Page 12 - Goldman Sachs

BofA Securities, Credit Suisse, Goldman Sachs see more upside for equities

A BofA September Global Fund Manager Survey for September suggests that 58 per cent of those surveyed say the market is in a bull-phase - up from 25 per cent who believed so in May.

Full recovery in consumer durables will be long drawn affair: Analysts

Analysts expect companies to shift focus to online platform in order to boost sales in these Covid-19 impacted times

Fiscal deficit may hit 8% of FY21 GDP on additional govt borrowing: Experts

The development comes at a time when the economy is limping back to normalcy after a stringent lockdown that lasted over two months

Crisil projects wider GDP contraction for FY21 at 9%, from 5% earlier

Attributes it to Covid-19 cases and lack of stimulus from govt

10 reasons Goldman Sachs believes the bull-run in markets will continue

Major global indices have all gained 37 per cent to 75 per cent since their respective March 2020 low

Top headlines: Rating firms cut GDP forecast, hiring outlook at 15-year low

Global rating and research houses, such as Fitch and Goldman Sachs, have cut their estimates for growth in India's GDP for the current fiscal 2020-21.

Goldman Sachs to Fitch: Global rating agencies cut India's GDP forecast

Downward revision follows a sharp contraction in the economy in the April-June period, when GDP came in at a negative 23.9 per cent YoY, the worst show in nearly four decades

Goldman Sachs joins Ant's up to $30 billion IPO banking syndicate: Report

Ant, backed by Chinese e-commerce giant Alibaba Group, plans to do a simultaneous listing in Hong Kong and Shanghai

Goldman Sachs' 1MDB charges dropped by Malaysia after settlement

The US bank was discharged amounting to acquittal, according to court proceedings in Kuala Lumpur on Friday

Malaysia drops criminal charges against Goldman Sachs over 1MDB bond sales

Malaysian prosecutors withdrew criminal charges against three Goldman Sachs units accused of misleading investors over $6.5 billion in bond sales they helped organise for a state fund

Covid-19 may trigger third wave of outsourcing for Indian IT industry

Goldman Sachs report says that more technology roles likely to move to India

Female fund managers beat men at stock picks: Goldman Sachs Group

"Even after adjusting for risk, female-managed funds have outperformed their counterparts amid the pandemic-related market swings," Goldman strategists led by David Kostin wrote in a note to clients

Brokerages turn bullish on SBI on attractive valuation; see 20-44% upside

From its recent low of Rs 150.85 apiece (closing basis) touched on May 22, 2020, the stock has rallied 39 per cent on the BSE, data show

Goldman Sachs upgrades SBI to 'Buy', ups target price by 54%; here's why

Seen as the "proxy of improving confidence in the financial sector", Goldman Sachs believes SBI's current stock valuation (0.2x FY21E BVPS) makes for an attractive entry point

Goldman reports show mutual funds and hedge funds split on megacaps

Many MFs have limits on how much of their assets can be in a single stock to ensure diversification

1MDB scandal: Goldman, Malaysia agree on $3.9-billion settlement

Bank to make $2.5-bn cash payment to Malaysia within 10 days, in exchange for having criminal charges dropped

China pushes First Capital merger in drive to take on Wall Street: Reports

China wants to level the playing field as it opens up its financial markets to foreign players including Goldman Sachs and Morgan Stanley

Goldman Sachs Group slashes quarterly profit 85% with 1MDB legal charge

The additional provision cut the firm's previously announced second-quarter profit by 85 per cent, the bank said Friday in a filing

Mathew McDermott in charge of Goldman Sachs' cryptocurrency dream

He comes in place of Justin Schmidt, a former cryptocurrency trader who was recurited by Goldman Sachs in 2019 when the nascent industry was booming with record prices

Goldman Sachs comes up with Tinder for mergers in a social-distanced world

After all, this weekend's flurry of deal activity shows that not even the coronavirus can stifle M&A demand for long