Asian markets rise but trade limited by Tokyo glitch, holidays
Goldman Sachs hopes for bounce from first-ever investor day
Goldman Sachs Q4 profits hit by elevated legal costs
Goldman Sachs recently turned to its own employees for the next big start-up.
Jeff Bezos and girlfriend Lauren Sanchez spotted aboard Dreamworks founder David Geffen's yacht in Spain.
In September, Goldman Sachs had dismissed reports of starting trade of bitcoin derivatives, but new reports suggest the company has already taken on clients for its new business.
The global investment bank announced on Tuesday that the 54-year-old banker would step into the position in October.
"This is a policy we don't support."
Trump has reportedly asked Gary Cohn, Goldman Sachs president and COO, to lead his National Economic Council. As Trump's cabinet fills with Goldman-related people, the bank's shares are soaring.
A conservative group of CEOs of major U.S. corporations welcomed the president-elect’s nomination of Steven Mnuchin and Wilbur Ross to the Cabinet.
Analysts at Zacks Investment Research predicted that Goldman would not beat its estimates, due to “a challenging environment, low interest rates and global growth concerns.”
The investment bank prevents all partners from making donations to certain political campaigns.
The bank, like other Wall Street firms, has been focusing on cutting costs amid concerns about slowing growth.
“We have not made any changes to our real estate requirements in Frankfurt as a result of the referendum result,” Goldman said in a statement.
Cuts in the trading and sales division come as the investment bank led by CEO Lloyd Blankfein grapples with a changing banking landscape.
Parking your cash at the prestigious — and often criticized — investment bank might be a smart move. Here’s why.