Goldman Sachs Group’s $1.73 billion deal to sell 149 U.S. hotels to Moody National REIT I Inc., a non-traded real estate investment trust, has collapsed after an increase in funding... To view the full story, click the title link.
By Karen Freifeld (Reuters) - Goldman Sachs Group Inc has tentatively agreed to pay about $270 million to settle a lawsuit by investors, according to a source familiar with the matter. Pension funds led by NECA-IBEW Health & WelfareShow More Summary
Amid the collapse in commodities, crashing Chinese stocks, the weakest US wage growth in US history, and a data-dependent Fed; Goldman Sachs fears the new normal is 'shorter-and-faster' business cycles with no persistence primed by monetary policies. Show More Summary
The Big 4 accounting firms, their trade association and Goldman Sachs Group Inc. have pulled back on fundraising for U.S.Rep. Scott Garrett (R-5th Dist.) after he reportedly made anti-gay remarks in a closed-door meeting with fellow Republican lawmakers, sources said to Bloomberg. Garrett refused...
Silicon Valley is the new Wall Street. Learning to code is the new ticket to riches… Google is the new Goldman Sachs… and tech startups with stock options are the new hedge funds (where you might fizzle out but also might hit it big). Show More Summary
Goldman Sachs has brought in sleep experts, Google hosts “sleeposium” events and LinkedIn just launched a new program for its workers.
Goldman Sachs (NYSE: GS) and Wall Street in general are bullish on this market darling, even after it has already fallen more than 45%.
A few excerpts from an FOMC preview by Goldman Sachs economist Zach Pandl: The July 28-29 FOMC meeting is shaping up to be the calm before the storm. Short-term interest rate markets imply a zero probability that the committee will raise policy rates next week, but show a high likelihood of at least one hike before the end of the year. Show More Summary
Goldman Sachs thinks that the federal budget deficit this fiscal year will be the lowest it's been since the start of the financial crisis. The Congressional Budget Office's most recent estimate from March puts the deficit for the year...Show More Summary
Online furniture marketplace Pepperfry on Monday said it has raised whopping $100 million in series-D rounding of funding from Goldman Sachs, Zodius
Huge tech firms including Apple, Microsoft and Google, along with other major companies such as General Motors, Goldman Sachs, UPS and Walmart, are joining a White House-coordinated effort to create a global consensus on climate change. Mashable reports that the...
The world is experiencing a "negative feedback loop" as commodity prices fall, according to Goldman Sachs. What's more, this loop is a huge story decades in the making — and there isn't a country on the planet that won't be impacted. Lets...Show More Summary
Goldman Sachs Group Inc agreed to pay $1.8 million to resolve Financial Industry Regulatory Authority claims that one of its units submitted inaccurate trading information over a period of eight... To view the full story, click the title link.
(Reuters) - A Goldman Sachs Group Inc unit must pay $1.8 million for not reporting "substantial" details about its alternative trading system orders to a system that tracks that information, and also for other lapses, Wall Street's industry-funded watchdog said. Show More Summary
About a decade ago, Goldman Sachs’ Arjun Murti suggested an oil “superspike” might send prices to $105 a barrel. There were two primary reactions to this analysis, first, that Goldman was just marketing its commodity indices, and second, that he/they were crazy. The former view probably continues to be held [...]
At this point, the Wall Street exposé is practically a self-contained literary genre. The latest entry, Straight to Hell: True Tales of Deviance, Debauchery, and Billion-Dollar Deals, is the long-awaited oeuvre of John LeFevre, the author...Show More Summary
Square has confidentially filed for an initial public offering, according to Bloomberg. The report, which cited people with knowledge of the matter, states the mobile payments company is working with Goldman Sachs, Morgan Stanley and...Show More Summary
Mobile payments startup Square reportedly filed to go public on Friday. Now CNBC is reporting that Goldman Sachs will lead the IPO, with Morgan Stanley also hired as an advisor. Bloomberg reports that JPMorgan is also working on theShow More Summary
On the Web: Square Said to File Confidentially for Initial Offering - Bloomberg - "Square has been working with Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co. on the IPO, said the people, who asked not to be identified...Show More Summary