Page 27 - Goldman Sachs

Coronavirus fear: Morgan Stanley, Goldman declare global recession underway

The outlook could darken even further if the virus lasts longer than anticipated, or wields greater economic pain -- given factories, schools, restaurants and shops are closing around the world

Goldman sees China GDP contracting by 9% in Q1 rather than growing by 2.5%

Goldman said it did not expect GDP to return to the pre-virus trend until the third quarter.

Goldman Sachs downgrades US growth forecast for Q1, Q2 due to coronavirus

In a note sent on Sunday, the US bank said it now sees real gross domestic product growth of 0% in the first three months of the year, from its original estimate of 0.7% expansion

A new bull-market will be born later this year: Goldman Sachs

A stock or index is said to be in a bear phase if the benchmark extends its decline to 20 per cent.

Goldman Sachs is 'very open' to acquisitions that accelerate growth: CFO

CFO Scherr also touched on the coronavirus and its impact on the bank's day-to-day operations and markets

Goldman Sachs sees more stock market losses before strong recovery

Global equities will likely post a drop of between 20% and 25% from their peak before rebounding, the strategists said

Goldman Sachs cuts Brent forecasts to $30 on price war, Coronavirus impact

Oil fell by the most since 1991 on Monday after Saudi Arabia started a price war with Russia

HDFC Bank in talks with Goldman Sachs Group's Harit Talwar for CEO role

The Mumbai-based lender has a market capitalisation of about $86 billion, giving it a bigger standing than major US banks like Goldman and Morgan Stanley

Fed makes unscheduled statement, Goldman Sachs expects aggressive rate cut

Goldman said it expects a total of 100 basis points of cuts in the near term from the Bank of Canada, which meets this week

Coronavirus outbreak: Goldman Sachs Group sees gold hitting $1,800

The bank raised its 12-month projection by $200, and said "in the event that the virus effect spreads to Q2, we could see gold top $1800/oz already on a 3-month basis."

Goldman Sachs asks some to skip bank's conference over Coronavirus concerns

The "precautionary measures" follow similar moves taken by Morgan Stanley earlier this week, as global businesses seek to help prevent further spread of the deadly coronavirus

From Bloomberg to Blankfein, rich men are learning to tweet like Trump

Bloomberg is, among other things, competing with Trump on his own terms on social media - and has spent no shortage of money in doing so

Education business firm Galileo Global up for sale with $2.7 bn price tag

The schools run by Galileo include the Paris School of Business (PSB), Macromedia University in Germany and Italian fashion school Istituto Marangoni

US Federal Reserve permanently bars Goldman banker over 1MDB scandal

The Justice Department has said more than $4.5 billion was stolen from 1MDB by high-level officials at the fund and their associates between 2009 and 2015

From Morgan Stanley to Motilal Oswal, brokerages disappointed with Budget

Despite a slowing economy, the budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.

Goldman in talks with Amazon to offer small business loans in US: Report

Goldman and Apple Inc in March rolled out a virtual credit card to help build out the Wall Street bank's consumer business, which also consists of its online bank Marcus

Facebook, HSBC and other firms curb staff travel to China as virus spreads

The United States warned on Monday that Americans should "reconsider" visiting all of China, while South Korea elevated its travel warning on Tuesday, advising its citizens to stay away

Goldman to refuse listings if all directors are white, straight men

The mandate is the latest in a series of signals that non-diverse boards and management are unacceptable

Goldman Sachs readies hiring spree, capital to resume China ambitions

Goldman Sachs Group has spoken publicly only in broad strokes about its strategy for China as the gates come down this year.

Wall Street's bonus culture gets reshaped by machines and robots

. Coders have been handed licenses to trade equities at JPMorgan Chase & Co. while they're the focus of the biggest hiring spree in years for Goldman Sachs Group Inc.'s trading division