Goldman Sachs Group

The results capture a growing trend of market turmoil boosting trading desks across Wall Street as investors rebalance their portfolios to manage tariff-related risks

The bank is trying to send more managers to locales outside its main hubs in an initiative dubbed informally by some as 'Project Voyage'

Potential tariff-driven decline in US natural gas imports from Canada is too small to significantly raise US natural gas prices, the bank said

Harris proposed raising the corporate tax rate to 28 per cent from 21 per cent and ensure big corporations pay their fair share

Consumers continue to be "somewhat steady," but they are spending selectively after years of inflation, McShane added.

Bollinger, who is currently co-head of private wealth management for Europe, Middle East and Africa at Goldman Sachs in London, will join Julius Baer no later than Feb 1, 2025, the Swiss bank said

Only five China-focused private equity funds were raised in the first half this year, totalling $2.2 billion

The tested banks overall saw losses of 17.6 per cent to existing loan balances on credit cards and among them Goldman Sachs recorded 25.4 per cent in losses

India is the world's second busiest IPO market this year after the United States, with bankers expecting more activity amid a paucity of deals elsewhere in Asia, Reuters reported last month

Goldman joins Wall Street lenders and private equity giants chasing opportunities in an economy that is forecast to grow 7% in the year ending March

"It is part of normal business activity to review our role requirements on an ongoing basis across the bank, to ensure that we remain effective in delivering our business strategy"

India's annual economic growth is forecast to slow to about 6% for a few years, according to economists from Goldman Sachs Group Inc. and Barclays Plc.. And they say that's not such a bad thing

China is in for a "protracted and costly" reopening, with any release of pent-up demand likely to be lackluster as many households have already depleted their savings

Gross domestic product may expand by 5.9% in calendar year 2023 from an estimated 6.9% this year

In a Q&A, Rajat Sood and Som Krishna say their company isn't absolutely return-focused, but is a relative value investor that is looking out for bogh buyouts and minority stakes

While the total number is less than some previous rounds, the reductions are a resumption of Goldman's annual culling cycle that it had largely paused during the pandemic.

China's local governments could sell more than $229 billion of bonds to fund infrastructure investment and plug budget gaps

The latest inflation data from the US spurred a risk rally as traders reduced Federal Reserve tightening wagers

Investment banking revenue fell 41% to $2.14 billion in the quarter

SpaceX boss says 'a few unresolved matters' remain on Twitter deal