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 that inflation could remain more stubborn than…
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 memo seen by Reuters showed on Wednesday.…
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 October, the Finanical Times reported on Thursday,…
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 Bank should be heard instead in London.…
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 Oakes, a spokesperson told Reuters in an…
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 room to expand before breaching historical norms,…
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 group Philips without triggering the usual disclosures…
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 a memo seen by Reuters. The executive…
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 month, according to an internal memo. He…
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 prices in the 2000s, is retiring, according…
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 Police Department. The body found in a…
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 leaving the company after two decades, according…
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 co-chief investment officer early next year, his…
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 on Tuesday they now expect a 0.4%…
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 reported on Thursday citing people familiar with…
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 to amount to 1 million tonnes (mt)…
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 a filing on Thursday. Montag was recommended…
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 its board, a person familiar with the…
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 of the year to pursue other opportunities…
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 stronger-than-expected headwinds. The U.S. investment bank lowered…
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 Commission (SEC) are investigating banking giant Goldman…
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 a New York jury during opening arguments…
Goldman Sachs: “Fully orthodox” policy maker could raise Turkey rates to 40%
LONDON (Reuters) – Goldman Sachs said on Friday the appointments of Mehmet Simsek as Turkish finance minister and Hafize Gaye Erkan as central bank governor suggested a widespread understanding in the new…
Goldman Sachs fintech executive Stephanie Cohen to take leave of absence: memo
By Lananh Nguyen NEW YORK (Reuters) – Stephanie Cohen, the head of Goldman Sachs Group Inc’s fintech unit called Platform Solutions, is taking a leave of absence for family reasons, she said…
Former Goldman Sachs partner launches fund of up to $550 million in Portugal
By Sergio Goncalves LISBON (Reuters) – Fortitude Capital, founded by former Goldman Sachs partner Antonio Esteves, Brazilian bank BTG Pactual and Portuguese asset manager Atrium, has launched its first fund with a…
Goldman Sachs Under Investigation After Advising Silicon Valley Bank Before Collapse
Goldman Sachs Under Investigation After Advising Silicon Valley Bank Before Collapse Jason Cohen on May 5, 2023 Goldman says it is “cooperating with and providing information to various governmental bodies in connection…
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