachs staffer John Castic has been reported by the New York City Police Department. The body found…
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 leaving the company after two…
By Lananh Nguyen, Niket Nishant and Manya Saini (Reuters) – Goldman Sachs executive Julian Salisbury will join investment firm Sixth Street as a partner and co-chief investment officer early next…
(Reuters) – Goldman Sachs cut its 2023 growth forecast for the euro zone, following weaker economic activity data. Economists led by Sven Jari Stehn said on Tuesday they now expect…
(Reuters) – Goldman Sachs will report its worst quarterly earnings in years next week, with a return on equity in the low single digits, Semafor reported on Thursday citing people…
(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 to amount to 1 million…
NEW YORK (Reuters) – Members of Goldman Sachs’ board nominated former Bank of America executive Tom Montag to join as an independent director, according to a filing on Thursday. Montag…
By Saeed Azhar and Manya Saini NEW YORK (Reuters) – Goldman Sachs Group Inc plans to add former Bank of America executive Tom Montag to its board, a person familiar…
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 of the year to pursue…
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 stronger-than-expected headwinds. The U.S. investment…
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 Commission (SEC) are investigating banking…
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 a New York jury during…