Goldman Sachs

Others, too, believe that $100 a barrel could become a reality

Goldman's strategists said the gains aren't sustainable, because stocks don't typically recover from troughs until the rate of deterioration in economic and earnings growth slows down

Goldman Sachs, which has funded the business and management education of 2,400 women in India, has claimed these beneficiaries have helped create around 12,000 new jobs as well as add Rs 2,800 crore in revenues to the country's economy in the past 18 months. The investment banking major first launched the graduation programme in the country in 2008. It relaunched the same 18 months ago when it claims to have funded the business and management education of 10,000 women under its 'Womeninitiative'. The numbers, it said, are based on a study carried out by the Indian School of Business (ISB) among 2,400 women entrepreneurs who participated in Goldman Sachs women initiative. The study found that these 10,000 women have doubled their existing workforce, quadrupled their revenue, and increased their productivity by five times on an average, within 18 months of graduating from the programme and most of them expect to increase hiring and grow revenue. Sonjoy Chatterjee, chairman and chief

Goldman Sachs, which has funded the business and management education of 10,000 women in India, has claimed these beneficiaries have helped create around 12,000 new jobs as well as add Rs 2,800 crore in revenues to the country's economy in the past 18 months. The investment banking major first launched the graduation programme in the country in 2008. It relaunched the same 18 months ago when it claims to have funded the business and management education of 10,000 women under its 'Womeninitiative'. The numbers, it said, are based on a study carried out by the Indian School of Business (ISB) among 2,400 of these 10,000 women entrepreneurs who participated in Goldman Sachs women initiative. The study found that these 10,000 women have doubled their existing workforce, quadrupled their revenue, and increased their productivity by five times on an average, within 18 months of graduating from the programme and most of them expect to increase hiring and grow revenue. Sonjoy Chatterjee, ..

Only 11% of jobs in India can be automated against global average of 18%, says Goldman Sachs' assessment of 30 countries

In a report published on March 26, GS economists predicted that 18 per cent of work globally could be computerised

As Wall Street giants move to end the spiralling banking crisis in the US, First Citizens BancShares Inc is reportedly considering making an offer to acquire the collapsed Silicon Valley Bank

The loss on the portfolio was the reason SVB, a technology-focused lender known as Silicon Valley Bank, attempted a $2.25 billion stock sale last week using Goldman Sachs as an adviser

Goldman's exit is in compliance with US state securities regulations, which restrict the ownership of ownership beyond 10 years in a company

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Goldman Sachs Asset Management and Bain, along with private equity firms TDR Capital and TPG, have tabled indicative offers for Subway, the news outlet reported

Both banks forecast Fed fund rates at 5.25%-5.5% range

The New York-based bank is targeting to invest a quarter of its newly-raised $5.2 billion growth fund in the region, people familiar with the matter said

The $300 million to $350 million investment would value TVS at about $3 billion to $3.5 billion, likely making it India's most valuable EV two-wheeler manufacturer, ET said

Adani Enterprises Ltd., the flagship company, finished up nearly 15% on Tuesday, leading gains as other related stocks also rose

The fund has invested in Indian companies such as Swiggy, MoEngage, and ElasticRun

Our equity strategists view the budget as positive for infrastructure and capex-sensitive sectors, says Goldman Sachs

Goldman Sachs no longer wants to be the bank for everyone. The storied investment bank spent eight years attempting to expand its business beyond corporations and the wealthy. But in recent months, Goldman has signalled a partial retreat from those efforts by scrapping plans for a checking account broadly available to the public and mothballing its personal loan business. A popular savings account and a credit card business survive for now. Last week, the bank disclosed that it had accumulated USD 3 billion in losses in its consumer banking franchise since 2020, mostly money set aside to cover potential loan losses in its Marcus personal loan business. Bank regulators are reportedly looking into whether the consumer business had proper safeguards in place as it grew larger. The retreat in consumer banking comes as Goldman tries to refocus on its roots: advising corporations on deals, investing, and trading, and servicing the well-to-do. The firm's revenue from investment banking, .

Support and empathy on sites such as LinkedIn and a market that is still hiring are softening the blow

It also reported a pre-tax loss of $778 million in its platform solutions unit