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  • Apple, Goldman Sachs to jointly launch credit card paired with iPhone: Report Feb 21, 2019 06:56 PM IST

    Apple, Goldman Sachs to jointly launch credit card paired with iPhone: Report

    The card, which will be linked with Apple's Wallet app, will allow users to set spending goals, track rewards, and manage balances, WSJ said.

  • SEC scrutiny of Tesla grows as Goldman hints at advisor role Aug 16, 2018 09:50 AM IST

    SEC scrutiny of Tesla grows as Goldman hints at advisor role

    The electric carmaker's shares fell as much as 4 percent but cut their losses after Goldman Sachs Group Inc said it was dropping equity coverage of Tesla because it is acting as a financial adviser on a matter related to the automaker.

  • Goldman Sachs to set up cryptocurrency trading desk: Report Dec 22, 2017 10:21 AM IST

    Goldman Sachs to set up cryptocurrency trading desk: Report

    The Wall Street bank aims to get the business running by the end of June, Bloomberg reported on Thursday.

  • AIG shops $2 billion death benefits portfolio: sources Aug 16, 2017 07:46 AM IST

    AIG shops $2 billion death benefits portfolio: sources

    AIG, the largest commercial insurer in the United States and Canada, is working with investment bankers at Goldman Sachs Group Inc to unload the assets, said the sources, who were not authorized to discuss the negotiations publicly.

  • Goldman says newly promoted COOs and CFO to get same base salary Dec 16, 2016 07:55 AM IST

    Goldman says newly promoted COOs and CFO to get same base salary

    The Wall Street bank's pay disclosures come days after the appointments, and as the race to succeed Chief Executive Lloyd Blankfein – who has been in his role for more than a decade – heats up.

  • Goldman seeks to force ex-employee in Fed leak case to arbitrate Aug 19, 2016 08:01 AM IST

    Goldman seeks to force ex-employee in Fed leak case to arbitrate

    The lawsuit was filed in New York state Supreme Court in Manhattan against Joseph Jiampietro, an ex-Goldman employee whom the Federal Reserve Board this month brought an enforcement case against.

  • Goldman Sachs India ECM head PV Krishna leaves firm: IFR Jun 29, 2016 02:29 PM IST

    Goldman Sachs India ECM head PV Krishna leaves firm: IFR

    Krishna, a Mumbai-based managing director at Goldman, had joined Morgan Stanley in 2011, IFR, a Thomson Reuters publication, said.

  • Goldman Sachs sees M&A business weathering market slump Jan 21, 2016 10:21 AM IST

    Goldman Sachs sees M&A business weathering market slump

    The Wall Street firm, which last year topped the global dealmaking charts, is not yet concerned about the impact declining oil prices and China's slowing economy will have on dealmaking.

  • Alibaba drop leaves stock pennies above IPO price Aug 22, 2015 01:39 PM IST

    Alibaba drop leaves stock pennies above IPO price

    It would also be a potential embarrassment to founder Jack Ma and the underwriters who engineered Alibaba's market debut last September.

  • Bradesco to acquire HSBC Brazil unit, biggest-ever buy Aug 04, 2015 09:39 AM IST

    Bradesco to acquire HSBC Brazil unit, biggest-ever buy

    The deal between Bradesco and Europe's largest bank includes the latter's Brazilian retail banking and insurance units.

  • Messaging platform Symphony seeks more funding: WSJ Jul 27, 2015 12:16 PM IST

    Messaging platform Symphony seeks more funding: WSJ

    Symphony Communication Services LLC, an instant messaging software company backed by Goldman Sachs Group Inc

  • Qualcomm slashes jobs and costs, says may split itself up Jul 23, 2015 09:42 AM IST

    Qualcomm slashes jobs and costs, says may split itself up

    The company said it would reduce costs by about USD 1.4 billion, cut about 4,500 full-time staff, or 15 percent of its workforce, and boost capital returns to shareholders.

  • Ex-Goldman chief fails to void insider trading conviction Jul 03, 2015 10:26 AM IST

    Ex-Goldman chief fails to void insider trading conviction

    US District Judge Jed Rakoff in Manhattan on Thursday rejected Gupta's argument that his tips to Galleon Group hedge fund founder Raj Rajaratnam were not illegal because his longtime friend gave him nothing valuable in return.

