Page 25 - Goldman Sachs

1MDB scandal: Goldman, Malaysia agree on $3.9-billion settlement

Bank to make $2.5-bn cash payment to Malaysia within 10 days, in exchange for having criminal charges dropped

China pushes First Capital merger in drive to take on Wall Street: Reports

China wants to level the playing field as it opens up its financial markets to foreign players including Goldman Sachs and Morgan Stanley

Goldman Sachs Group slashes quarterly profit 85% with 1MDB legal charge

The additional provision cut the firm's previously announced second-quarter profit by 85 per cent, the bank said Friday in a filing

Mathew McDermott in charge of Goldman Sachs' cryptocurrency dream

He comes in place of Justin Schmidt, a former cryptocurrency trader who was recurited by Goldman Sachs in 2019 when the nascent industry was booming with record prices

Goldman Sachs comes up with Tinder for mergers in a social-distanced world

After all, this weekend's flurry of deal activity shows that not even the coronavirus can stifle M&A demand for long

Morgan Stanley posts record profit on trading boom amid Covid-19 crisis

Trading powerhouses Morgan Stanley and Goldman Sachs performed better than Main Street rivals JPMorgan Chase, Bank of America and Citigroup

Goldman Sachs revenue from trading stocks and bonds surges 93%

Revenue from trading stocks and bonds surged 93 per cent, surpassing what analysts had expected

Wall Street jumps on Goldman's strong numbers, Covid-19 vaccine hopes

The Dow Jones Industrial Average rose 367.22 points, or 1.38 per cent

Raghuram Rajan warns against 'unprecedented' rise in NPA levels in 6 months

Rajan cautioned that one should not mistake pent up consumption for normal consumption.

Gold to benefit if China recovers strongly from second virus wave: Goldman

Goldman Sachs expects gold to benefit if China recovers much strongly from a second wave of Covid-19 cases than the United States, and reinforced its $2,000 an ounce target for bullion prices.

Goldman Sachs sees oil demand returning to pre-coronavirus levels by 2022

Demand is expected to fall by 8% this year, before rebounding 6% in 2021, the bank said

Goldman India CEO Chatterjee tells clients liquidity is the biggest theme

The Wall Street bank has arranged some of India's biggest equity offerings this year, according to data compiled by Bloomberg.

Bigbasket re-evaluates fundraising plan as demand and profit rise

The start-up in Jan had appointed Morgan Stanley and Goldman Sachs to assist it in raising $150 mn by July

Investors are spending fresh billions hedging market mania: Experts

Gold and longer-maturity bonds are getting outsized inflows. Protective equity options are outdrawing speculative contracts, while volatility markets are positioning for fresh disruptions.

What makes Morgan Stanley, Goldman Sachs, CLSA bullish on RIL

According to Morgan Stanley, multiple triggers - asset sales, pickup in energy cash flows, increased traction in omni-channel retail and rise in telecom ARPU- could further drive the stock

GDP: Growth vs levels

India's GDP is unlikely to recover to its 2019-20 level until the second half of 2021-22

'Too much, too fast' commodity rally unsustainable, says Goldman

The Wall Street bank sees downside risks in agricultural and energy markets, citing the recent strength as surprising given the massive inventory overhangs and depressed demand

''How it's going': Goldman Sachs exec's email on racism goes viral at firm

Frederick Baba wrote about managers not keeping the company's commitment to racial equality.

Intuition, not prediction

The Covid crisis makes "data driven" projections inaccurate, as the past provides zero guidance for the future.

Covid-19 impact: Nifty50 scorecard shows worst profit slump in 6 years

Profits at NSE Nifty 50 Index members fell about 15% last quarter from the same period last year, the worst drop since at least 2014, according to Bloomberg-compiled data.