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…
Impact Nano, chip materials startup, wins funding from Intel, Goldman Sachs
By Jane Lanhee Lee OAKLAND, California (Reuters) – Impact Nano, a Massachusetts-based startup that makes specialty chemicals for the semiconductor industry and others, said on Thursday it raised $32 million in funding…
Goldman Sachs cautious on Turkish bank stocks ahead of election
LONDON (Reuters) – Goldman Sachs said on Thursday it was “cautious” on Turkish banks heading into the May 14 election, with lenders more vulnerable than the country’s other stocks to a potential…
Goldman Sachs names Kim Posnett as global TMT head
By Anirban Sen, Jaiveer Shekhawat and Lananh Nguyen (Reuters) – Goldman Sachs Group Inc has named Kim Posnett as the head of its global technology, media and telecommunications (TMT) investment banking group,…
Hedge funds bet consumers will rein in U.S. spending – Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds’ bearish positions reached year highs in April, largely aimed at companies selling non-essential consumer products, in a bet that harsher economic times will…
Goldman Sachs lifts UniCredit stake to 7.6%
MILAN (Reuters) – Goldman Sachs had raised a stake in Italian bank UniCredit it built mostly through various financial derivative contracts to 7.62% as of April 18, a regulatory filing showed on…
Malaysia to review $3.9 billion settlement deal with Goldman Sachs – PM Anwar
KUALA LUMPUR (Reuters) – The Malaysian government is re-evaluating a $3.9 billion settlement deal reached between the previous administration and U.S. investment bank Goldman Sachs over the 1MDB financial scandal, state news…
Goldman Sachs reshuffles equities unit executives after top trader Montesano’s exit
(Reuters) – Goldman Sachs Group Inc on Wednesday announced a slew of changes to leadership in its equity trading division following the retirement of its top equity trader Joe Montesano last month,…
Goldman Sachs to enter transaction banking business in Japan
TOKYO (Reuters) – Goldman Sachs Group Inc said on Wednesday it is launching its transaction banking business for corporate clients in Japan, as the U.S. investment bank expands in the world’s third-largest…
Goldman Sachs names Michael Marsh as EMEA financing group head – memo
(Reuters) – Goldman Sachs Group Inc is shaking up the leadership ranks at its global financing group after the Wall Street bank merged its investment banking and trading business into a single…
Ally Financial taps Goldman Sachs executive Hutchinson as CFO
(Reuters) – Ally Financial Inc has hired Russell Hutchinson from Goldman Sachs as its chief financial officer effective July 3, the company said on Friday. Hutchinson has spent two decades working in…
Goldman Sachs exec: Smaller banks must prepare for stricter regulations -Handelsblatt
FRANKFURT (Reuters) – Goldman Sachs Group Inc President and Chief Operating Officer John Waldron said some smaller banks will need more capital and the sector should brace for stricter regulation of regional…
Factbox-Goldman Sachs lowers oil price forecasts for 2023, 2024
(Reuters) – Goldman Sachs lowered its crude price forecast for this year and 2024, citing a recent slump in oil prices due to banking stress, recession fears, and an exodus of investor…
Goldman Sachs lowers euro zone growth forecast; sees no growth for UK
(Reuters) – Goldman Sachs lowered its 2023 economic growth forecast for the euro zone on Monday, citing ongoing stress in the global banking system and an increase in economic uncertainty. The investment…
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 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…
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…
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