  • Dow, S&P 500 end down; bond trading bites bank profits Jan 17, 2014 07:37 AM IST

    Dow, S&P 500 end down; bond trading bites bank profits

    Financials were the biggest drag on the market after both Goldman Sachs Group Inc and Citigroup Inc reported that lower bond trading revenue took a bite out of their quarterly profits. Goldman's earnings fell 21 percent. Citigroup's profit missed expectations.

  • Goldman Sachs finally ends litigation over 1999 eToys IPO Sep 20, 2013 11:40 AM IST

    Goldman Sachs finally ends litigation over 1999 eToys IPO

    The online toy seller's IPO in 1999 became a poster child for the excesses of the dot-com bubble. The stock quadrupled when it began trading, but two years later the company was in bankruptcy.

  • Goldman Sachs profit doubles on investment gains Jul 17, 2013 10:31 AM IST

    Goldman Sachs profit doubles on investment gains

    Goldman's investing and lending segment, which tracks its investments in private equity deals, publicly traded stocks, loans and bonds, produced nearly seven times as much revenue in the second quarter as in the same period last year, much more than analysts expected.

  • Den Networks hits year-high on Goldman Sachs arm investment May 07, 2013 02:05 PM IST

    Den Networks hits year-high on Goldman Sachs arm investment

    Shares of Den Networks gain 0.7 percent to trade near their 52-week high of 238.90 rupees after a private equity fund unit of Goldman Sachs Group Inc agreed to invest $110 million in the cable distribution network company.

  • Goldman to begin fresh round of job cuts - sources Feb 26, 2013 09:00 AM IST

    Goldman to begin fresh round of job cuts - sources

    Goldman Sachs Group Inc plans to begin a fresh round of job cuts as early as this week, sources familiar with the matter said on Monday, with its equities-trading business bracing for bigger cuts than fixed-income trading.

  • Goldman cleared of all charges in doomed Dragon sale Jan 24, 2013 08:14 AM IST

    Goldman cleared of all charges in doomed Dragon sale

    A federal jury on Wednesday gave Goldman Sachs Group Inc a sweeping legal victory in the USD 580 million sale of Dragon Systems Inc to Lernout & Hauspie, saying the Wall Street bank was not negligent in arranging a deal that ultimately collapsed 13 years ago.

  • Ex-Goldman director Rajat Gupta seeks conviction reversal Jan 23, 2013 08:20 AM IST

    Ex-Goldman director Rajat Gupta seeks conviction reversal

    Lawyers for former Goldman Sachs Group Inc board member Rajat Gupta are urging a federal appeals court to reverse his insider trading conviction, arguing that a judge shouldn't have allowed wiretaps to be heard at trial.

  • Pay cuts may signal 'new normal' on Wall Street Jan 18, 2013 07:27 AM IST

    Pay cuts may signal 'new normal' on Wall Street

    In the past few days, major global banks have taken the axe to pay with unusual zeal.

  • Morgan Stanley cuts 1,600 jobs as business languishes Jan 10, 2013 07:50 AM IST

    Morgan Stanley cuts 1,600 jobs as business languishes

    Morgan Stanley plans to cut 1,600 employees starting this week, two people familiar with the matter said on Wednesday, in the latest sign of a pullback on Wall Street as revenue from trading and deal-making remains in the doldrums.

  • Top global banks say they are not too big to fail Jul 04, 2012 08:31 AM IST

    Top global banks say they are not too big to fail

    Nine of the largest global banks on Tuesday expressed confidence they can be salvaged or dismantled without taxpayer bailouts if they became insolvent, as US regulators released public portions of these banks' "living wills".

  • Rajat Gupta to face US jury in insider trading case May 21, 2012 09:56 AM IST

    Rajat Gupta to face US jury in insider trading case

    Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a boldface name in business and charity circles.

  • Sources say Goldman Sachs person leaked Apple, Intel secrets Mar 19, 2012 09:55 AM IST

    Sources say Goldman Sachs person leaked Apple, Intel secrets

    A person at Goldman Sachs Group Inc, who has not been identified or charged in a broad U.S. insider-trading probe, was caught on a wiretap leaking secrets

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