Page 6 - Goldman Sachs

Goldman Sachs sees gold prices hitting $2,500/oz by year-end

Earlier in January, Goldman Sachs had raised their 12-month gold price forecast to $2150 an ounce on the view that an impending US growth slowdown would lead to increased concerns of a US recession

Goldman sees Fed Reserve hiking rates by 50 bps at May, June meetings

Goldman Sachs expects the US Federal Reserve to raise interest rates by 50 basis points each at its May and June meetings, following hawkish remarks by the central bank's chair Jerome Powell.

Goldman Sachs to offer over-the-counter crypto options trading

The bank traded a non-deliverable Bitcoin option, a derivative tied to Bitcoin's price that pays out in cash, it said in a statement

Banks weigh on Wall Street after new Russia sanctions; Dow falls 440 points

The S&P 500 fell 44.39 points, or 1.01%, to 4,340.26, the Nasdaq Composite slipped 81.87 points, or 0.60%, to 13,612.75

Regulators are probing block trading on Wall Street, but what is a block?

The New York Stock Exchange defines a block as at least 10,000 shares or a quantity of stock having a market value of $200,000 or more, whichever is less

Ex-Goldman Sachs banker testifies 1MDB scheme a 'house of cards'

A former top banker at Goldman Sachs testified that he and other corrupt executives at the firm built a house of cards that was doomed to fall to try to conceal an audacious scheme

Ex-Goldman partner to testify against former colleague in 1MDB trial

Roger Ng, Goldman's former head of investment banking in Malaysia, is charged with conspiring to launder money and to violate an anti-bribery law

Regulators probe block trading at Goldman, Morgan Stanley, others

Federal investigators have launched a probe into block trading at Wall Street hedge funds and banks including Morgan Stanley and Goldman Sachs Group

Now, Goldman expects 7 US Federal Reserve rate hikes in 2022

The bank sees a 25 basis-point hike in each of the remaining meetings this year

Paytm: Foreign brokerages divided on road ahead for the stock

While those at Goldman Sachs have upgraded the stock to buy with a target price of Rs 1,460, analysts at Macquarie maintain an underperform rating with a 12-month target price of Rs 700 on the counter

Goldman Sachs predicts Fed will raise rates five times this year

Bank of America Corp. now predicts seven rate hikes in 2022 and BNP Paribas SA forecasts six, while JPMorgan Chase & Co. and Deutsche Bank AG see five

Oil prices can hit $125 a barrel if Russia-Ukraine crisis worsens: Analysts

Though analysts believe diplomatic efforts will continue leading to a stabilisation and an eventual easing of these tensions, it may take several months for this to happen

Goldman Sachs' most elite rank to get millions in special payouts

The unusual payments to partners -- the roughly 400 executives who fill out the investment bank's highest rung -- will add millions of dollars to many compensation packages

Bitcoin could reach $100k if it replaces gold as store of value: Goldman

Goldman estimates that Bitcoin's float-adjusted market capitalization is just under $700 billion

Goldman Sachs asks employees in US to work from home until January 18

The United States is averaging more than 300,000 new cases a day for the first time in the pandemic

Crude oil prices can hit $100 a barrel in 2022, say analysts

Crude oil market, according to Goldman Sachs, is pricing in a far larger demand hit than during Delta - equivalent to no planes flying for the next three months

Goldman, Morgan Stanley bid to buy into MapmyIndia's Rs 1k-cr IPO: Report

MapmyIndia's data powers Apple Inc.'s Maps and Amazon.com Inc.'s Alexa voice assistant

Goldman to offer Asia-Pacific staff $5,000 for quarantine costs

Goldman staff in the region will be able to claim a one-time subsidy to cover costs from a mandatory quarantine stay effective Dec. 1

Goldman Sachs says global oil reserves release 'a drop in the ocean'

Global oil prices rebounded to a one-week high on Tuesday

Goldman Sachs says global oil reserves release 'a drop in the ocean'

Global oil prices rebounded to a one-week high on Tuesday after the move by the United States and other consumer nations to release oil from strategic petroleum reserves