Page 9 - Goldman Sachs

Goldman Sachs ups stock buyback forecast for companies in S&P 500 index

The Wall Street brokerage had earlier expected a 4% annual rise in companies buying back their own shares, against a 14% fall last year

Banks led by Morgan Stanley discuss refinancing $12.5 bn debt with Musk

Fidelity, which received a stake in X after helping Musk complete his $44 billion purchase, has marked down the value of its position by 72% since the takeover

Firm will raise ninth private equity fund: Goldman Sachs CEO Solomon

"We'll launch what we call Capital Partners IX... our next private equity fund, which will be a significant fundraising," Solomon told investors at a conference in Miami

Paytm up 5%: Here's why foreign brokerages remain bullish on the stock

Analysts at Goldman Sachs, Bernstein and Morgan Stanley believe that Paytm can rally up to 75 per cent in a bull case scenario

Goldman Sachs downgrades ratings on shares of SBI, ICICI, YES Bank

Key challenges include mounting pressure on the cost of funds, driven by structural funding issues, and escalating concerns regarding rising consumer leverage

Goldman Sachs downgrades SBI, ICICI Bank, says 'Goldilocks period' ending

The brokerage has downgraded SBI and ICICI Bank to 'Neutral' from 'Buy'; and downgraded YES Bank to 'Sell' from 'Neutral'

Conscious call not to accept high cost deposits, says HDFC Bank CEO

HDFC Bank shares came under pressure after the Oct-Dec earnings numbers due to slower than expected growth in deposits and compression in net interest margin

Goldman Sachs pushes BoE interest rate-cut forecast to June from May

Despite data showing signs of cooling in inflation, the central bank remains cautious in its approach due to persistent wage increases and a tight labor market

Goldman raises global equities to 'overweight' on economic growth prospects

"We expect growth to become a more important driver of risk appetite and equity/bond correlations should be more negative this year," Goldman said in a note dated Feb 16

India's economic growth may exceed 6% for rest of the decade: Goldman Sachs

India's demographics, strong government-led spending and healthy domestic demand makes it a "favorable destination for investments going forward," he said

Morgan Stanley planning to eliminate several hundred jobs in wealth unit

The bank's shares have been the worst-performing among its biggest US peers this year, down about 10%

Goldman, JP Morgan launch $5 billion loan for KKR's Cotiviti stake deal

The sale is broken up into a $4.4 billion floating rate term loan led by JPMorgan Chase & Co. and a $600 million fixed rate term loan led by Goldman Sachs Group Inc

India steel mills most at risk from EU carbon plan, says Goldman Sachs

Policymakers worldwide are seeking to reduce carbon emissions in their fight against climate change, with steel traditionally among the most polluting industries

Nvidia eyes fresh record as Goldman Sachs bullish on AI prospects

The stock rose 3.4% to $683.80 in premarket trading and looked set to add about $55 billion to the company's market capitalization. It was valued at $1.63 trillion as of Friday's close

Goldman, JPMorgan Weigh in as ESG funds suffer loss of over $5 bn

Against a backdrop of attacks by the Republican Party and lackluster returns, ESG funds in the US bled more than a net $5 billion in the final three months of 2023

Goldman Sachs senior exec Jim Esposito to retire after 3 decades at bank

In his work across fixed income, equities and investment banking, "Jim has also helped our businesses navigate extraordinary change in our industry

More global money will flock to India post general elections: Goldman

India's stock benchmarks, trading at record highs, just clocked their eighth straight year of gains as investors bet on the country's booming economic growth prospects

Fiscal deficit at 5.2-5.4% in interim Budget 2024-25: Goldman Sachs

While income taxes and corporate taxes are expected to grow at around 15 per cent in FY25, the government is likely to lower its target for disinvestment in the next fiscal year

After CLSA, Goldman eyes 'affluent India' play and identifies key themes

Identifies key themes like leisure, jewellery, out-of-home food, healthcare and premium brands as growth areas

Centre may peg FY25 fiscal deficit at 5.3% in interim budget: Goldman Sachs

Interim Budget 2024: The Centre will keep a focus on increasing the capital expenditure but it will most likely be at a slower pace than earlier, says Goldman Sachs