While it may be a case of famous last words, the bank's experts in fact say the U.S. economy is less prone to recession than it has been in the past.
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.
An apology from Goldman Sachs doesn’t cut it for Malaysia, which said it may consider a discussion to absolve the bank of blame for its role in the 1MDB scandal for $7.5 billion.
Goldman Sachs turned in a better-than-expected profit during David Solomon’s first quarter at the helm, helped by dealmakers in the division the new chief executive once oversaw.
The chief executive of Goldman Sachs has apologised to the people of Malaysia over the role of a former employee of the bank in the 1MDB scandal.
Goldman Sachs shares surge after fourth-quarter profit tops expectations|| 105679716
Malaysian Finance Minister Lim Guan Eng said Monday that the $7.5 billion his country is seeking from American investment bank Goldman Sachs over the 1Malaysia Development Berhad scandal is an "extremely reasonable" amount.
Goldman Sachs has found the safe haven gold more attractive after a volatile December.
He took on the sheriff of Wall Street, Eliot Spitzer. He jousted with an angry Congress. He contained scandals that, at times, reached into the bank’s innermost sanctums.
A Malaysian court on Monday declined to grant bail to former Goldman Sachs banker Roger Ng, pending his extradition to the United States where he faces charges related to suspected money laundering of funds siphoned off from state fund 1MDB.
Gary Cohn may have quit Wall Street and the White House for Silicon Valley, but it seems his fashion sense remains unchanged.
The push for openness by Goldman's next CEO embodies a shift that is occurring throughout the Wall Street firm as it plans an aggressive push into new markets.
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.
Ever wondered what goes down ?
Goldman's Tami Rosen, Managing Director and Senior Sponsor of the Returnship Program and Vice President Galit Pearlman respond to questions about the Returnship initiative.
Fees for global investment banking services, from M&A advisory to capital markets underwriting, totalled $57.7bn for the first nine months of 2010, a 9% increase over last year at this time.
Bank of America’s Henry Mulholland, head of equities for the Americas and a 25-year veteran of Merrill Lynch, is leaving the firm.
Two Goldman Sachs mortgage traders have left the company this month, according to a person with knowledge of the departures.
Vivian Lau, who once co-headed a multi-billion dollar internal hedge fund at Goldman Sachs, has attracted backing for her own firm even as many fledgling managers struggle to raise money.
As the biggest earthquake ever recorded in Japan rocked the Roppongi Hills skyscraper in central Tokyo, Makoto Yamada put on his helmet, dropped to his knees, and traded.
Here's the Goldman Sachs' 10 business development commandments, compiled by former firm co-head John Whitehead in 1970.
Credit Suisse’s three-year turnaround ended with more of a whimper than a bang after trading losses eroded gains in wealth management and investment banking.
Feb 14 (Reuters) - Roger Ng, a former Goldman Sachs Group Inc banker accused of playing a role in defrauding sovereign wealth fund 1Malaysia Development Berhad (1MDB), will return to the United States to face criminal charges against him, his lawyer said on Thursday.
Credit Suisse has told some employees they may not get their bonuses after the bank lost money on a commodity financing deal last quarter, according to people familiar with the matter.