Ex-Goldman banker testifies 1MDB scheme a 'house of cards'
Tim Leissner told a federal jury in New York City that he paid bribes, took kickbacks and lied to banks to keep the scheme going.
Goldman forecasts 7 Fed interest rate hikes in 2022 instead of 5 as inflation rages
Goldman Sachs now sees the Federal Reserve hiking interest rates at every meeting for the remainder of the year as central bank policymakers look to tackle hotter-than-expected inflation.
Goldman Sachs workers back to office Feb. 1 but some exceptions allowed
Goldman Sachs Chief Executive David Solomon has been clear that he thinks working from home is an aberration. But the bank he runs has quietly allowed people to continue to telecommute, On the Money has learned.
Goldman, JPMorgan award bumper bonuses to top bankers
Goldman Sachs and JPMorgan Chase, Wall Street's premier investment banks, this week informed staff of bumper bonuses for 2021, following a record-breaking year for Wall Street dealmaking.
Goldman Sachs' profit declines by 13% in fourth quarter
Goldman Sachs Group's profit fell in the fourth quarter, even as the deals market stayed strong.
Goldman expects the Fed to hike interest rates 4 times this year as inflation risks grow
The Federal Reserve will likely raise interest rates four times this year and will begin reducing its balance sheet by July as it confronts an inflation surge that has been higher and longer-lasting than policymakers initially predicted, according to Goldman Sachs analysts.
Eric Adams scolds NYC big banks for remote work amid COVID surge: 'Can't run New York City from home'
New York City Mayor Eric Adams scolded big banks for sending their Big Apple-based employees back to remote work amid the spread of the highly contagious omicron variant, asserting that the financial powerhouses "can't run New York City from home."
Goldman Sachs to require COVID-19 booster shots for employees, visitors
Goldman Sachs will require all employees and visitors entering its offices to receive a COVID-19 booster shot beginning in February.
Goldman Sachs CEO warns New York City over high taxes
Goldman Sachs CEO David Solomon warned New York City over its policies, such as high taxes, saying the city's future is "not guaranteed"
Goldman Sachs execs peeved at CEO for moving them to floors with ‘rank-and-file’ workers
Goldman Sachs CEO David Solomon’s long-delayed initiative to move senior executives at the firm’s headquarters closer to the rank-and-file has finally come to fruition — and it’s rankling higher-ups and underlings alike, sources told The Post.
Goldman cuts forecast for US economic growth in 2021 and 2022
Goldman Sachs cut its U.S. economic growth target to 5.6% for 2021 and to 4% for 2022 citing an expected decline in fiscal support through the end of next year and a more delayed recovery in consumer spending than previously expected.
SEC charges ex-Goldman compliance analyst with insider trading
A U.S. regulator on Wednesday charged a former Goldman Sachs Group Inc senior compliance analyst with insider trading, saying he made illegal trades involving banking clients while working in Warsaw, Poland.
Oil will climb to $90 by year-end: Goldman Sachs
Goldman Sachs Group Inc. raised its forecast for global crude oil prices due to supply disruptions in the Gulf of Mexico and signs of strengthening demand.
Goldman's new ETF targets next tech generation
Goldman Sachs Asset Management on Thursday announced a new equity ETF called the Goldman Sachs Future Tech Leaders Equity ETF (GTEK).
Biden tax hikes bigger threat to stock market than slowing economy: Goldman Sachs
President Biden's ability to win new tax hikes will dictate the future of the stock market, according to Goldman Sachs.
Goldman Sachs cuts US growth forecast amid delta variant concerns
Goldman Sachs Group Inc. economists lowered their forecast for U.S. economic growth this year due to concerns the COVID-19 delta variant could impact consumer spending.
Goldman Sachs, Credit Suisse, Morgan Stanley adjust return-to-office plans amid delta variant concerns
Goldman Sachs, Credit Suisse, and Morgan Stanley are making adjustments to their return-to-the-office plans amid growing concerns about the spread of the delta variant.
Goldman Sachs raises odds on US Fed taper announcement in November
In a note, Goldman Sachs said it had raised the odds that a formal taper announcement will come in November to 45% from a previous forecast of 25%, and lowered the December chance to 35% from 55%.
Goldman Sachs to pay junior bankers more than any other Wall Street firm
Goldman Sachs will see Morgan Stanley and JPMorgan’s six-figure salaries for entry-level bankers — and raise them $10,000.
Goldman Sachs cuts 2022 US GDP forecast amid virus concerns
U.S. economic growth will slow sharply in 2022 as coronavirus fears keep the service sector from fully returning to pre-pandemic levels, according to Goldman Sachs Group Inc.