Walmart's stock jumped after Goldman Sachs upgraded the company to "Buy" from "Neutral." Goldman added Walmart to its "Americas Conviction List," a group of the bank's favorite stocks to buy. Goldman said that Walmart will be a big beneficiary...Show More Summary
Nicholas DeMeyer was in charge of receiving wine at the executive's Manhattan apartment and transporting it to his home in East Hampton
Morgan Stanley is clearing bitcoin futures trades for clients, according to Bloomberg News. It joins rival Goldman Sachs and a number of large brokerages. Morgan Stanley has followed the lead of its rival Goldman Sachs and is clearing...Show More Summary
For the first time since October 2006, Morgan Stanley is 'bigger' than Goldman Sachs... Morgan Stanley's Market cap topped $100 billion, topping Goldman's $99.4 billion after MS earnings sparked buying this morning following GS' disappointment yesterday. What financial crisis?
It sounds like a good gig: working as the personal assistant for—and managing the stunning wine collection of—the No. 2 man at Goldman Sachs. But as the New York Times reports, Nicolas De-Meyer allegedly turned a good thing bad. Per an indictment unsealed Wednesday in Manhattan federal court,...
Weekend coming soon.
Some thieves prefer stealing jewelry or fine art to make a buck. But an ex-assistant to a Goldman Sachs executive thought he could make a killing by selling his boss’ collection of rare wines.
Visible Alpha, a technology company that aims to help banks excel in a MiFID world, landed $38 million in a fundraise led by Goldman Sachs. The firm counts a slew of Wall Street banks including Bank of America, Citi, and Morgan Stanley,...Show More Summary
Companies that achieve strong revenue expansion have historically seen their stocks climb. Goldman Sachs has identified the 14 S&P 500 companies set to see the biggest sales growth in 2018. With the broader stock market expected to rise this year, it can be difficult to identify the companies set to leave their peers in the dust. Show More Summary
Prize bottles of wine valued at more than $1.2 million were surreptitiously sold, prosecutors said.
Indictment alleges theft included seven bottles of rare French Burgundy bought for $133,650
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A former personal assistant to Goldman Sachs Group Inc. Co-President David Solomon is accused of stealing more than $1.2 million worth of rare wine from his boss. Nicolas De-Meyer was arrested Tuesday night in Los Angeles and charged in an indictment unsealed Wednesday in Manhattan federal court....
You boost booze, you lose.
The former assistant of Goldman Sachs co-president David Solomon stands accused of stealing more than $1.2 million of wine from his employer. The stolen wine most notably included seven bottles from the French estate Domaine de la Romanee-Conti,...Show More Summary
US District Court in Manhattan on Wednesday indicted the former assistant of Goldman Sachs Group co-President David Solomon, accusing him of stealing more than $1.2 million in rare wine from his boss over the span of about two years, according to Bloomberg. Goldman Sachs Group Inc. Show More Summary
The bank reported its first quarterly loss since 2011, because of a one-time hit from the tax law and plunging revenue from trading bonds and other products.
Goldman Sachs just released results from its fourth quarter, beating analyst expectations with adjusted earnings of $5.68 per share. However, the fixed-income business struggled again, with revenues of just $1 billion — down by halfShow More Summary
Goldman Sachs says it lost $1.93 billion in the fourth quarter, as the bank had to record more than $4 billion in charges related to the new tax law. Goldman … Click to Continue »