Internet giant Yahoo could throw a wrench into Facebook’s planned $5 billion IPO by demanding that the social-networking company enter into patent licensing agreements.
WikiLeaks released over 5 million emails hacked from U.S.-based global intelligence firm Strategy Forecasting, Inc. (Stratfor), revealing an alleged plan between the firm's CEO and a Goldman Sachs executive to set up an investment fund that would rely on inside information gathered by the company.
Bank of America had attempted to get an $8.5 billion settlement over bad Countrywide mortgage-backed securities approved in New York state court over the objection of some angry investors.
Hedge funds' love affair with technology industry darling Apple Inc has rewarded some managers so far this year but half the industry, having been less savvy with its bets, is limping behind with subpar returns, new research from Goldman Sachs shows.
Global anti-privacy organization Wikileaks announced Sunday night it would be releasing over five million emails hacked from the servers of a private intelligence newsletter publisher that's been called a shadow CIA by others.
Goldman Sachs Group has suspended coverage of 18 discount brokers, exchanges and small investment banks because the analyst who follows them has left the firm.
Citigroup Inc. (NYSE: C) raised $1.9 billion, a much-needed piece of capital, from the sale of its entire stake in Indian's giant mortgage lender Housing Development Finance Corp.
Housing, the weakest of the three legs of the stool supporting the U.S. economy, is finally firming up, or so it seems to investors, economists, real estate agents and buildings after a string of heartening reports so far this year.
Everyone agrees the days of cheap gasoline are over. The pain at the pump is forcing people to cut down gasoline usage, and there has been a big drop in gasoline demand in the country. At the same time, domestic production is booming, with the number of rigs just in U.S. oil fields more than quadrupling in the past three years.
Q&A with Cristina Alger, author of “The Darlings.”
At least one large financial institution has approached the Federal Reserve Bank of New York with an offer to buy out the remaining mortgage-backed toxic waste bonds it received from AIG as collateral for a $19.5 billion bailout in 2008, according to Bloomberg News, as banks are looking to profit from what many see as an incipient turnaround in the U.S. housing market.
Indian gold imports in 2012 could fall by a fifth for the first time in three years to 770 tonnes as investors chase better accruals from equity markets and other financial instruments, possibly ceding the position of top consumer to China.
While Wall Street slashes pay and freezes cash awards, Goldman Sachs Group's top five executives may reap special bonuses of $10.5 million apiece if the firm hits historically easy profit targets over the next two years.
A series of technology companies, including security software maker Palo Alto Networks, are preparing to go public on the heels of Facebook's $5-billion filing, sensing a window of opportunity as the stock market rallies.
Goldman Sachs said fundraising across alternative asset classes, particularly credit and real estate, remains robust in a low-rate, low-risk world, and sees more value in the stocks of asset managers that have a diverse mix.
Gold prices retreated from an earlier two-week high in Europe on Wednesday as persistent concerns over Europe's finances hurt the euro and weighed on stock markets, while a supply upset in major producer South Africa lifted platinum to a five-month high.
After clamoring for the number one spot when it came to endorsing Facebook’s initial public offering in the beginning of the month, Goldman Sachs lost to Morgan Stanley, and placed fourth among U.S. financial rivals. Although it wasn’t chosen as the social-networking giant’s main supporter, Goldman Sachs and Facebook may have more in common than some think. In the past week, both companies claimed victories in intellectual property lawsuits, according to BusinessWeek.
Online review site Yelp gearing up for its IPO next week, but once the company hits the New York Stock Exchange on March 2, should consumers line up to buy the company's stock?
Millions of iPhones have been sold to date, and yet, no outsider knows that how these devices are made. Not until now, but things are going to change - the secret is going to be revealed on Tuesday edition of NightLine, a show on ABC News.
The Darlings tells a fictional tale about the downfall of a hedge fund and the wealthy family that owns it during Wall Street's 2008 meltdown, but many aspects of the novel are drawn straight from author Cristina Alger's reality.
TransUnion Corp., the third largest provider of credit information to banks and consumers, said Advent International Corp. and Goldman Sachs Group Inc.'s private equity arm agreed to buy the company from Chicago's billionaire Pritzker family and local private equity firm Madison Dearborn Partners LLC for over $3 billion.
Prompted by a delay in a big trade of a popular exchange-traded fund, the U.S. Securities and Exchange Commission is taking a closer look at a possible connection between high-frequency traders and hedge funds jumping in and out of ETFs, among other areas, according to a person familiar with the matter.
