US prosecutors investigating managing director at Goldman Sachs as part of probe into company's hedge-fund clients.
JPMorgan Chase & Co said it may face federal enforcement actions stemming from two investigations into mortgage-backed securities that went bad in the financial crisis.
Federal authorities are investigating David Loeb, a managing director of Goldman Sachs Group Inc, as part of an insider trading probe focusing on technology stocks and the company's hedge fund clients, the Wall Street Journal reported on Wednesday, citing people close to the matter.
Private equity firm CVC Capital Partners announced on Wednesday the 1.8 billion euro ($2.4 billion) acquisition of technical products wholesaler Ahlsell from Cinven and Goldman Sachs Capital Partners, marking Europe's largest private equity deal in almost a year.
Goldman Sachs Group Inc., Wells Fargo & Co. and JPMorgan Chase & Co. have been warned by the Securities and Exchange Commission that they might face inquiries tied to mortgage-backed securities offered to investors several years ago.
The Securities and Exchange Commission notified Goldman Sachs Group Inc that it may file a civil case against the bank related to a $1.3 billion offering of subprime mortgage securities, Goldman said in a regulatory filing on Tuesday.
Wells Fargo & Co. and Goldman Sachs Group Inc. said Tuesday that they were facing inquiries from the Securities and Exchange Commission over civil claims connected to sales of mortgage-backed securities.
CVC Capital Partners is to buy Nordic construction products and machinery distributor Ahlsell from Cinven and Goldman Sachs Capital Partners for 1.8 billion euros ($2.4 billion), in Europe's biggest private equity deal since last summer.
U.S. stock index futures pointed to a firmer open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures rising 0.1-0.2 percent at 4:58 a.m. ET.
Goldman Sachs Group Inc plans to add 300 workers to its fast-growing office in Salt Lake City, Utah, by the end of the year, Chief Executive Lloyd Blankfein told employees at a town hall meeting there on Tuesday, according to a Goldman staffer who was present.
Market participants are seemingly expecting European banks to take up a massive amount of euro over the next 24 hours, as the European Central Bank offers them a second helping of ultra-low cost loans. The banks themselves, not so much.
CME Group Inc. has received two subpoenas from authorities investigating the collapse of futures broker MF Global, Holdings Ltd, the futures exchange operator said in a regulatory filing on Tuesday.
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.
In his most recent Viewpoint, Goldman Sachs Asset Management Chairman Jim O'Neill gave somewhat of an oil price forecast for 2012 and beyond.
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.
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.
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.
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.
