iOS app Android app

Goldman Sachs Group Inc

Big Bank Vice President Sues For Being 'Mommy-Tracked'

Reuters | Posted 09.20.2012 | Business

* Plaintiff says was "mommy-tracked" by bank * Deutsche Bank says takes allegations seriously By Jonathan Stempel NEW YORK, Sept 12 (Reuters)...

Why Another Major Collapse Is Still Possible

Bloomberg View | Matthew Schoenfeld | Posted 06.01.2012 | Business

Bloomberg View: The near-failure of insurance firm American International Group Inc. (AIG) in 2008 was arguably the most perilous moment of the glo...

Don't Underestimate The Vampire Squid

AP | CHRISTINA REXRODE | Posted 06.17.2012 | Business

NEW YORK — On the surface, Goldman Sachs had a triumphant first quarter. By one popular measure, its profit more than doubled, and the bank anno...

Ann Romney's Blind Trust Invested In Controversial Sex Site Via Goldman

Reuters | Posted 06.02.2012 | Business

By Greg Roumeliotis NEW YORK, April 2 (Reuters) - A blind trust in the name of Ann Romney, wife of Republican U.S. pre...

GE Ordered To Defend Lawsuit Alleging It Misled Investors During Crisis

Reuters | Posted 03.13.2012 | Business

(Adds details from lawsuit, background, bylines) * GE accused of overstating health during financial crisis * Judge allo...

Wall Street Job Cuts May Hurt National Labor Market

Posted 12.22.2011 | Business

As Wall Street traders cheered positive jobs data on Thursday, they seemed to ignore layoffs and bonus cuts on their own trading floors that will ...

Jon Corzine Disputes Notion He Knew About Misused Customer Funds

AP | DANIEL WAGNER and MARCY GORDON | Posted 02.14.2012 | Business

WASHINGTON — Jon Corzine's three days of testimony on MF Global's collapse offered little to satisfy lawmakers or clients who lost millions when...

Senators To Grill Regulators On MF Global Collapse

Posted 12.01.2011 | Business

Senators plan to press regulators on Thursday on whether they were asleep at the switch as now-bankrupt MF Global took on massive risky bets, and ...

BofA Shares Drop To Lowest Level In More Than Two Years

Posted 12.03.2011 | Business

Bank of America Corp shares fell nearly 8 percent to their lowest level since March 2009 as investors worried that a slowing domestic economy and ...

Goldman May Cut More Jobs Than Previously Indicated

Posted 11.27.2011 | Business

Goldman Sachs Group Inc may cut $1.45 billion in expenses by year's end, $250 million more than it indicated in July, in a move that could lead to...

Wall Street Bankers 'Answer Call' Of New Careers

Reuters | Lauren Tara LaCapra | Posted 10.17.2011 | Business

(Reuters) - In his 23 years as a banker, Adam Greene trotted the globe, closing billions of dollars' worth of deals for some of the world's biggest ba...

This Year's Kings Of Corporate Layoffs

24/7 Wall St. | JON C. OGG | Posted 10.10.2011 | Business

From 24/7 Wall St.: Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and cre...

Goldman Sachs Misses Profit Expectations

Posted 09.18.2011 | Business

Goldman Sachs Group Inc's net income rose during the second quarter but fell short of lowered market expectations as fixed income trading revenue ...

HSBC Latest Europe Bank To Make Big Staff Cuts

Posted 08.30.2011 | Business

LONDON (Sarah White and Steve Slater) - HSBC Holdings Plc is poised to axe about 700 jobs in its UK retail bank arm, as swingeing staff cuts begin...

More Examiners Will Now Work At Companies They Regulate

Wall Street Journal | AARON LUCCHETTI | Posted 08.20.2011 | Business

As part of a push to prevent another financial crisis, the Federal Reserve Bank of New York and the Office of the Comptroller of the Currency are incr...

SEC After Goldman Over Libya Dealings

Posted 08.09.2011 | Business

The Securities and Exchange Commission is examining whether Goldman Sachs Group Inc and some other financial companies violated bribery laws in de...

Goldman Employee Remains Sole Person Prosecuted Over Mortgage Fraud

New York Times | LOUISE STORY and GRETCHEN MORGENSON | Posted 08.01.2011 | Business

At the height of the housing boom, the 26th floor of Goldman Sachs’s former headquarters on Broad Street in Lower Manhattan was the nerve center of ...

TARP Repayment: Treasury Says 10 Banks Get To Payback $68B

AP | DANIEL WAGNER and STEVENSON JACOBS | Posted 05.25.2011 | Business

WASHINGTON - The Treasury Department has approved 10 of the nation's largest banks to repay $68 billion in government bailout money. The department o...