Search Results for: Goldman Sachs
Goldman Sachs wins role stabilizing early trade in Alibaba IPO
September 4th, 2014
Goldman Sachs Group Inc (GS.N) will be the bank in charge of overseeing early share trading in China’s Alibaba Group Holding Ltd’s (IPO-BABA.N) initial public offering, according to a source. Other banks working on the e-commerce company’s IPO were ...
Goldman Sachs faces BES losses
September 2nd, 2014
Goldman Sachs lent over £500m to Banco Espirito Santo (BES) just a month before the Portuguese government was forced to bail out the crisis-hit bank. The Wall Street bank bought up $835m (£503m) worth of the Portuguese lender’s bonds ...
ASIC charges Goldman Sachs Australia Pty Ltd with $35,000 penalty
September 1st, 2014
The Australian Securities and Investments Commisions (ASIC) has charged Goldman Sachs Australia Pty Ltd (Goldman Sachs) with a penalty of $35,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The penalty was ...
Goldman Sachs a final bidder for $1.6 billion Tokyo building
August 13th, 2014
A Goldman Sachs Group Inc unit is a final bidder for a Tokyo office tower in a deal that could fetch about 165 billion yen ($1.6 billion), said people familiar with the deal, which could be the biggest office ...
Goldman Sachs earnings rise, beating estimates
July 15th, 2014
Wall Street powerhouse Goldman Sachs’ earnings rose in the second quarter, defying pessimistic forecasts betting on a sharp drop-off. Strong results in Goldman’s investment banking and investing and lending units helped drive the firm’s quarterly earnings to $2.04 billion ...
Goldman Sachs Brings Forward Rate Forecast as Treasuries Drop
July 7th, 2014
Goldman Sachs Group Inc. brought forward its forecast for the Federal Reserve to raise interest rates after U.S. employers added more jobs than forecast, sending five-year Treasuries lower for a fourth day. The Fed will increase its benchmark in ...
Goldman Sachs fined over dark pool pricing
July 2nd, 2014
Goldman Sachs has been fined $800,000 (£466,000) by a US regulator for “failing” to ensure that trades in its dark pool took place at the best price. The regulator said more than 395,000 trades were executed in the bank’s ...
Twitter hires former Goldman Sachs banker as CFO
July 2nd, 2014
The Goldman Sachs banker who took social media platform Twitter public has been hired to be in charge of its finances. Anthony Noto, the former US bank’s co-head of telecoms, media and technology, has been recruited as part of Twitter’s ...
Goldman Sachs Bolsters Asia Mergers Team Amid Rising Volumes
June 5th, 2014
Goldman Sachs (GS.N) has named John Kim as its new head of mergers and acquisitions (M&A) for Asia ex-Japan and will relocate Christos Tomaras from London to join that team, amid surging deal volumes in the region. Kim takes ...
Goldman downgrades beer stocks as millennials prefer wine
July 25th, 2017
Goldman Sachs has cut ratings of America’s Boston Beer and Constellation Brands due to sluggish beer sales and a shift in demographic tastes. It has found the younger generation prefer wine to beer. “As we explored back in 2014, ...
