Business
Goldman Sachs’ profit rises on dealmaking, trading strength
Its profit attributable to common shareholders rises to US$4.4 billion in Q4, from US$3.9 billion a year before [BENGALURU/NEW YORK]…
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Goldman Sachs plans more job cuts to boost savings, leverage AI push
Goldman Sachs Group told staffers to expect an additional round of job cuts this year as the bank seeks further savings across its…
Business
Goldman Sachs opens new Mumbai office with bigger footprint
India’s financial sector is seeing a renewed wave of global interest from Wall Street lenders and private equity giants Goldman Sachs…
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US judge sentences ex-Goldman Sachs banker to two years over 1MDB scandal
A US judge on Thursday sentenced a former Goldman Sachs banker central to the 1MDB scandal to two years in prison after prosecutors argued…
Business
Goldman Sachs expects stronger yuan to boost Chinese stocks
The People’s Bank of China has sought to keep the yuan stable and add support to the economy via interest-rate cuts ESE stocks are…
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Citi picks Goldman Sachs’ Christopher Chan to head Asia-North and South markets solutions for financial institutions
Citi on Friday (Apr 25) announced that former Goldman Sachs banker Christopher Chan will be its new Asia-North and South head of markets…
Business
Good Luck Getting Goldman Sachs to Even Say the Word ‘Tariff’
Goldman Sachs on Monday revealed its latest financial results and outlook for the future, and in a deft feat of linguistics, its…
Business
Goldman Sachs’ profit jumps as traders deliver gains
Goldman Sachs reported a 15 per cent rise in first-quarter profit as market volatility led to record revenue in equities trading and…
Business
Insurers brace for inflation, shift towards private assets: Goldman Sachs survey
While inflation remains a pressing concern for most insurers, their appetite for private assets remains robust. Despite the economic…
Business
Goldman Sachs starts infrastructure fund for wealthy individuals
GOLDMAN Sachs Group’s alternative investment arm is launching a global infrastructure fund for wealthy individuals, as it ramps up efforts…
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Goldman Sachs picks leaders to run Wall Street engines in major revamp
GOLDMAN Sachs Group is preparing to promote a slate of star executives to run its biggest Wall Street business lines, spotlighting the…
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Goldman Sachs boosts CEO pay to US$39 million, lines up five more years at helm
Goldman Sachs raised CEO David Solomon’s compensation 26 per cent to US$39 million for last year, according to a filing, and its board…
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JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
A swath of the nation’s largest lenders, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported quarterly and annual financial…
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Goldman Sachs beats profit estimates; Wells Fargo benefits from dealmaking rebound
The investment bank’s shares rose 2.6% before the bell on Wednesday, while Wells Fargo’s profit was powered by a rebound in dealmaking…
Business
China growth forecast upgraded at Goldman Sachs amid stimulus efforts
Goldman Sachs upgraded its China growth forecast over the weekend, citing recent stimulus measures and new commentary from government…
Business
Goldman Sachs: Only a quarter of Saudi Arabia’s $1 trillion capex plan will go into oil
In what Goldman Sachs Research calls a “capex super-cycle,” Saudi Arabia is expected to invest $1 trillion across six strategic sectors by…