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Goldman Sachs

U.S. multinational investment bank

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Goldman Sachs: U.S. multinational investment bank
The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting.

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Aggressive Fed boost fails to stop sell-off [Video]

Aggressive Fed boost fails to stop sell-off

Wall Street's slide deepened Monday as unprecedented moves to shore up credit failed to sooth investors fears about the coronavirus crisis. As Fred Katayama reports, the Senate's failure to pass a..

Credit: Reuters Studio     Duration: 01:23Published
Goldman Sachs CEO Gets Raise, Now Makes $27.5 million [Video]

Goldman Sachs CEO Gets Raise, Now Makes $27.5 million

Goldman Sachs CEO David Solomon received a 19% raise for his work in 2019/ The increase bumps his pay to $27.5 million for 2019, up from $23 million for his work in 2018. This includes a $1.9 million..

Credit: Wochit News     Duration: 00:38Published
Global economy is already in recession -economist poll [Video]

Global economy is already in recession -economist poll

The global economy is already in recession due to the coronavirus pandemic, according to economists polled by Reuters, separately Goldman Sachs sees U.S. GDP plunging 24 percent in the second quarter...

Credit: Reuters Studio     Duration: 02:06Published
U.S. layoffs surge amid coronavirus shut down [Video]

U.S. layoffs surge amid coronavirus shut down

Weekly unemployment claims surged to a 2-1/2 year high as companies laid off workers because of the coronavirus pandemic that has frozen economic activity. Conway G. Gittens has more.

Credit: Reuters Studio     Duration: 01:45Published
'D' word rears head as coronavirus-hit markets brace for recession [Video]

'D' word rears head as coronavirus-hit markets brace for recession

The coronavirus shockwaves rippling through U.S. stocks are forcing investors to contemplate outcomes more dire than a recession, including several quarters of declining economic activity, a credit..

Credit: Reuters - Politics     Duration: 01:54Published
S&P bear market will soon end - Goldman Sachs [Video]

S&P bear market will soon end - Goldman Sachs

Goldman Sachs predicts the S&P 500 will plunge 28% from its February peak, putting it deep into a bear market. As Fred Katayama reports, Wall Street edged closer to bear territory Wednesday.

Credit: Reuters Studio     Duration: 01:29Published
Dow nosedives 1,190 points into correction territory [Video]

Dow nosedives 1,190 points into correction territory

Fear the coronavirus is turning into a pandemic sparked another major stampede out of stocks, prompting the worst point-drop for the Dow in history as stocks crumbled 4 percent. Conway G. Gittens looks..

Credit: Reuters Studio     Duration: 02:34Published
Wall St. extends plunge as coronavirus spreads [Video]

Wall St. extends plunge as coronavirus spreads

U.S. stocks tumbled for a sixth consecutive session as the rapid spread of coronavirus fueled global economic growth fears. Conway G. Gittens reports.

Credit: Reuters Studio     Duration: 01:54Published
Prince Harry in talks with Goldman Sachs to join speaking circuit [Video]

Prince Harry in talks with Goldman Sachs to join speaking circuit

A source close to the bank confirmed that the Duke of Sussex is discussing the possibilitynof participating in its β€œTalk at GS” speaker series in London.

Credit: Cover Video STUDIO     Duration: 00:51Published
Wall St. hits record highs as virus fears ease [Video]

Wall St. hits record highs as virus fears ease

Wall Street set record-closing highs for the Dow, Nasdaq and S&P 500 as investors cheered signs that the worst of China's coronavirus scare could be behind us. Conway G. Gittens has the market action.

Credit: Reuters Studio     Duration: 01:40Published

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Goldman slashes China growth forecast; imported coronavirus cases rise

Goldman Sachs said on Tuesday that China's economy will likely shrink 9% in the first quarter, underscoring how the coronavirus has disrupted normal business activities, even as China reported a rise..
Reuters - Published

Two Goldman Sachs employees test positive for coronavirus

Goldman Sachs Group Inc said on Sunday two of its employees were diagnosed with coronavirus.
Reuters - Published

Goldman, Citi among banks curbing Italy trips over coronavirus fears - sources

Goldman Sachs, Citigroup Inc, Credit Suisse and other investment banks have curbed trips to Italy amid fears that the coronavirus outbreak across the north of the country could quickly spread across..
Reuters - Published

Goldman Sachs pleads not guilty in Malaysia over 1MDB bond sales - state media

Three units of Goldman Sachs pleaded not guilty to charges of misleading investors regarding $6.5 billion in bond sales that the U.S. investment bank helped raise for state fund 1Malaysia Development..
Reuters - Published

