Page 17 - Goldman Sachs

Tax rate cut: Brokerages rejig index targets; Chris Wood ups India exposure

Besides Wood, Nomura, too, has revised its Nifty50 target for March 2020 to 12,545 on the back of a potential 7 per cent earnings increase in FY20/21

Goldman Sachs says US-China trade war, not Fed, is driving dollar

Goldman sees the US Dollar Index, which fell by as much as 0.5% on Thursday, reaching 99.7 by December

Goldman leaders court Saudis over Aramco IPO after 1MDB fallout

Saudi Arabia is becoming the focus of Goldman Sachs' West Asia strategy after the fallout from the 1MDB corruption scandal marked its abrupt downfall in Abu Dhabi

Goldman VP arrested in Bengaluru after bank alleges Rs 38 crore theft

Ashwani Jhunjhunwala, part of Goldman's Bengaluru operations in southern India, last week used the computers of three junior employees to transfer Rs 38 crore ($5.3 million) of the bank's money

How American banks beat European peers to rule the global financial system

A decade ago, they almost brought down the global financial system. Now they rule it

Finding the money: India, China markets are golden geese for Goldman Sachs

The region's benchmark MSCI Asia Pacific Index declined for a second day, and has been range-bound over the past few weeks

Goldman Sachs sees more pain in store for the Indian economy

The current slowdown has lasted for over 18 months and is the longest incident of sluggishness since 2006, the report said.

World's biggest companies accept growing inequality as defining challenge

The initiative, sponsored by the Organization for Economic Cooperation and Development, is set to be unveiled by President Emmanuel Macron as he prepares to host the G7 summit this weekend in Biarritz

AI start-up H2O.ai raises $72.5 million from Goldman Sachs, Ping An

The start-up, co-founded by Hyderabad-born Sri Satish Ambati in 2012, has raised a total funding of $147 million with this round

Goldman Sachs raises recession alarm as US-China trade war intensifies

US President Donald Trump announced on August 1 that he would impose a 10% tariff on a final $300 billion worth of Chinese imports on September 1

1MDB scandal: Malaysia charges former Goldman bosses, Alibaba CEO

It was allegedly used to finance the production of the hit Leonardo DiCaprio film 'The Wolf of Wall Street'

Apple, Goldman Sachs start issuing Apple Cards via invitation-only channel

The card is designed to work with the iPhone, where users sign up for the card and can start using it immediately if approved via the Apple Wallet app and Apple Pay system

Goldman Sachs shuns 'naked long' bets in EMs as growth seen sputtering

Maasry recommends relative value: Buy the Brazilian real by shorting the Australian dollar, for example, or fund a long position in the Mexican peso with euros

A busted Goldman airline deal is investigated by private detectives

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

Goldman-HDFC JV bets big on student housing, plans 75,000 beds in 18 months

They are adding capacity through acquisitions, beside new projects

China can create its own Goldman Sachs, if Beijing curbs its instincts

Chinese brokerages are relatively unsophisticated beside their Wall Street rivals, focusing mostly on equities trading

Deutsche Bank's biggest overhaul to cost 7.4 bn euro; 18,000 jobs to go

The plan represents a major retreat from investment banking by Deutsche Bank, which for years had tried to compete as a major force on Wall Street

Privatisation, exports to be top priority for new govt: Goldman Sachs

Land and labour reforms will also take precedence regardless of who forms the government

UK fines Goldman Sachs $45 million over transaction reporting failure

The failures, including 9.5 million transactions that weren't reported at all, were violations of the Markets in Financial Instruments Directives, or MiFID.

Nifty to gain 10% in 12-months, upgrades Indian mkt to overweight: Goldman

Foreign institutional investors (FIIs) have pumped in $5.5 billion into Indian markets in the past one month