Search Results for: Goldman Sachs Group
Goldman, JPMorgan Seen as Fintech Winners While AmEx Suffers
December 29th, 2015
Autonomous Research survey finds most unafraid of disruption American Express, Western Union seen as biggest losers Goldman Sachs Group Inc. and JPMorgan Chase & Co. will probably benefit most from the coming wave of financial technology disruption, rather ...
A Fateful Mistake Haunts Goldman Sachs
December 8th, 2015
Bank faces fresh allegations of share-count error tied to Tibco takeover Goldman Sachs Group Inc. is entangled in an increasingly contentious fight over a 2014 takeover on which it advised, underscoring the treacherous legal environment for mergers-and-acquisitions bankers. Goldman faces fresh allegations ...
Global Crisis: Goldman Sachs Says That Brazil Has Plunged Into ‘An Outright Depression’
December 2nd, 2015
One of the most important banks in the western world says that the 7th largest economy on the entire planet has entered a full-blown economic depression. Brazil’s economy has now contracted for three quarters in a row, and many ...
Former Goldman Employee Charged With Insider Trading Before Mergers
November 26th, 2015
The Securities and Exchange Commission announced insider trading charges against a former Goldman Sachs employee accused of stealing nonpublic information in the firm’s e-mail system so he could trade illegally in advance of client mergers and make more than ...
Goldman’s BRIC Era Ends as Fund Folds After Years of Losses
November 9th, 2015
BRIC fund loses 21% in five years, leading to investor exodus Acronym-based investment strategy comes under greater scrutiny The BRIC era is coming to an end at Goldman Sachs Group Inc. The bank’s asset-management unit folded its money-losing BRIC ...
NYDFS Announces Goldman Sachs to Pay $50 Million
October 30th, 2015
NYDFS Announces Goldman Sachs to Pay $50 Million; Accept Three-Year Regulatory Consulting Abstention; Admit Failure to Supervise For Banking Law Violations Goldman Sachs Employee Schemed to Steal Confidential Regulatory Information, and Improperly Shared that Information with Other Goldman Employees ...
London Stock Exchange Group Launches New Derivatives Venture – Curveglobal
October 16th, 2015
New venture launched with a number of major dealer banks and the Chicago Board Options Exchange Short Term and Long Term Interest Rate Futures to be offered in first phase Products to be traded on London Stock Exchange Derivatives ...
Goldman Sachs under FBI, U.S. DOJ scrutiny over 1MDB probe
October 14th, 2015
The Federal Bureau of Investigation and the U.S. Department of Justice are examining Goldman Sachs Group Inc’s role in allegations of corruption and money laundering at Malaysian state investor 1Malaysia Development Bhd (1MDB), the Wall Street Journal reported on ...
Goldman, Morgan Stanley win back hedge fund trading business
October 7th, 2015
Goldman Sachs and Morgan Stanley are winning back the trading business of hedge fund clients that they lost to European rivals during the financial crisis, as new capital rules spur banks like Deutsche Bank to scale down their businesses. ...
Blockchain expert Tim Swanson talks about R3 partnership of Goldman Sachs, JP Morgan, UBS, Barclays et al
September 16th, 2015
Nine of the world’s biggest banks from both sides of the Atlantic and Asia Pacific have agreed to join a partnership to divine a set of common standards and practices towards constructing a shared digital ledger system for financial ...
