Sunday, May 27, 2012 5:11 PM EDT
The Goldman Sachs Group, Inc. is a bank holding company, that engages in investment banking, securities services, investment management and other financial services primarily with institutional clients. Goldman Sachs was founded in 1869, and is headquartered at 85 Broad Street, in the Lower Manhattan area of New York City. The firm has offices in all major international financial centers, and provides mergers and acquisitions advice, underwriting services, asset management, and securities services to its clients, which include corporations, governments and high net worth individuals around the world. The firm also engages in proprietary trading and private equity deals. It is a primary dealer in the United States Treasury security market. Read More
By IBTimes
Facebook (Nasdaq: FB), the No. 1 social network, didn’t just set records for enriching inside investors like CEO Mark Zuckerberg, COO Sheryl Sandberg, Accel Partners and Digital Sky Technologies. Underwriters fared very well. (May 24)
MORE TOPICS: BANK OF AMERICA, BARCLAYS, JPMORGAN CHASE, MORGAN STANLEY, NYSE, MARK ZUCKERBERG
By IBTimes
Shares of Facebook (Nasdaq: FB), the No. 1 social network, are up six cents to $32.06 in late morning trading on Thursday. (May 24)
MORE TOPICS: JPMORGAN CHASE, MORGAN STANLEY, NYSE, MARK ZUCKERBERG, FACEBOOK
By Reuters
Stock index futures pointed to a lower opening on Wall Street on Thursday, with futures for the S&P 500 and the Dow Jones down 0.4 percent, while Nasdaq 100 contracts had shed 0.5 percent at 0827 GMT. (May 24)
MORE TOPICS: DOW JONES, DUBAI, LLOYD BLANKFEIN, CALIFORNIA, MANUFACTURING, FACEBOOK
By Reuters
U.S. media executive Harry Sloan has approached private equity firm CVC Capital Partners <CVC.UL> to buy a controlling stake in its asset, Australia's debt-ridden Nine Entertainment, a source with direct knowledge of the matter said. (May 24)
MORE TOPICS: MERRILL LYNCH, AUSTRALIA, HOLLYWOOD, CREDIT SUISSE
By Reuters
The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies.". (May 23)
MORE TOPICS: SEC, BANK OF AMERICA, BARCLAYS, JPMORGAN CHASE, MORGAN STANLEY, NYSE
By IBTimes AU
U.S. stocks reversed steep losses to finish the day roughly flat, though European stocks and the euro tumbled to 2012 lows amid growing chatter about a potential Greek exit from the euro zone (May 23)
MORE TOPICS: AUSTRALIA, FTSE, HANG SENG INDEX, JAPAN, GOLD, COPPER, CHINA, GOLD, DOW JONES, MICROSOFT, BNP PARIBAS
By Reuters
A New York jury on Wednesday heard former Goldman director Rajat Gupta on a FBI wiretap casually discussing business with Raj Rajaratnam, the now-imprisoned hedge fund founder he is accused of tipping off about boardroom secrets. (May 23)
MORE TOPICS: RAJ RAJARATNAM, APPLE INC., LLOYD BLANKFEIN, COURT, NEW YORK, INTEL
By Reuters UK
Spain announced a 9-billion-euro (7.22 billion pounds) bailout for troubled lender Bankia on Wednesday, while also seeking ways to help its highly indebted regions meet huge refinancing needs that threaten to drag the country deeper into the euro zone crisis. (May 23)
MORE TOPICS: UNEMPLOYMENT, EUROPEAN UNION, MANAGEMENT, MORTGAGE
By Reuters UK
Goldman Sachs Group Inc <GS.N> plans to channel investments totalling $40 billion (25.49 billion pounds) over the next decade into renewable energy projects, an area the investment bank called one of the biggest profit opportunities since its e... (May 23)
MORE TOPICS: CHINA, MANUFACTURING, RUSSIA, INDIA, THE NEW YORK TIMES, NEW YORK
By Reuters
Spain said on Wednesday its rescue of problem lender Bankia would cost at least 9 billion euros ($11 billion), as the government tries to clean up a banking system that threatens to drag the country deeper into the euro zone crisis. (May 23)
MORE TOPICS: UNEMPLOYMENT, EUROPEAN UNION, MANAGEMENT, INTERNATIONAL MONETARY FUND, MORTGAGE
