Goldman Sach

Goldman Sachs slashes S&P 500 target after recent market rout

While Goldman Sachs was the first to go ahead and cut its S&P 500 target, others like Citi had recently downgraded its rating for US equities to a 'neutral'.

US watchdog agency orders Goldman Sachs, Apple to pay $89 million over consumer failures

In partnership to finance Apple customers’ purchases through the Apple credit card, the two companies mishandled transaction disputes and misled iPhone purchasers about whether their purchases were in fact interest-free.

Goldman shells out $215 million to end case on underpaying women

The New York-based bank struck the deal with lawyers representing about 2,800 women, who claimed the firm discriminated against them in pay and promotions, a person with knowledge of the accord said, asking not to be named discussing the confidential talks. About a third of the settlement is expected to be set aside for attorney fees.

Investors want more of India, says Goldman Sach’s Santanu Sengupta

As investors chase markets with digital new economy assets, India has consistently attracted annual foreign direct investments of $50 billion to $55 billion, even in the pandemic, Sengupta said in an interview with Bloomberg Television’s Haslinda Amin and Rishaad Salamat.

$10 million pay-cut for Goldman Sachs CEO David Solomon over 1MDB scandal

Goldman Sachs pleaded guilty in October over its role in the scandal, and agreed to pay nearly $3 billion to close US investigations.

Big Story | Goldman Sachs raises India GDP forecast for FY21

Global brokerage house Goldman Sachs recently revised India’s FY21 GDP target to 10.3 percent contraction as against earlier forecast of 14.8 percent contraction. The brokerage also said it will be overweight on Indian equities, and cited the macro recovery and relatively higher sensitivity of Indian stocks to positive vaccine outcomes.