Goldman says staff with mainland China exposure should avoid office

Goldman Sachs has instructed staff who have been in mainland China to work from home or be out of the office for 14 days since they were last there, according to an internal notice.
Reuters - Published

Goldman Sachs sees short Brexit delay, expects deal to pass

Goldman Sachs said on Wednesday that it still expected the UK parliament to approve Britain's Withdrawal Agreement with the European Union, and that there would be a "technical extension" to Brexit of..
Reuters - Published

Malaysia, Goldman discuss smaller penalty over 1MDB scandal: Bloomberg

Malaysia has discussed a $2 billion to $3 billion settlement with Goldman Sachs over the U.S. bank's alleged role in the 1MDB scandal, Bloomberg reported on Wednesday, less than half the sum the..
Reuters - Published

Goldman Sachs lowers 'no deal' Brexit probability to 5% from 10%

Goldman Sachs said on Sunday that it lowered the probability of a no-deal Brexit to 5% from 10% after the British parliament withheld its approval until formal ratification legislation is passed.
Reuters - Published

Goldman Sachs raises probability on Brexit deal to 65% after EU agreement

Goldman Sachs said it had raised its estimate on the probability of a Brexit deal to 65% from 60% after Britain struck a new divorce agreement with the European Union that still needs British..
Reuters - Published

Malaysia, Goldman discuss dropping 1MDB charges: top prosecutor to Nikkei

Malaysia is open to more talks with Goldman Sachs after having two rounds of discussions to drop criminal charges against three units of the bank over the 1MDB scandal, the country's top prosecutor..
Reuters - Published

Malaysia, Goldman talking dropping criminal charges over 1MDB

Goldman Sachs has been in talks with authorities in Malaysia to drop criminal charges against three subsidiaries of the bank in connection with the 1MDB scandal, the Southeast Asian country's top..
Reuters - Published

Goldman Sachs advises buying pound vs. dollar, sees low odds of no-deal Brexit

Goldman Sachs has recommended clients go long sterling against the dollar, with a target of $1.30 compared with the pound's current spot value of around $1.23, citing relatively low odds of a no-deal..
Reuters - Published

Malaysia says no talks with Goldman Sachs on recovering funds lost in 1MDB scandal

Malaysia's finance minister on Friday said there are no talks with Goldman Sachs Group Inc on the recovery of billions of dollars of state funds lost via the U.S. bank's former client 1Malaysia..
Reuters - Published

About $4 billion Hong Kong deposits may have left for Singapore in June-August: Goldman

Hong Kong may have lost as much as $4 billion in deposits to rival financial hub Singapore between June and August, Goldman Sachs estimated this week.
Reuters - Published

Top Goldman Sachs executive in India arrested for trying to swindle Rs 38 crore from company

Bengaluru City Police said it has arrested two people including an employee of Goldman Sachs for fraudulently misappropriating company's funds.
DNA - Published

Goldman Sachs raises 'no deal' Brexit chances as general election looms

Goldman Sachs has raised its estimate for the likelihood Britain will crash out of the European Union without a deal to 25% from 20% citing the prolonged suspension of Parliament, as lawmakers decide..
Reuters - Published

Malaysia files criminal charges against 17 Goldman Sachs executives

Malaysia filed criminal charges on Friday against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc following an investigation into a multi-billion-dollar corruption scandal..
Reuters - Published

Malaysia files charges against current, former directors of Goldman Sachs units

Malaysia has filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc in a multi-billion-dollar corruption investigation at state fund 1MDB, the..
Reuters - Published

First LGBTI job fair held in India after gay ban lifted

An LGBTI job fair, billed by organizers as the first such event in India, attracted more than 250 people on Friday looking for employment with companies including Intel, Goldman Sachs and Uber.
Reuters - Published

Mexican finance minister's resignation 'unexpected, negative,' says Goldman Sachs

The resignation of Mexico's finance minister is "an unexpected and negative development," Goldman Sachs wrote in a note to investors on Tuesday, adding that the move hinted at "significant policy and..
Reuters - Published

Goldman Sachs sees U.S. trade war with China and Mexico escalating

Goldman Sachs economists said there was a 60% chance that the United States would slap tariffs on the final $300 billion of Chinese imports, up from their previous estimate of 40%.
Reuters - Published

Apple Reveals Credit Card and TV Streaming Service

apple reveals credit card and tv streaming service
by Simon Baxendale - While Apple has partially led the way up till now in terms of modern technology, there has been one major market they haven’t tapped into – video streaming. However,..
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