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Showing posts with label Goldman Sachs. Show all posts
Showing posts with label Goldman Sachs. Show all posts
Ex-Goldman trader Taylor turns himself in to authorities -sources | Reuters
Ex-Goldman trader Taylor turns himself in to authorities -sources | Reuters: (Reuters) - "Ex-Goldman Sachs Group Inc (GS.N) trader Matthew Marshall Taylor has turned himself in to federal authorities in connection with charges that he defrauded the Wall Street bank out of $118 million in 2007, two sources familiar with the matter said."
Goldman leads decline as Wall Street commodity revenues plummet | Reuters
Goldman leads decline as Wall Street commodity revenues plummet | Reuters: (Reuters) - "Wall Street commodity revenues crashed last year to their lowest on record, as tighter regulation and limited price swings squeezed the once dominant traders of Goldman Sachs Group Inc (GS.N), JPMorgan Chase & Co (JPM.N) and Morgan Stanley (MS.N)."
Goldman execs cash in $26.8 million in stock on New Year's Eve | Reuters
Goldman execs cash in $26.8 million in stock on New Year's Eve | Reuters: (Reuters) - "Goldman Sachs Group Inc (GS.N) Chief Executive Lloyd Blankfein and departing Chief Financial Officer David Viniar both exercised restricted stock units on New Year's Eve that delivered them $4.2 million in cash apiece."
Goldman Sachs gives its version of angry employee's departure | Reuters
Goldman Sachs gives its version of angry employee's departure | Reuters: (Reuters) - "Just days before publication of a book promising to expose a rampant culture of greed at Goldman Sachs Group Inc (GS.N), the Wall Street company is writing its own story about the book's author."
Exclusive: U.S. banks told to make plans for preventing collapse | Reuters
Exclusive: U.S. banks told to make plans for preventing collapse | Reuters: (Reuters) - "U.S. regulators directed five of the country's biggest banks, including Bank of America Corp and Goldman Sachs Group Inc, to develop plans for staving off collapse if they faced serious problems, emphasizing that the banks could not count on government help."
Oakland leaders urge broad battle with Goldman Sachs | Reuters
Oakland leaders urge broad battle with Goldman Sachs | Reuters: (Reuters) - "Oakland leaders took their financial troubles to the doorstep of Goldman Sachs on Tuesday, urging other cities to join them in fighting a bank that has become a lightning rod for criticism of the U.S. financial system."
Analysis: Big banks' glory days feared to be gone for good | Reuters
Analysis: Big banks' glory days feared to be gone for good | Reuters: (Reuters) - "The summer of 2012 may be remembered as the time when regulation, scandals and a protracted slow-growth economy finally caught up with big American banks."
Goldman Sachs profits fall 11% | Business | The Guardian
Goldman Sachs profits fall 11% | Business | The Guardian: "Wall Street bank's net profit for the three months to June was $962m , compared with over $1bn in the second quarter of 2011"
Top banks say they not too big to fail | Reuters
Top banks say they not too big to fail | Reuters: (Reuters) - "Nine of the largest global banks on Tuesday expressed confidence they can be salvaged or dismantled without taxpayer bailouts if they became insolvent, as U.S. regulators released public portions of these banks' "living wills"."
Goldman nears hedge fund admin unit sale: source | Reuters
Goldman nears hedge fund admin unit sale: source | Reuters: (Reuters) - "Goldman Sachs (GS.N) is close to signing a deal to sell its hedge fund administration business to U.S. bank State Street Corp (STT.N), a source familiar with the situation said, the latest deal in a sector enjoying growing demand for its back-office services."
IPO whisper estimates may be heard after Facebook | Reuters
IPO whisper estimates may be heard after Facebook | Reuters: (Reuters) - "In the aftermath of the Facebook IPO, investor outrage - and lawsuits - have focused on "whisper" estimates of future results that underwriters shared only with some clients."
Would result in 40,000 job losses in the US this year.
Would result in 40,000 job losses in the US this year.
SEC, FINRA to review Facebook issues, Nasdaq sued | Reuters
SEC, FINRA to review Facebook issues, Nasdaq sued | Reuters: (Reuters) - "Two top U.S. financial regulators said the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq."
Goldman profit tops estimates; raises dividend | Reuters
Goldman profit tops estimates; raises dividend | Reuters: (Reuters) - "Goldman Sachs Group Inc's first-quarter earnings fell from a year earlier but were better than many analysts had anticipated thanks to aggressive cost-cutting and better-than-expected investment banking and trading revenues."
How many more people will loose their jobs?
How many more people will loose their jobs?
Report: Goldman Begins New Round of Layoffs | Fox Business
Report: Goldman Begins New Round of Layoffs | Fox Business
This is how banks cut costs, they layoffs people.
This is how banks cut costs, they layoffs people.
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