Goldman Sachs using drones to close M&A deals during pandemic
Goldman Sachs is using drone technology to conduct virtual tours of companies and close merger and acquisition deals amidst the coronavirus pandemic.
Goldman Sachs to recoup top executives' pay after costly 1MDB fines
Goldman Sachs Group Inc. is seizing tens of millions of dollars from top executives after agreeing to a costly settlement to resolve multiple government investigations into its role in a Malaysian bribery scandal.
Blankfein and Cohn can be deposed in gender discrimination lawsuit against Goldman Sachs: judge
Former top Goldman Sachs executives Lloyd Blankfein and Gary Cohn can be deposed in a gender discrimination lawsuit accusing the Wall Street firm of tolerating a “Boy’s Club,” a New York federal judge ruled Tuesday.
Goldman Sachs rides trading, dealmaking to record earnings
Goldman Sachs Group reported record quarterly earnings driven by continued strength in trading and deal making.
Goldman Sachs offers free COVID-19 testing as employees return to office
Goldman Sachs will introduce coronavirus testing and tracing for its downtown Manhattan headquarters as it moves to get staff back in the office after months of pandemic disruption.
Kamala Harris cheers Wall Street support as big-money donors line up for Biden
America's biggest financial institutions are backing Democratic nominee Joe Biden, banking on a "blue wave" that will create jobs and boost the economy.
The best election outcome for stocks: Goldman Sachs
The fiery but ultimately inconclusive debate between President Trump and Democratic challenger Joe Biden on Tuesday may leave more questions than answers for investors as the tumultuous 2020 election moves into its home stretch.
Deutsche Bank sets July 2021 office return date for U.S. employees
Deutsche Bank set an office return date of July 2021 for its U.S. employees on Wednesday as banks struggle with whether to bring workers back to Manhattan.
Coronavirus vaccine optimism to boost stocks into year-end: Goldman Sachs
Goldman Sachs economists said last week that a faster-than-expected snapback in consumer spending will allow the U.S. economy to grow at a 35% pace in the third quarter, up from its previous forecast of 30% growth.
Goldman Sachs joins JPMorgan in announcing return to work after coronavirus office closures
Goldman Sachs told employees that it would start allowing them to return to work in shifts over the coming weeks.
Citi's new CEO Jane Fraser: 5 things to know
Citibank is tapping Jane Fraser to take over as chief executive, marking the first time a female will lead one of the largest U.S. banks. Here is what you should know about her.
Goldman Sachs joins Ant's up to $30 billion IPO banking syndicate, sources say
Goldman will be a joint lead manager on the Hong Kong leg of the IPO
Wall Street working from home may stay that way
Brokers at UBS are under the impression they won’t have to return to work until April 2021, while Morgan Stanley, Goldman Sachs and the nation’s largest bank JPMorgan, are alerting roughly half their workforces that they may not be coming back to their Manhattan offices until possibly well into next year.
Stocks to surge as coronavirus vaccine boosts economy: Goldman Sachs
The firm believes S&P 500 earnings will be boosted by a sharp rebound in sales and expanding profit margins as the economy recovers and investor confidence gains momentum.
Big US companies form group to boost hiring of minorities in New York
The New York Jobs CEO Council, which counts chief executives from 27 firms among its members, aims to hire 100,000 people from low-income Black, Latino and Asian communities by 2030.
Trump's executive orders give Congress new deadline: Goldman Sachs
President Trump's executive orders could provide a $350 billion boost to the U.S. economy and set up some key deadlines in September, according to Goldman Sachs.
NY concert with Goldman Sachs chief, The Chainsmokers to be investigated over 'egregious' social-distancing violations: Cuomo
Gov. Cuomo investigating Hamptons charity concert with Goldman Sachs boss David Solomon and the Chainsmokers over social distancing violations.
Goldman Sachs revamps employee reviews, opening door to greater job cuts
Goldman Sachs Group Inc is adopting a performance review system that will grade up to 10% of its 39,000 employees as under-performers this year, according to an internal memo sent on Monday, potentially leading to more job cuts in 2021 than the bank has made in recent years.
Goldman Sachs reaches $3.9B settlement in 1MDB money-laundering case
Goldman has agreed to pay the government of Malaysia $2.5 billion and to guarantee that it gets at least $1.4 billion in proceeds from assets that have been seized around the globe.
Goldman Sachs rides investment banking, trading to big earnings beat
Both the investment banking and trading divisions raked in the highest revenue in years, even as Goldman increased its reserves against potential loan defaults.