Post Profile






It looks like Goldman Sachs is going to make money on one of the most controversial trades of the year

Goldman Sachs has cashed out on a portion of the $2.8 billion in Venezuelan bonds that the bank came under fire for purchasing from the cash-strapped country's central bank back in May. A small cadre of hedge funds recently bought $300 million of the bonds from Goldman Sachs, which enlisted small UK-based brokerage Liquidity Finance to arrange the trade, according to The Wall Street Journal.
read more

share

Related Posts


Need Seed Money For Your Hedge Fund? Consider Asking Goldman Sachs

Business & Finance : Business Insider: Clusterstock

The world of hedge funds is changing. There are more managers out there, it costs more money to start a fund, and because of the Volker Rule, banks are now limited in the amount of money they can invest or trade in hedge funds. But ...

The Swiss National Bank Owns $80 Billion In US Stocks - Here's The Catch

Business & Finance : Zero Hedge

Authored by John Mauldin via MauldinEconomics.com, Switzerland is a small country of just 8 million people, but they make an outsized impact on economics and finance and money. Because Switzerland is considered a safe haven and a we...

Goldman Sachs Sells $285 Million in Hedge Fund Holdings

Business & Finance : DealBook

Goldman has already sold $2.55 billion it had in hedge funds to comply with the Volcker Rule, which bars banks from several types of investing and trading with their own money.

Goldman Sachs Defies Volcker Rule, Purchases Minority Stake In $4 Billion Hedge Fund

Business & Finance : Business Insider: Clusterstock

Despite calls from Congress to further separate banks from hedge funds via the so-called "Volcker Rule," Goldman Sachs has gone ahead and purchased a minority stake in Level Global Investors LP, a firm owned by SAC Capital alumnus D...

33,000 Americans Have Deposited $1.8 Billion In Savings With Goldman Sachs

Business & Finance : Zero Hedge

One year ago, the FDIC-backed hedge fund and central banker incubator known as Goldman Sachs prompted some head scratching when it announced that it would become an actual bank following its purchase of GE Capital Bank's online depo...

Comments


Copyright © 2016 Regator, LLC