Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to persuade a U.S. appeals court to release them from a $65 million settlement over the founding of online social network Facebook.
Samantha Nolan
Jan 12, 2011
U.S. bank stocks rose as a broker upgrade and a successful bond sale by debt-ridden Portugal added to a mood of optimism.
IBT Staff Reporter
Jan 12, 2011
U.S. bank stocks rose as a broker upgrade and a successful bond sale by debt-ridden Portugal added to a mood of optimism.
IBT Staff Reporter
Jan 12, 2011
Goldman Sachs Group Inc likely has the most to lose among global investment banks from a new regulation that limits proprietary trading, analysts at J.P. Morgan Securities said, and downgraded the stock to neutral.
IBT Staff Reporter
Jan 12, 2011
Goldman Sachs finally revealed how much money it makes from proprietary trading.
Hao Li
Jan 11, 2011
Text of Goldman Sachs 8-K filing showing 2010 earnings under new disclosure standards
Hao Li
Jan 11, 2011
Goldman Sachs Group Inc took a step toward greater transparency by pledging to disclose more about how it makes money, seeking to rebut criticism that it has been putting its own interest ahead of clients.
IBT Staff Reporter
Jan 11, 2011
Goldman Sachs Group Inc , responding to pressure from shareholders, regulators and others, said it will disclose more information about how it makes money.
IBT Staff Reporter
Jan 11, 2011
Topics of this interview include Scott Carter highlighting the global dynamic of today's interest in gold, and how macro-economic trends continue to drive the decade long bull market of the precious metals. We also evaluate the possibility of seeing QE3 in 2011.
IBT Staff Reporter
Jan 11, 2011
Brazil's Finance Minister Guido Mantega has accused the United States of engaging in currency manipulation, and said his country would raise this issue at the World Trade Organization (WTO), adding that the U.S. and Chinese policies are fomenting a trade war.
Jijo Jacob
Jan 11, 2011
Goldman Sachs Group Inc plans to start disclosing more financial information to investors, including how much of its revenue comes from trading and investing its own money, a person familiar with the matter said.
IBT Staff Reporter
Jan 11, 2011
Goldman Sachs Group Inc plans to start disclosing more financial information to investors, including how much of its revenue comes from trading its own money, a person familiar with the matter said on Monday.
IBT Staff Reporter
Jan 10, 2011
A rumor -- discovered to be a hoax -- that Facebook would shut down in March briefly lit up the blogosphere. There are reasons why a moment's thought shows this is wrong.
IBT Staff Reporter
Jan 10, 2011
For all its dilution and exceptions, the Volcker Rule is no joke and has prompted the exodus of prop traders from big banks like Goldman Sachs.
Hao Li
Jan 10, 2011
Goldman Sachs' last large proprietary trading team is planning to leave the bank in order to start an independent hedge fund, the Financial Times reported on Sunday.
IBT Staff Reporter
Jan 09, 2011
With rumours that Mark Zuckerberg has announced closure of the site, thousands are scurrying for answers on internet. Google Trends, Twitter and Yahoo Answers has been set on fire with the questions 'Is Facebook shutting down?'.
IBT Staff Reporter
Jan 09, 2011
Stocks fell on Friday after a court ruling in a key foreclosure case prompted investors to pull out of bank stocks, adding to weakness after a lackluster jobs report.
IBT Staff Reporter
Jan 07, 2011
JPMorgan Chase and Morgan Stanley received approval from Chinese regulators to form joint ventures with domestic firms, which would allow them to participate in underwriting Chinese stock and bond offerings.
Hao Li
Jan 07, 2011
Politicians now prefer to appoint JPMorgan executives to highly-visible positions rather than risk public outrage by choosing their Goldman Sachs counterparts.
Hao Li
Jan 07, 2011
Stocks fell on Friday after a court ruling in a key foreclosure case prompted investors to pull out of bank stocks, adding to weakness after a lackluster jobs report.
IBT Staff Reporter
Jan 07, 2011
Facebook is generating profits at a faster-than-expected rate, and will likely attract so many investors this year that it will have to disclose financial data similar to a publicly traded company by April 2012, according to a document distributed by Goldman Sachs.
IBT Staff Reporter
Jan 07, 2011
Interest in Facebook shares is so strong that Goldman Sachs Group Inc plans to stop soliciting interest from potential investors on Thursday, the Wall Street Journal reported, citing people familiar with the situation.
IBT Staff Reporter
Jan 06, 2011