Goldman, Morgan lose top Qatar bankers to local firmsMorgan Stanley and Goldman Sachs Group have lost their two top Qatar executives to local firms, three sources said on Monday, as the gas-rich Gulf state lures back high-profile citizens with better pay and prospects. The recruitme More… |
Goldman names hedge fund co-headGoldman Sachs Group said it has named Pete Lyon as co-head of its business that caters to private equity and hedge fund clients in the Americas. Lyon, who first joined the bank as an analyst in 1990, will lead Goldman's financial sponsors More… |
Fitch cuts Goldman, Deutsche, 5 other big banksFitch Ratings has downgraded Goldman Sachs, Deutsche Bank and five other large banks based in Europe and the United States, citing 'increased challenges' in the financial markets. Fitch, the third-biggest of the major credit rating More… |
Ex-Goldman director Gupta arrestedRajat Gupta, a former Goldman Sachs Group director and former global head of McKinsey & Co, was arrested on Wednesday on criminal charges related to his hedge fund manager friend Raj Rajaratnam, the central figure in a US crackdown on insider More… |
Goldman cuts ADCB, DIB to 'sell'Banks in the United Arab Emirates will continue to shore up liquidity and de-leverage, Goldman Sachs said as it downgraded three banks in the region following strong share price performance. Goldman downgraded Abu Dhabi Commercial Bank to More… |
Oil jumps $2 after Goldman Sachs forecastOil rose more than $2 per barrel on Tuesday, taking Brent crude futures to almost $113, after Goldman Sachs increased its forecasts for the North Sea benchmark, citing strong fuel demand growth. The US investment bank ra More… |
ADCB hires Goldman to sell $1.4bn RHB stakeAbu Dhabi Commercial Bank (ADCB) has hired Goldman Sachs to sell its 25 per cent stake in Malaysian bank RHB Capital valued at $1.4 billion, two sources with direct knowledge of the matter told Reuters on Saturday. ADCB had shortlisted thr More… |
Goldman 'values Facebook at $50 billion'Facebook has raised $500 million from Goldman Sachs and Russian Internet investment group Digital Sky Technologies in a deal valuing the social networking site at $50 billion, the New York Times reported. Goldman has invested $ More… |
Oil to rise later this year: GoldmanOil should strengthen and the market structure return to backwardation later this year provided inventories shrink as expected, the global head of commodities research at Goldman Sachs said. Oil fell to a low of $67.90 on Wednesday, More… |
Goldman Sachs posts robust Q3 earningsGoldman Sachs Group posted better-than-expected quarterly earnings, fueled by outsized bond trading profits. The New York-based firm reported net income for common shareholders of $3.03 billion, or $5.25 a share. That compares with $845 mi More… |








