GOLDMAN SACHS

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Fed's specter could steer GE Capital revamp

The possibility of the Federal Reserve gaining regulatory authority over General Electric Co's hefty finance arm could influence how the company restructures that business.

As Wall St ails, oil traders weigh return to roots

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For a growing number of oil traders, there's a new math at work in the traditional career calculus: why take the stress, long hours and uncertainty of a Wall Street job when the easy money is in physical trading?

Deutsche, Morgan tapped for AIA IPO role: sources

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Bailed out U.S. insurer American International Group has chosen Deutsche Bank and Morgan Stanley as joint global coordinators for the more than $4 billion IPO of its Asian life insurance unit, banking sources said on Thursday.
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AIG picks Deutsche, Morgan for joint AIA IPO role

Bailed out U.S. insurer American International Group has chosen Deutsche Bank and Morgan Stanley as its joint global coordinators for a more than $4 billion IPO of its Asian life insurance unit, sources said on Thursday.
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Morgan Stanley repays $10 bln TARP

Morgan Stanley on Wednesday repaid $10 billion in government bailout funds after the bank was given permission with nine others to return the money.
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BRIC to be world's largest economy in 20 years

The leaders of the world's biggest emerging powers, Brazil, Russia, India and China meet this week for their first formal summit, seeking ways to reshape the global financial system after the worst economic crisis in decades.
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Russia to urge caution on reserve FX at BRIC summit

Russia will advocate a cautious approach to changing the system of global reserve currencies when the world's biggest emerging economies hold their first formal summit on Tuesday, the Kremlin's top economic aide said.
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Wall St tumbles as commodities, Wal-Mart slide

U.S. stocks slid on Monday as retreating commodity prices drove a selloff in the shares of natural resource companies, while Goldman Sachs' downgrade of Wal-Mart Stores Inc pulled the discount retailer's stock down more than 2.6 percent.
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BRIC seeks global voice at first summit

The leaders of the world's biggest emerging markets -- Brazil, Russia, India and China -- meet in the coming week for their first formal summit, seeking a louder voice on the global stage.
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Treasury faces pressure on price of TARP exit

The U.S. Treasury Department is facing mounting pressure to ensure that taxpayers get a fair return on banks' warrants as the largest firms prepare to shake off government ownership stakes.
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Lawmakers blast Fed, Treasury for BofA threats

U.S. lawmakers accused the Treasury and Federal Reserve on Thursday of using threats and intimidation to force Bank of America to take over Merrill Lynch, a charge Bank of America Chief Executive Ken Lewis denied.
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KKR's Fidelity deal no sure cure for IPO ills

Kohlberg Kravis Roberts & Co's deal to sell IPO stocks through Fidelity Investments suggests it might be gearing up to take public some of the companies in its portfolio, despite a market that remains inhospitable to deals backed by private equity.
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Wall Street set for gains on commodities

Stocks headed for a higher open on Wednesday, as surging prices for oil and other commodities drove a global equities rally and Home Depot raised its outlook.
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Commodities, Home Depot to lift Wall Street

Stock futures pointed to a sharply higher open on Wednesday, as surging prices for oil and other commodities drove a global equities rally and Home Depot raised its outlook.
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U.S. clears 10 big banks to repay bailout funds

JPMorgan, Goldman Sachs and eight other top U.S. banks won clearance on Tuesday to repay $68 billion in taxpayer money given to them during the credit crisis, a step that may help them escape government curbs on executive pay.
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Wall Street seen higher on techs, energy

Stocks were set to open higher on Tuesday after Texas Instruments raised its quarterly outlook, underpinning other technology stocks, while rising oil prices boosted energy shares.
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Goldman, JPMorgan may get OK to repay TARP: reports

The U.S. Federal Reserve is expected to say Goldman Sachs Group Inc, JPMorgan Chase & Co and perhaps a few other banks will be allowed to repay money to the Troubled Asset Relief Program, The Wall Street Journal said on Monday, without saying where it got the information.

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