'Goldman Sachs does virtually nothing to hire, promote or develop black talent'
The funds will further accelerate the nationwide expansion plans of FabHotels
Revenues at GSAM dropped nearly 7% in 2016 and profits fell close to 17%
Goldman has for decades boasted the leading commodity franchise among Wall Street banks
The shares were sold at Rs 616.47 apiece for a total of Rs 801.4 crore
A Goldman spokesman confirms the move saying that the reasons for the staff shift were not related to Brexit
To date, the CFTC has imposed penalties of over $5.2 billion stemming from these probes
The proposed settlement was disclosed in papers filed in federal court in Manhattan on Friday
The New York-based bank saw a 73 per cent slump in the volume of Asia Pacific ECM deals it worked on
Job cuts come in a climate of a slump in deal-making in the region
Many of Goldman's European rivals have announced plans to scale down their operations in Asia
Shares of Den Networks were trading at Rs 81.15, up 3.57% in the pre-close session on BSE
Goldman became a bank holding company at the height of the financial crisis in 2008, as did rival Morgan Stanley
Expects 7.9% GDP growth this year, lauds govt push on reforms, policies
Better monsoon, civil service wage hike, a favourable fiscal monetary policy mix, recent passage of key reforms and continued FDI inflows should all support growth
Goldman Sachs in October 2015 already paid a $50 million fine to New York state regulators in the case
For documents related to the bank's dealings with scandal-hit Malaysian state fund 1MDB
Brexit and China among top risks that could dent growth, it says
A series of production disruptions in Nigeria, Venezuela, Libya and Canada pushed oil to a 2016 high of $52.86 last week
The LIA is attempting to claw back $1.2 billion from nine trades it carried out with the US banking firm in 2008