Another senior Goldman Sachs executive is leaving — and colleagues are vexed
Yet another senior executive is leaving Goldman Sachs — and, of course, his co-workers are once again putting the exit under a microscope.
Goldman Sachs 2Q profits beat forecasts; boosts dividend
Goldman Sachs had the second-best quarterly profit in the firm's history in the quarter ended in June, helped by a strong performance in its investment banking division that more than made up for a decline in trading revenues.
Goldman weighs raising base salaries under pressure from rivals: report
Goldman Sachs is considering whether to raise salaries for junior investment bankers to compete with rivals on Wall Street, as younger staffers have complained of experiencing burnout from long hours worked during the pandemic, when financial markets were exceptionally busy.
Goldman to open Dallas campus, second largest after NY: report
Goldman Sachs is reportedly in advanced talks to open a major campus in the Dallas, Texas, area, that is expected to be larger than all its U.S. hubs save for the Wall Street investment firm's Manhattan headquarters.
Goldman, Blankfein, Cohn must face shareholder lawsuit over 1MDB scandal
Goldman Sachs Group Inc and two former top executives were ordered by a U.S. judge on Monday to face a lawsuit accusing them of misleading shareholders about the bank's work for 1MDB, a Malaysian fund that became embroiled in a corruption scandal.
Spanx reportedly in talks to sell
Shapewear giant Spanx has reportedly put out feelers over the prospect of selling, according to a report from The New York Times.
The recovery in air flight bookings has stalled — and business travel is to blame
Nearly every corporate giant from Google to Goldman Sachs is bringing workers back to the office — but a return to business travel is shaping up to be a more sluggish affair.
US Justice Department starts probe on Archegos collapse, report says
The U.S. Department of Justice is investigating the collapse of Bill Hwang's Archegos Capital Management, which cost big global banks more than $10 billion in losses.
Sen. Tim Scott chides banks for 'woke capitalism' and Georgia election law efforts
Many CEO's of the largest banks in the U.S. didn't know how to respond when asked about woke capitalism
Wall Street CEOs to face Capitol Hill scrutiny during oversight hearing
The CEOs of some of the largest banks in the U.S., including Goldman Sachs and JPMorgan Chase, will testify Wednesday on Capitol Hill for Senate's Wall Street oversight hearing.
Goldman Sachs manager quits after Dogecoin profit
A London based senior manager at Goldman Sachs has called it quits following a Dogecoin windfall.
Goldman Sachs' US employees to return to the office in June
"We are now more than a year into navigating the myriad of challenges posed by COVID-19, and we remain attentive to the difficulties our people are experiencing," CEO David Solomon, chief operating officer John Waldron, and chief financial officer Stephen Scherr wrote in a memo to employees. "While each community is at a different stage of managing through the pandemic, we continue to be encouraged by the rollout of vaccines in a number of jurisdictions, as well as by the effectiveness of the health and safety protocols we have put in place across Goldman Sachs campuses to protect our people."
Apple, partners launch $200M climate fund
Apple Inc. and Goldman Sachs launched a $200 million fund Thursday aimed at removing carbon from the atmosphere through investing in forestry projects, while "generating a financial return for investors."
Goldman Sachs posts record results as profits jump
Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its core investment banking and trading operations.
Goldman risk group examines 2021 market events for lessons
Goldman Sachs Group Inc (GS.N) executives are examining how well the bank navigated several major market events this year that caused extreme volatility, people familiar with the matter told Reuters.
JPMorgan, Goldman Sachs, Delta earnings and Coinbase IPO top week ahead
Delta, JPMorgan and Goldman Sachs lead earnings reports in the week ahead, while investors will get a taste of Coinbase’s IPO, the first crypto company to go public.
Businesses and philanthropy unite to fight racial wealth gap
The CEOs of Starbucks and Goldman Sachs will join leaders from philanthropy and academia in a new initiative to address the racial wealth gap in the United States.
Archegos’ Bill Hwang created wealth at a historic pace before losing it all, a FOX Business investigation shows
Before his epic collapse this week losing an estimated $8 billion or possibly in 10 days, hedge fund trader Bill Hwang increased the size of his fortune a staggering 900% or more in just seven years.
Family offices like Archegos take big risks like hedge funds
Enormous losses at Archegos Capital Management have cast a rare spotlight on the growing influence of below-the-radar institutions around the globe called family offices
Big banks win dismissal of US Treasury rigging litigation
A U.S. judge on Wednesday dismissed litigation accusing 10 large banks of conspiring to suppress competition in the now $21.2 trillion market for U.S. Treasury securities.