Moneycontrol

Budget 2023Budget 2023

PARTNERS

  • Tata AIA Life Insurance
  • Hafele
  • Motilal Oswal
  • SMC Global Securities Limited
Budget 2023
Budget 2023
you are here: HomeNewsGoldman sachs
goldman sachs
Jump to
  • Goldman Sachs lowers CEO David Solomon’s pay 30% to $25 million Jan 27, 2023 10:25 PM IST

    Goldman Sachs lowers CEO David Solomon’s pay 30% to $25 million

    The package includes a $2 million base salary and $23 million in variable compensation, with $16.1 million of that in the form of restricted stock units.

  • Morgan Stanley cuts CEO Gorman’s pay 10% to $31.5 million Jan 21, 2023 10:21 AM IST

    Morgan Stanley cuts CEO Gorman’s pay 10% to $31.5 million

    The bank considered Gorman’s outstanding individual performance, including his leadership of the firm’s strategy, core values and culture, and the firm’s solid financial performance

  • More IIT graduates laid off by Amazon, Goldman Sachs. 'It's really disheartening' Jan 18, 2023 07:22 PM IST

    More IIT graduates laid off by Amazon, Goldman Sachs. 'It's really disheartening'

    "It is really disheartening, without any performance considerations they are laying off just like that," wrote Samyak Jain who had worked with Amazon for six months. "It was my first job and my first experience in software development."

  • Why Goldman Sachs is far, far behind Morgan Stanley Jan 18, 2023 10:56 AM IST

    Why Goldman Sachs is far, far behind Morgan Stanley

    Its faltering attempts to develop a stream of steady, repeatable revenue stand in stark contrast to its rival’s resilience in asset management

  • Wall Street investment banking slammed, as execs hope for more confidence ahead Jan 18, 2023 06:25 AM IST

    Wall Street investment banking slammed, as execs hope for more confidence ahead

    Morgan Stanley and Goldman Sachs reported a plunge in fourth quarter profits, as Wall Street dealmakers handling mergers, acquisitions and initial public offerings faced a sharp drop in their businesses in 2022

  • Goldman Sachs staffer laid off last week in Bengaluru: 'I was promoted just last month' Jan 16, 2023 02:20 PM IST

    Goldman Sachs staffer laid off last week in Bengaluru: 'I was promoted just last month'

    "It has taken me sometime to absorb the news as I was promoted just last month," wrote Manas Ranjan Panda, vice president of equities risk trading at Goldman Sachs in Bengaluru.

  • Goldman Sachs called employees for 7:30 am 'meetings' to fire them: report Jan 16, 2023 01:20 PM IST

    Goldman Sachs called employees for 7:30 am 'meetings' to fire them: report

    The laid off employees at Goldman Sachs were given the choice to either leave the office immediately or wait for colleagues to arrive so they could say goodbye.

  • IIT graduate, 23, laid off by Goldman Sachs in Bengaluru: 'My first job' Jan 12, 2023 02:05 PM IST

    IIT graduate, 23, laid off by Goldman Sachs in Bengaluru: 'My first job'

    Laid-off Goldman Sachs employees began taking to LinkedIn, looking for new jobs. Several Indian and Chinese workers who are on H-1B visa in the United States have been impacted.

  • Indian woman laid off by Goldman Sachs in US: 'I come from a rural family' Jan 12, 2023 09:34 AM IST

    Indian woman laid off by Goldman Sachs in US: 'I come from a rural family'

    Goldman Sachs is laying off nearly 3,200 employees or nearly 6.5 per cent of its workforce, in its biggest job cuts.

  • Goldman Sachs no longer expects recession in euro zone in 2023 Jan 11, 2023 07:59 AM IST

    Goldman Sachs no longer expects recession in euro zone in 2023

    "We maintain our view that Euro area growth will be weak over the winter months given the energy crisis but no longer look for a technical recession," Goldman Sachs economists led by Sven Jari Stehn said in a note.

  • Goldman Sachs considers eliminating as many as 4,000 jobs Dec 16, 2022 07:50 PM IST

    Goldman Sachs considers eliminating as many as 4,000 jobs

    Top managers have been asked to identify potential cost-reduction targets, and no final job-cut number has been determined, the person said, asking not to be identified discussing internal deliberations.

