INVESTMENT

IBTimes Logo

UK joins Goldman fraud probe as heat builds

Britain launched a probe into alleged fraud by Goldman Sachs four days after the United States shocked markets by accusing Wall Street's most powerful investment bank of duping clients.

Strong Goldman Sachs earnings overshadow UK probe

IBTimes Logo
Goldman Sachs Group Inc reported stunningly strong quarterly earnings on Tuesday, overshadowing British financial regulators' move to follow their U.S. counterparts in pursuing civil fraud allegations against the dominant Wall Street bank.
IBTimes Logo

Goldman Sachs' strong earnings overshadow UK probe

Goldman Sachs Group Inc reported stunningly strong quarterly earnings on Tuesday, overshadowing British financial regulators' move to follow their U.S. counterparts in pursuing civil fraud allegations against the dominant Wall Street bank.
More news
IBTimes Logo

Big brokerages lose market share: study

The four biggest brokerage companies dominate the U.S. wealth management space, but independent and regional firms are catching up as they gained clients and assets after the 2008 downturn.
IBTimes Logo

Goldman faces pressure, reform momentum grows

Goldman Sachs Group Inc faced rising regulatory and legal pressure on Monday as allegations that the bank duped clients fueled momentum for regulatory reform on both sides of the Atlantic.
IBTimes Logo

Citigroup profit $4.4 billion, tops Street view

Citigroup Inc posted a $4.43 billion first-quarter profit, its best result in more than two years, as the global economic recovery lifted the values of its worst assets and allowed the bank to set aside less money to cover credit losses.
IBTimes Logo

ALGO claims trading software nears speed of light

New software by start-up company ALGO Technologies offers to cut trade execution time to levels close to the speed of light, giving exchange clients an edge in the high-frequency trading arms race.
IBTimes Logo

In Asia, Goldman clients stay loyal for now

For now, clients of Goldman Sachs are standing behind the bank after the top U.S. securities regulator slapped charges against the Wall Street powerhouse over its marketing of a subprime mortgage product.
IBTimes Logo

Goldman fraud case rattles investors

Worries about the impact of fraud charges against Goldman Sachs rattled stock markets on Monday, sending investors in search of less speculative currencies and boosted government bonds.
IBTimes Logo

Asian stocks, commodities slip as profit takers pile in

Asian stocks suffered their biggest loss in 10 weeks on Monday after U.S. regulators filed fraud charges against Goldman Sachs and China clamped down harder on property speculation, giving investors an excuse to take profits after markets had rallied to multi-month highs.
IBTimes Logo

Stocks, commodities slip as profit taking sets in

Asian stocks and commodities fell on Monday as fraud charges against Goldman Sachs, disappointing company earnings and a surprise drop in U.S. consumer sentiment gave investors an excuse to take profits from a recent rally to multi-month highs.
IBTimes Logo

Goldman, earnings may hamper stocks

U.S. stocks will likely hit major speed bumps this week as the bears step up pressure following fraud charges against Goldman Sachs and earnings will need to clear a high bar to give Wall Street a reprieve.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.