Search Results for: Goldman Sachs
Supreme Court rejects appeal by ex-Goldman Sachs director
January 13th, 2015
US Supreme Court decision on ex-Goldman Sachs director The US Supreme Court on Monday rejected an appeal by Rajat Gupta, the former Goldman Sachs director convicted of insider trading. This rejection leaves in place a lifetime ban on serving ...
Oil prices extend falls; Goldman Sachs slashes price forecasts
January 12th, 2015
Global oil prices extended their slide on Monday as Goldman Sachs lowered its short-term price outlook, while refineries in Ohio and Pennsylvania were hit by fires over the weekend, curtailing demand for crude in the U.S. Both Brent and U.S. crude are ...
Goldman Sachs sparks outrage by paying staff highest UK bonuses
January 2nd, 2015
Goldman Sachs has paid the highest bonuses to senior staff among banks operating in the UK, sparking outrage and leading to calls the firm must return to “planet earth”. Overall, the US investment bank paid 121 London bosses and ...
Banker in Middle of Fight Between Goldman Sachs and Libya
October 30th, 2014
The emergence of Jaber George Jabbour in a battle between Libya’s sovereign wealth fund and Goldman Sachs reveals the complex relationship between banks and public sector entities. As an analyst at Goldman Sachs, Jaber George Jabbour learned the intricacies ...
Libya’s Sovereign Fund and Goldman Sachs Clash in Court
October 7th, 2014
A witness in a lawsuit against Goldman Sachs brought by the Libyan Investment Authority says she was stunned by a lack of due diligence in $1.2 billion in trades designed by Goldman. When Catherine McDougall, a lawyer from Allen ...
SEC probing Goldman Sachs internship
September 19th, 2014
U.S. regulators are investigating a Goldman Sachs Group Inc (GS.N) internship for the brother of a former official at Libya’s sovereign wealth fund and perks allegedly offered by the bank to the fund, the Wall Street Journal reported on ...
Goldman Sachs revises price guidance on debut sukuk
September 16th, 2014
Goldman Sachs (GS.N) will complete a $500 million debut sukuk issue later on Tuesday, with price guidance tightened slightly from earlier indications due to strong demand from investors, a document from lead managers showed on Tuesday. The latest price ...
UBS and Goldman Sachs left red-faced by AngloGold Ashanti $2.1bn float flop
September 16th, 2014
Proposals for a new London-listed mining spin-off worth £3bn hit the dust yesterday, as shareholders at one of the world’s top gold miners revolted over a $2.1bn (£1.3bn) rights issue key to the massive restructuring. South Africa-based AngloGold Ashanti ...
Goldman Sachs wins role stabilizing early trade in Alibaba IPO
September 4th, 2014
Goldman Sachs Group Inc (GS.N) will be the bank in charge of overseeing early share trading in China’s Alibaba Group Holding Ltd’s (IPO-BABA.N) initial public offering, according to a source. Other banks working on the e-commerce company’s IPO were ...
Goldman Sachs faces BES losses
September 2nd, 2014
Goldman Sachs lent over £500m to Banco Espirito Santo (BES) just a month before the Portuguese government was forced to bail out the crisis-hit bank. The Wall Street bank bought up $835m (£503m) worth of the Portuguese lender’s bonds ...
