Iron ore capped the biggest weekly loss since April as shipments surged and data showed the slowdown in China’s steel industry deepened, vindicating banks from Goldman Sachs to Citigroup that had forecast declines. ||| Jasmine Ng Singapore...Show More Summary
LeFevre was still working on Wall Street when he tweeted snippets of outrageous conversations supposedly overheard in the elevator at Goldman Sachs.
It's true! Starting sometime next year, Goldman Sachs Group Inc. (NYSE: GS) is going to start lending money to the 99%. But don't bother getting all suited up with hat in hand for a visit to a local branch of Goldman Sachs Bank USA (with...Show More Summary
It's hard to spot an asset price bubble, especially if you're in the midst of one. Usually, people find out they're in a bubble only after it bursts. Goldman Sachs' David Kostin offers this interesting stock market chart in a new note to clients. Show More Summary
The addition of Mr. Anderson would prove a big coup for Evercore, as banks rush to set up their activism advisory teams.
A federal judge rejected former Goldman Sachs Group Inc. director Rajat Gupta’s request to throw out his insider-trading conviction and prison sentence, even after an appeals court last year... To view the full story, click the title link.
Goldman Sachs Tweeted a "Throwback Thursday" photo of the bank's first annual summer outing for employees from June 14, 1938. The photo shows a mix of men and women. Some folks are in suits and ties, while others are in what appears to be jerseys that say "GS & Co." (Perhaps they had a baseball team. Show More Summary
Goldman Sachs, the New York-based investment bank with a market capitalization of $90 billion, tweeted an old company photo showing an employee with a mustache that just doesn't seem quite natural on Thursday The photo shows employees at the bank's first summer outing in 1938. Show More Summary
The S&P 500 gained a meager 4 points in the first half of 2015, effectively delivering a 0% return for investors. Goldman Sachs's David Kostin, however, sees better gains ahead. "We expect S&P 500 will return 6% during the next 12 months (4% price, 2% dividends)," Kostin said. Show More Summary
Valentino Carlotti, partner at Goldman Sachs, talks about how he became the patron of Misty Copeland, who has been named the first African-American principal dancer of the American Ballet Theatre.
Goldman Sachs is the leading M&A bank on Wall Street. It's pretty much indisputable: according to Dealogic data, Goldman leads league tables for the first half of 2015 in global M&A as well as deals in the US. League tables are rankings...Show More Summary
``In one year's time, the euro will be fetching just 95 cents, Goldman said... "After years of cliff-hangers, the market continues to expect a deal at the last minute, including in the aftermath of the referendum announcement. As a result, few are willing to put on euro downside, even as the odds of a deflationary shock to the Euro zone are rising," Goldman said.''
Early last week we presented something rather shocking: a note by Goldman Sachs suggested that as a result of the ECB's QE failure to push the EUR lower and with bond yields having risen instead of falling since the launch of the ECB's...Show More Summary
The S.E.C. says the 2013 erroneous trading highlights the need for Wall Street firms to maintain better systems to prevent technological glitches that can roil markets.
Jack Levy is leaving Goldman Sachs after spending 15 years as an investment banker there. Levy worked on Goldman's M&A team. He was one of four co-chairmen of the practice. The others — Paul Parker, Tim Ingrassia and Gene Sykes — remain...Show More Summary
“What is this Goldman Sachs and why has it caused us so much grief?” is a question they must be asking in even the most remote of Greek villages, as they are throughout much of this economically troubled world. (Reposted)
When the American Ballet Theatre's Misty Copeland hits the stage, there's more than meets the eye. To get to her position – as one of the country's most popular ballerinas, a lead in the current production of Swan Lake, and a hopeful...Show More Summary
Just because it's summer and school's out, doesn't mean that you shouldn't be thinking about future career plans. On Wall Street, recruiting season will be here before we know it. Now is the perfect time to get ahead and start preparing for those interviews. Fortunately, Goldman Sachs has an awesome Careers Blog. Show More Summary
At the Goldman Sachs Technology and Internet conference in 2013, an attendee asked Tim Cook to explain why Apple products are expensive. Cook said that Apple did not want to sacrifice quality for price. Apple’s product prices have become competitive lately, but you can still save money by purchasing from [...]
Submitted by Daniel Drew via Dark-Bid.com, On Wall Street, a vital skill is the ability to sell something that you know is completely worthless. Goldman Sachs did it when it sold ABACUS 2007-AC1 to investors while hedge fund manager John Paulson was betting against it. Show More Summary