Page 19 - Goldman Sachs
'Risk-reward is less favourable': Goldman Sachs downgrades Indian equities
Indian stocks have rallied nearly 28% in 2021 on the back of ultra-easy monetary policy, rising vaccinations and the economic reopening, compared with a 0.76% drop in the MSCI Emerging Market index
 "'Risk-reward is less favourable': Goldman Sachs downgrades Indian equities")
Market wrap: Sensex, Nifty snap 3-day losing streak, rise over 1% each
Strong gains for IT shares and select index heavyweights like HDFC, Reliance Industries, Bajaj twins and Bharti Airtel
 "Market wrap: Sensex, Nifty snap 3-day losing streak, rise over 1% each")
Goldman backs Chinese stocks as Beijing seen easing on crackdown
Goldman expects a better year for Chinese equities, with onshore and offshore stocks to return 16% and 13% in the next 12 months, respectively
 "Goldman backs Chinese stocks as Beijing seen easing on crackdown")
Goldman Sachs readies $30 bn for doubling alternative investments in Asia
The firm plans to build a bigger presence in real estate in developing markets such as China, Korea and India
Warren Buffett, Goldman Sachs win from fintech gold rush in India
India's digital transactions are expected by PricewaterhouseCoopers to touch $3 trillion by March 2025 from more than $1.3 trillion now
 "Warren Buffett, Goldman Sachs win from fintech gold rush in India")
Goldman Sachs brings forward US rate hike projection by a year
In the wake of Friday's inflation data, fed fund futures fully priced in a quarter-point tightening by July 2022 and another rate increase by December
 "Goldman Sachs brings forward US rate hike projection by a year")
Wall Street ends higher as Goldman rounds out parade of strong bank results
The Dow Jones Industrial Average rose 384.83 points, or 1.10%, to 35,297.39
 "Wall Street ends higher as Goldman rounds out parade of strong bank results")
Goldman Sachs' profits jump 60% helped by deal-making frenzy
Much of the jump in profit came from Goldman's advisory and investment banking business, where the firm helps companies go public or buy other companies.
 "Goldman Sachs' profits jump 60% helped by deal-making frenzy")
Wall Street climbs on strong Goldman earnings, retail sales data
Airlines, cruise operators jump on easing of US travel curbs; retail sales up 0.7% in September despite shortages
 "Wall Street climbs on strong Goldman earnings, retail sales data")
Goldman Sachs traders deliver surprise surge in firm's best year ever
The Covid-19 pandemic has given a massive boost to banks' trading and dealmaking operations
 "Goldman Sachs traders deliver surprise surge in firm's best year ever")
Goldman Sachs Group cuts US growth forecasts for 2021 and 2022
Goldman's team, led by Jan Hatzius, said in a report on Sunday that they now expect growth of 5.6% on an annual basis in 2021 versus their previous estimate of 5.7%, and 4% next year, down from 4.4%
 "Goldman Sachs Group cuts US growth forecasts for 2021 and 2022")
Earnings of cement, FMCG, aviation cos at risk as oil, coal prices rise
In a recent report, analysts at Goldman Sachs suggested they see Brent crude oil prices at $90 per barrel by December 2021 on the back of a larger-than-expected demand-supply deficit
 "Earnings of cement, FMCG, aviation cos at risk as oil, coal prices rise")
China power cuts bite: Factory output shrinks after 18 months
Goldman slashes its Q3 growth forecast to 0%, from 1.3% earlier
 "China power cuts bite: Factory output shrinks after 18 months")
Goldman expects oil prices to hit $90 by year-end as supply tightens
Goldman Sachs raised its forecast for year-end Brent crude oil prices to $90 per barrel from $80
 "Goldman expects oil prices to hit $90 by year-end as supply tightens")
Structural bull-run in Indian stock market remains intact: Chris Wood
A ripple effect from the likely fallout of China's Evergrande and a possible change in stance by RBI are the two key risks for the market rally, says the global head of equity strategy at Jefferies
 "Structural bull-run in Indian stock market remains intact: Chris Wood")
New IPOs to help add $400 bn to m-cap in three years: Goldman Sachs
New initial public offerings (IPOs) will help add USD 400 billion to the overall market capitalisation over the next three years, an American brokerage said on Monday.
 "New IPOs to help add $400 bn to m-cap in three years: Goldman Sachs")
LIC IPO bankers quote base fee of Rs 1 crore: Check details here
10 investment banks to divide fee pool; opt to go out-of-pocket
 "LIC IPO bankers quote base fee of Rs 1 crore: Check details here")
Goldman's Petershill to list $5-bn alternative asset portfolio on LSE
Petershill will place minority stakes in 19 private equity, other alternative managers into a structure that will then list in an initial public offering, according to a document filed with LSE.
 "Goldman's Petershill to list $5-bn alternative asset portfolio on LSE")
Goldman Sachs buys Dutch money manager NN Investment Partners for $1.9 bn
The US lender will pay about 1.6 billion euros ($1.9 billion) for NN Investment Partners, according to a statement Thursday
Goldman Sachs to buy NN group's investment arm for $1.98 billion
NN Group said Goldman Sachs will buy NNIP, the Dutch insurer's investment arm, for $1.98 bn in the biggest acquisition by the American firm since David Solomon became chief executive in 2018
