Page 11 - Goldman Sachs

Does Brics exist only because a good acronym cannot be allowed to die?

India says it wants clear criteria established for new Brics memberships. But do even the existing members qualify under any meaningful criteria, asks T N Ninan

Mid-cap stocks pique interest of FPIs after 5 years: Goldman Sachs

Overseas investor holding increased by 175 bps to 16% of their m-cap this year

Goldman Sachs pencils in first Federal Reserve rate cut for Q2 of '24

Fed policymakers in March 2022 began ramping up their target for the benchmark rate to a range of 5.25 per cent to 5.5 per cent

Goldman Sachs chief executive David Solomon stuck, without a clear lifeline

In July, Goldman reported a collapse in profits, the result of a misbegotten foray into consumer banking that the firm is unwinding

China or India? Where should investors put their money in coming Asia boom

Goldman Sachs Group Inc. analysts expect India's share of global equity market capitalisation to quadruple between now and 2075-reaching 12 per cent, when it will be neck and neck with China's

Goldman brings Tom Montag as CEO Solomon looks to bolster board support

Montag, who had previously co-headed Goldman's securities division besides holding several other senior roles, would now be a part of the bank's audit, governance and risk committees

Goldman profit tumbles on real estate hits, dealmaking slump: Report

The firm had been actively tamping down expectations heading into the report, prompting analysts to slash their estimates for quarterly profit by almost half since mid-June

Netweb Technologies India raises Rs 189 crore from anchor investors

Nomura Funds, Goldman Sachs Funds, ICICI Prudential MF, HDFC MF and Nippon MF were among those who got an allotment

Goldman Sachs offloads $1 bn of personal loans from Marcus to Varde

Goldman last year stopped personal loans under the Marcus brand and decided to wind down the $4.5 billion loan portfolio

Tax havens: What are they, and which are the top tax havens in the world?

In 2016, a report by Citizen for Tax Justice stated that over 370 companies out of Fortune 500 operate subsidiaries in tax haven nations

India may be world's 2nd-largest economy by 2075, says Goldman Sachs

The report projected India's GDP at $52.5 trillion by 2075, behind China's $57 trillion but ahead of the US' $51.5 trillion

Goldman Sachs sees markets consolidating in third quarter of 2023

Goldman retains its market weight stance and sees Nifty50 at 20,700 by June, implying 6.7 per cent gain since Thursday's close at a record high of 19,497 points

PM Modi pitches India to investors in meeting with Goldman Sachs board

The 12-member Goldman board is visiting India for its first meeting in the South Asia nation in more than a decade

PM Modi meets Goldman Sachs leadership, highlights India's potential

Prime Minister Narendra Modi met Goldman Sachs' key leadership here on Wednesday and highlighted India's potential and opportunities to the leading global banking and investment firm. "Had a fruitful discussion with the members of the Board and key leadership of Goldman Sachs. Highlighted India's vast potential for growth, fuelled by recent reforms and a conducive business environment," the prime minister said in a tweet. Modi said he also spoke about the opportunities being offered by India for global firms.

India's Superman stature in world order by 2075 to be US' kryptonite

Off the back of superior economic growth, EMs and the Indian capital market are expected to grow in stature over the decades to come

India to account for 12% of global m-cap by 2075; GDP to surpass US

The US-based investment bank said the growth in EMs will continue to outpace that in the developed market, with 7 of the top 10 world economies becoming EMs by 2075

Goldman starts cutting number of MDs across the globe amid deals slump

The moves are part of a deep cost-savings drive at the bank, which has seen at least three rounds of job cuts in less than a year

Goldman Sachs likely to take big writedown on GreenSky acquisition: Report

Shares of Goldman fell 1.4% in morning trading

JPMorgan Chase cuts nearly 20 Asia dealmaking jobs in new layoff round

The moves add to a February round of cuts that affected about 30 investment bankers in Asia, and followed similar moves by Goldman Sachs Group Inc. and Citigroup Inc. last week

Goldman Sachs sees India holding its own even if China stocks rebound

India has been seen as one of the key beneficiaries as global sentiment toward Chinese equities soured due to a slower-than-expected recovery