Page 8 - Goldman Sachs

Goldman's Petershill to list $5-bn alternative asset portfolio on LSE

Petershill will place minority stakes in 19 private equity, other alternative managers into a structure that will then list in an initial public offering, according to a document filed with LSE.

Goldman Sachs buys Dutch money manager NN Investment Partners for $1.9 bn

The US lender will pay about 1.6 billion euros ($1.9 billion) for NN Investment Partners, according to a statement Thursday

Goldman Sachs to buy NN group's investment arm for $1.98 billion

NN Group said Goldman Sachs will buy NNIP, the Dutch insurer's investment arm, for $1.98 bn in the biggest acquisition by the American firm since David Solomon became chief executive in 2018

Goldman slashes China growth forecast on Covid's delta variant uutbreak

The economists cut their projection for quarter-on-quarter growth of gross domestic product in the third quarter and also lowered their full-year GDP growth forecast

S&P 500 should hit 4,700 by 2021-end, say Goldman Sachs analysts

It has posted six straight months of gains in 2021

Global banks' $170-billion haul marks most profitable year ever

As the dust settles over earnings season, a total profit of more than $170 billion from a dozen of the biggest firms in the past four quarters shows how far the industry has come from the frazzled ear

Goldman Sachs raises junior bankers' pay after burnout complaints

Goldman Sachs will now pay first-year analysts at least $110,000 up from $85,000, according to people familiar with the matter.

Goldman cuts Q3 Brent forecast to $75 a barrel on Delta demand hit

Goldman Sachs reduced its forecast for Brent crude oil to $75 a barrel for the third quarter, $5 lower than its previous estimate, as a surge in Delta variant COVID-19 cases takes a toll on demand.

Goldman Sachs to hire over 2,000 people by 2023 for Hyderabad office

Goldman Sachs said it's new office here will hire over 2,000 employees by 2023

Wall Street banks hike shareholder payouts after Fed gives the green light

Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs and Wells Fargo said they were hiking their capital payouts after the US Federal Reserve gave them a clean bill of health

Retail next growth engine for RIL with potential 10x PBT growth: Goldman

After growing 5x over FY16-FY20, RIL's core retail revenue growth has taken a pause in FY21 (April 2020 to March 2021) due to Covid related macro headwinds including lower footfalls

Goldman Sachs expands transaction bank to Britain for steadier revenue

Goldman Sachs has launched its transaction bank in Britain, the firm said Monday, expanding the business after launching in the United States last year as it looks for steadier sources of revenue

JPMorgan, Goldman, two other banks hired by Paytm for proposed $3 bn IPO

The board of the startup, formally called One97 Communications, also approved Morgan Stanley and ICICI Securities Ltd. to help with the sale, the people said, asking not to be identified as the matter

Wall Street's return-to-office divide laid bare by Goldman and Citi

Such divergences are popping up across Manhattan's mighty financial industry, creating pockets of optimism within the city's economy

'Too big to fail' may not apply in China anymore: Goldman Sachs Group

Even for large corporates or for state-related entities, policymakers are much less willing to extend support, analysts said

Oil rally has more room, Brent expected to hit $80 per barrel: Goldman

US investment bank Goldman Sachs expects Brent crude prices to reach $80 per barrel this summer, betting that a recent oil market rally will continue

Buffett bets on all-digital banks, but the world still needs Goldman Sachs

Big banks appear to be on the defensive against digital competitors, but they continue to hold the reins to large-scale credit.

Covid: Goldman Sachs tells US bankers to disclose vaccination status

The requirement, detailed in a memo sent to employees are steps Wall Street is taking to return operations to normal after most of the industry's employees spent more than a year working from home.

Wall Street CEOs get heat from Congress over social justice, fees & wokeism

the Wall Street bosses frequently found themselves under fire from both sides of the aisle, Democrats and Republicans

Wall Street bank CEOs to tout US Covid relief push before Congress

Wall Street bank chiefs will tout the role their institutions have played in getting the pandemic-hit US economy back on track when they appear before Congress this week