Goldman Sachs

Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide. It has offices in every major financial center.

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People News: Deutsche Bank, Goldman

Deutsche Bank - External

Deutsche Bank has named Craig Bench and John O’Brien co-heads of equity distribution for the U.S. after former boss Derek Capanna departed for UBS, according to two people with knowledge of the moves.

Goldman agrees to pay $270m

Oliver Twist

Goldman Sachs has agreed to pay around $270m to settle a lawsuit by investors who claimed the bank misled them about the safety of billions of dollars worth of residential mortgage-backed securities, two people familiar with the case said.

22 banks accused of manipulating treasury auctions

Pointing The Finger

Twenty-two financial companies that have served as primary dealers of U.S. Treasury securities were sued in federal court on Thursday, in what was described as the first nationwide class action alleging a conspiracy to manipulate Treasury auctions that harmed both investors and borrowers.

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Goldman Sachs Blink

End of an era at Goldman

Goldman Sachs closed a nearly 35-year era of investments in commodity assets such as power plants and refineries with the sale of a Colombian coal mine.

Lehman Brothers - A Brief History

In 1844, 23-year-old Henry Lehman, the son of a cattle merchant, emigrated to the United States from the town of Rimpar, in the German state of Bavaria. He settled in Montgomery, Alabama, where he opened a dry goods store, 'H. Lehman'. In 1847, following the arrival of Emanuel Lehman, the Firm became 'H. Lehman and Bro'. With the arrival of their youngest brother, Mayer Lehman, in 1850, the Firm changed its name again and 'Lehman Brothers' was founded.

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Goldman Sachs Blink

Goldman: Don't freak out about a global recession

Carnage in financial and commodity markets may be painting a doomsday picture for the world economy, but the threat of a global recession is low, says Goldman Sachs, which advocates remaining overweight developed market equities over the next six to 12 months.

Pointing The Finger

Goldman to face Abacus lawsuit

Goldman Sachs will have to defend in court against an investment insurer’s claims that it lied about billionaire John Paulson’s position in a security known as Abacus.