Goldman Sachs is reportedly facing an investigation over fees it charges for futures trading.
Goldman Sachs
Goldman Sachs and Morgan Stanley have both posted fourth-quarter earnings results that beat analysts' expectations.
The chief economist of Goldman Sachs is anticipating the end of the pandemic-era inflation soon, as the world economy has now entered a period of "The Great Disinflation."
Chuck E. Cheese, the popular US restaurant chain that came out from bankruptcy three years ago, is reportedly considering a sale amid acquisition interest.
Goldman Sachs has identified two healthcare stocks with the potential for substantial gains, reaching up to 130%.
Goldman Sachs Research is boldly predicting that the global economy is poised to outperform expectations in 2024, demonstrating resilience in the face of recent challenges.
The lender must pay settlement for its misconduct in selling securities backed by troubled mortgage in 2008. The agreement reached Monday.
Fees in investment banking sector across the world declined 29% during the first three-month period of 2016 as uncertainty in the global market halted deal proposing activities and other investment events.
Citigroup is reportedly in negotiation to appoint Armando Diaz as the global leader of capital equities trading. These appointments signify the bank's effort to construct a robust stock offering business.
Yahoo on Friday announced the strategic alternative to sell its core business. Following the announcement, the company's shares climbed.
London-based Qubit received a Series C funding of $40 million. Goldman Sachs was leading the funding for the big data analytic platform which was announced on Monday.
A research conducted by JP Morgan analysts revealed that global investment banks would suffer a fall in profits this year. The fall could differ between regions, but average earnings are estimated to be down by 20 percent and revenues by 21 percent. Challenging economic environment is believed to negatively affect the global investment markets.
Chobani, founded by billionaire Hamdi Ulukaya, turned down an offer made by Pepsico this Friday. The beverage giant wanted to buy out the majority stake in the Greek yogurt maker, but Chobani was only interested to sell the minority stake, resulting in the deal fallout.
Goldman Sachs Group Inc. has finally agreed to pay $5.1 billion on Wednesday to resolve a seven years’ pending dispute over faulty mortgage securities. The penalty amount remains lower compared to those counted by other Wall Street competitors. Fourth quarter profit of the firm may be hit by the penalty counting. But investors welcome the settlement and its share price rises by 1.5% on Thursday.
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