Goldman

In a Q&A, Rajat Sood and Som Krishna say their company isn't absolutely return-focused, but is a relative value investor that is looking out for bogh buyouts and minority stakes

Decision comes after requests from foreign players; scope of existing licence was restrictive, say primary dealers

Online cosmetics retailer Purplle raised capital at a $1.1 billion valuation, becoming the second billion-dollar company to be created in India this week despite souring investor sentiment on startups

The share decline put Goldman on course for its worst single-day showing since June 2020

Goldman, JPMorgan cut GDP growth forecasts amid virus cases

The 130% surge in year-to-date funding was led by Robinhood, Cruise Automation, Lalamove, Didi Cargo and Databricks, which cumulatively have raised over $9.4 billion

Excluding that penalty, the board effectively kept Solomon's pay flat for the year

The scandal dates to the government of former Malaysian Prime Minister Najib Razak, which set up the 1MDB fund in 2009

The Wall Street trading powerhouse on Wednesday also warned that it expects reduced revenue in its asset and wealth management businesses and a higher rate of client defaults

Investors have hired a private intelligence firm to dig out details into how the deal came together

Goldman Sachs Group Inc is embarking on its biggest cost-cutting push in years as it tries to weather a slump in trading and dealmaking, according to two people with knowledge of the effort.The firm, already expected to report a steep drop in expenses for the first quarter, recently began dismissing more support staff and is increasingly rejecting bankers' spending on airfare, hotels and entertainment unless it directly serves clients, the people said. For example, the company cut technology workers in London this week, one person said, and some employees in Europe aren't being permitted to take once-routine trips to other offices in the region, said another. Additional cuts are likely.Chief Executive Officer Lloyd Blankfein, 61, is trying to ride out a years-long bond-trading slump that's being compounded by market swings and stiffer regulations - challenges that have forced many competitors to scale back. He already has adjusted his workforce, relying more on junior bankers, moving s

Goldman's $3 billion 1MDB bond had plenty of red flags