Page 13 - Goldman Sachs

Goldman Sachs moves past 1MDB scandal with new office in Abu Dhabi

Goldman Sachs's new outpost will open in Abu Dhabi Global Market, pending final regulatory approval, according to an internal memo seen by Bloomberg News

Goldman Sachs agrees to pay $215 mn to end case on underpaying women

Though the trial was to focus on the statistics of pay and promotion, and a judge had said the question of a boys' club atmosphere didn't qualify for class treatment

Goldman Sachs joins Barclays in bet against Fed rate cuts this year

Positioning around policy pricing for this year has entered a key period this week, with April inflation gauges slated to be released Wednesday and Thursday

China flags supply chains, population as top priorities for new policies

China has become increasingly alert to supply chain security risks amid a US push to cut it off from advanced chip technology. Adding to it, its population has shrunk signaling a demographic crisis

Goldman Sachs Group Inc names Kim Posnett as global head of TMT

Former TMT co-head Sam Britton will become a co-chairman of the unit, according to the memo. Britton's co-head Matt Gibson moved to a key role in asset management earlier this year

Europe's gas crunch could return as Goldman Sachs sees winter spike

Europe was saved this winter by mild weather and weak demand for LNG by China, but it's uncertain whether those conditions will last

VC firm Burda Investments may sue ex-Zilingo CEO Ankiti Bose: Details here

Burda has clarified that action against Ankiti Bose is a result of the joint decision by all investors and not led by any single investor as claimed by her

Goldman Sachs names new global head of private banking, lending, deposits

Nishi Somaiya joined the Wall Street giant in 2001, was named managing director in 2011, and partner in 2016

Goldman Sachs says 2,400 women entrepreneurs funded under its programme

Goldman Sachs, which has funded the business and management education of 2,400 women in India, has claimed these beneficiaries have helped create around 12,000 new jobs as well as add Rs 2,800 crore in revenues to the country's economy in the past 18 months. The investment banking major first launched the graduation programme in the country in 2008. It relaunched the same 18 months ago when it claims to have funded the business and management education of 10,000 women under its 'Womeninitiative'. The numbers, it said, are based on a study carried out by the Indian School of Business (ISB) among 2,400 women entrepreneurs who participated in Goldman Sachs women initiative. The study found that these 10,000 women have doubled their existing workforce, quadrupled their revenue, and increased their productivity by five times on an average, within 18 months of graduating from the programme and most of them expect to increase hiring and grow revenue. Sonjoy Chatterjee, chairman and chief

2,400 women funded under prog added Rs 2,800 cr to economy: Goldman Sachs

Goldman Sachs, which has funded the business and management education of 10,000 women in India, has claimed these beneficiaries have helped create around 12,000 new jobs as well as add Rs 2,800 crore in revenues to the country's economy in the past 18 months. The investment banking major first launched the graduation programme in the country in 2008. It relaunched the same 18 months ago when it claims to have funded the business and management education of 10,000 women under its 'Womeninitiative'. The numbers, it said, are based on a study carried out by the Indian School of Business (ISB) among 2,400 of these 10,000 women entrepreneurs who participated in Goldman Sachs women initiative. The study found that these 10,000 women have doubled their existing workforce, quadrupled their revenue, and increased their productivity by five times on an average, within 18 months of graduating from the programme and most of them expect to increase hiring and grow revenue. Sonjoy Chatterjee, ..

Crude oil can hit $100 a barrel if production cuts continue: Analysts

Others, too, believe that $100 a barrel could become a reality

India not prepared for full force of artificial intelligence adoption

Only 11% of jobs in India can be automated against global average of 18%, says Goldman Sachs' assessment of 30 countries

AI may automate up to 300 million jobs around the world: Goldman Sachs

In a report published on March 26, GS economists predicted that 18 per cent of work globally could be computerised

First Citizens considering to make an offer to buy collapsed SVB: Report

As Wall Street giants move to end the spiralling banking crisis in the US, First Citizens BancShares Inc is reportedly considering making an offer to acquire the collapsed Silicon Valley Bank

SVB says Goldman Sachs was the buyer of portfolio it booked losses on

The loss on the portfolio was the reason SVB, a technology-focused lender known as Silicon Valley Bank, attempted a $2.25 billion stock sale last week using Goldman Sachs as an adviser

Goldman exits ReNew, CPPIB becomes new majority owner in the company

Goldman's exit is in compliance with US state securities regulations, which restrict the ownership of ownership beyond 10 years in a company

Top headlines: Subway's sale draws Goldman, US-India navies hold 6th meet

Business Standard brings you the top headlines at this hour

Subway's potential $10 billion sale draws Goldman, Bain, says report

Goldman Sachs Asset Management and Bain, along with private equity firms TDR Capital and TPG, have tabled indicative offers for Subway, the news outlet reported

Goldman Sachs, BofA expect three more US Fed rate hikes this year

Both banks forecast Fed fund rates at 5.25%-5.5% range

Goldman growth fund increases bets on India as China interest cools

The New York-based bank is targeting to invest a quarter of its newly-raised $5.2 billion growth fund in the region, people familiar with the matter said