  • Goldman Sachs on hunt for bargain crypto firms after FTX fiasco Dec 06, 2022 11:50 AM IST

    Goldman Sachs on hunt for bargain crypto firms after FTX fiasco

    FTX's implosion has heightened the need for more trustworthy, regulated cryptocurrency players, and big banks see an opportunity to pick up business, Mathew McDermott, Goldman's head of digital assets, told Reuters.

  • Investors want more of India, says Goldman Sach’s Santanu Sengupta Nov 30, 2022 01:31 PM IST

    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.

  • Govt will focus on capex, keep allocation for subsidies: Goldman Sachs economist Nov 28, 2022 12:41 PM IST

    Govt will focus on capex, keep allocation for subsidies: Goldman Sachs economist

    Santanu Sengupta expects the Reserve Bank of India to raise the key policy rate by 50 basis points at its upcoming meeting

  • Goldman's top picks in MSCI China Index face rocky path amid Covid-19 surge: Report Nov 28, 2022 11:19 AM IST

    Goldman's top picks in MSCI China Index face rocky path amid Covid-19 surge: Report

    Goldman's selection of 30 primarily consumer-related stocks saw a decline of 4 percent since the US bank revised its list on November 6, according to South China Morning Post's calculations.

  • India's economic reforms will help boost potential growth beyond 6%: Goldman Sachs Nov 24, 2022 02:51 PM IST

    India's economic reforms will help boost potential growth beyond 6%: Goldman Sachs

    Govt policy of absorbing food price shocks and providing counter cyclical stimulus should continue next year with the general election coming up in 2024, the brokerage said.

  • Indian equities could underperform APAC peers in 2023: Goldman Sachs Nov 24, 2022 12:27 PM IST

    Indian equities could underperform APAC peers in 2023: Goldman Sachs

    Banks, energy (Reliance) and select domestic cyclicals are expected to be the major contributors to the overall index earnings over the next year.

  • Goldman Sachs sees Nifty hitting 20,500 by 2023-end Nov 23, 2022 08:16 PM IST

    Goldman Sachs sees Nifty hitting 20,500 by 2023-end

    Over the medium term, the foreign brokerage firm expects India’s earnings to grow fastest in the Asia-Pacific region, at 14 percent in the next five years against 10 percent compounded annual growth for the region.

  • Moneycontrol Daily: Your Essential 7 Nov 22, 2022 06:15 AM IST

    Moneycontrol Daily: Your Essential 7

    A daily round-up of the most interesting articles to help jump-start the day.

  • Goldman Sachs strategists say bear market will last in 2023 Nov 21, 2022 04:16 PM IST

    Goldman Sachs strategists say bear market will last in 2023

    The strategists estimate the S&P 500 will end 2023 at 4,000 index points -- just 0.9% higher than Friday’s close -- while Europe’s benchmark Stoxx Europe 600 will finish next year about 4% higher at 450 index points.

  • Goldman sees India’s growth slowing next year as tailwinds fade Nov 21, 2022 11:39 AM IST

    Goldman sees India’s growth slowing next year as tailwinds fade

    Gross domestic product may expand by 5.9% in calendar year 2023 from an estimated 6.9% this year, Goldman economists led by Andrew Tilton wrote in a report Sunday.

  • Goldman Sachs paid over $12 million to Bury Partner's claim of sexist culture Nov 21, 2022 08:07 AM IST

    Goldman Sachs paid over $12 million to Bury Partner's claim of sexist culture

    The bank settled with the departing partner two years ago, in a deal that kept secret her detailed account of senior executives making vulgar and dismissive comments about women, according to people with knowledge of the matter.

  • Wall Street banks split over EM equities outlook after $2tn rout Oct 27, 2022 11:49 AM IST

    Wall Street banks split over EM equities outlook after $2tn rout

    Wipeout presents ‘exciting’ opportunities for Morgan Stanley but Goldman casts doubt on recovery

  • Jeff Bezos agrees there is a ‘good chance of recession’ Oct 19, 2022 07:51 AM IST

    Jeff Bezos agrees there is a ‘good chance of recession’

    Jeff Bezos agrees with Goldman Sachs CEO David Solomon on the chances of an upcoming recession

  • Goldman Sachs unveils revamp as profit shrinks Oct 19, 2022 06:37 AM IST

    Goldman Sachs unveils revamp as profit shrinks

    The bank, which unveiled its biggest business overhaul since 2020, will now have three operating segments - asset and wealth management, global banking and markets, and platform solutions.