As American prepare for their Thanksgiving feast, South Korea’s dining industry is making headlines of its own. Woowa Brothers, the company behind hit mobile food delivery service Baedal Minjok – Korean for “Delivery Nation” – has raised 40 billion Korean won ($36 million) in Series D funding via a round led by Goldman Sachs. Show More Summary
Seoul-based startup Woowa Brothers, which operates food delivery app Baedal Minjok, has announced that it has raised a 40 billion won (about $36 million) round led by Goldman Sachs. The capital will be used to improve Baedal Minjok’s technology and fuel its international expansion. Read More
The executive actions on immigration announced last week look likely to have only a modest economic effect, because, as Goldman Sachs explains, most of the individuals eligible for the programs are already in the US and, in most cases, are likely already working. Show More Summary
Goldman Sachs Group Inc. and HSBC Holdings Plc were sued in New York over claims they conspired for eight years to manipulate prices for the precious metals platinum and palladium in what plaintiffs' lawyers say is the first class-action lawsuit of its kind in the U.S. Show More Summary
By Jonathan Stempel NEW YORK (Reuters) - Goldman Sachs Group Inc, Germany's BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals. Show More Summary
Goldman Sachs and HSBC were sued in New York over claims they conspired for eight years to manipulate prices for the precious metals platinum and palladium in what plaintiffs’ lawyers say is the first class-action lawsuit of its kind in the US. Show More Summary
The bank’s about to ‘fess up to its profits on the “worthless” (or not so worthless?) derivatives it sold to Libya’s former “Brotherly Leader.” Goldman will disclose its margin, profit and loss from the day the trades were booked as well as a month later. Show More Summary
Here’s the only man’s gift guide you’ll need - where the practical meets the fantastical, the everyday meets the outlandish, with a token amount of benevolence. It’s not just a function of wallet size. Most men are happy to receive the...Show More Summary
Last Friday New York Federal Reserve Chairman and former Goldman Sachs Chief Economist William Dudley went before the Senate Banking Subcommittee on Financial Institutions and Consumer Protection. Dudley testified in the wake of a slew...Show More Summary
As 2014 winds down, Wall Street's research departments have been publishing their 2015 outlooks for the markets and the economy. In the past week, Goldman Sachs laid out its forecast for the US stock market and US economy, It also identified...Show More Summary
Kensho, the small Cambridge-based financial start up, just landed a big Wall Street player.
William Dudley, the President of the New York Fed, is not a stupid man. He is, however, wholly unfit to be a regulator. He has now admitted that publicly. It is time for him to return to Goldman Sachs so that he can be replaced by someone...Show More Summary
William Dudley, former Chief Economist at Goldman Sachs, is going to keep Goldman Sachs from setting the financial world on fire, with lots of input from his friends at Goldman Sachs, Morgan Stanley, JPMorgan Chase....
Update: I've added the MBA and Goldman Sachs forecasts. Also Wells Fargo updated their forecast (slight changes).Towards the end of each year I collect some housing forecasts for the following year, and it looks like most analysts are optimistic for 2015.Here is a summary of forecasts for 2014. Show More Summary
On stage at Goldman Sachs event, Uber CEO compared his company’s woes to Ferguson http://t.co/yiNufnSC6s — Mark Ames (@MarkAmesExiled) November 21, 2014 Background from Annie Lowrey, at NYMag, “Acting Like Sexist, Threatening Jerks Not Quite Working Out for Uber”: … It is just the latest in a series of public-relations disasters stemming from Uber’s questionable [Read more...]
To be fair, great idea though it may be, it is available only to a very limited set of investors, in this case a set of one. But if you can’t beat the Brotherhood of the Sach—and you cannot—you can at least join them in shorting the euro, buying 10-year T-bills at between 2% and 3%, and… Continue reading » Follow Dealbreaker on Twitter or become a fan on Facebook.
The Goldman Sachs Senate hearing on commodities got nasty yesterday, The New York Times reported. “What’s the point? Maybe you can help me out here,” the Times quoted a frustrated Senator McCain (R-Arizona) as saying to a panel of Goldman...Show More Summary
Former Goldman Sachs Chief Economist and current President of the New York Federal Reserve, William Dudley, is preparing to once again speak on Wall Street's corrupt culture. He's not going to do anything about it, but he does love to...Show More Summary
Just days after the NY Fed ousted an employee for providing confidential information to a Goldman Sachs banker (who formerly worked at the NY Fed - and has since been fired by Goldman), Bill Dudley - the president of the NY Fed - will...Show More Summary
Via Goldman Sachs' Yu Song, The PBOC cut the benchmark lending and deposit rates by 40 bp and 25 bp, respectively. Meanwhile, the deposit rate ceiling was increased to 1.2 times the benchmark deposit rate (from 1.1 previously), effective from Nov 22. Show More Summary