All Entries Tagged With: "Goldman Sachs"
Goldman Sachs Group Inc considering Internet banking Operation
Goldman Sachs Group Inc, (NYSE:GS) is considering launching an internet banking operation, according to a source close to the situation.
Now that Goldman Sachs is a bank holding company, if it goes ahead, the new unit will obtain deposits that it can then use to fund various
Morgan Stanley Set To Buy Overlapping Regional Banks
Just months after Morgan Stanley (NYSE:MS) and Goldman Sachs (NYSE:GS) became bank holding companies, reports have been made that Morgan Stanley are in negotiations to acquire several regional banks that overlap its existing asset management and brokerage clients, according to a report on Monday in the WSJ.
According to reports the new-York based bank is in [...]
Goldman Sachs CEO received $68 million bonus in 2007
Goldman Sachs (NYSE:GS) top 7 leaders including Chief executive Lloyd Blankfein have given up their 2008 bonuses, according to a spokesperson for the company.
Due to Goldman Sachs poor performance, Blankfein along with the other 6 company directors asked the companies central committee who are responsible for the bonus handouts not to make any bonus payments [...]
American Express joins Goldman Sachs and Morgan Stanley
American Express Co. has became a commercial bank with the approval of the Federal Reserve and gained access funds to as sales of asset-backed bonds tumbled and credit losses grew.
Due to the financial crisis the Federal Reserve waived a 30-day waiting time on the application, Ben S. Bernanke, Chairman along with all his colleagues voted [...]
Goldman Sachs sends HSBC tumbling, Barclays follow
HSBC (HSBA.L) stocks tumbled 4.8 percent after Goldman Sachs downgraded the largest bank in Europe from “neutral” to “sell” and slashed its target price from 950 to 650, making HSBC one of the biggest decliners on the FTSE 100 along with Barclays.
Goldman Sachs report on European banks stated that recent action’s by policymakers
Crisis in Goldman Sachs: 3,200 staff could go
Goldman Sachs the US investment bank that seemed to be the strongest on Wall Street will be getting rid of 3,200 of its staff it was revealed by someone close to the plans, the source explained that 10 percent of the investment banks worldwide workforce has to go. Goldman Sachs refused to comment on the [...]
Goldman Sachs gets $5 billion from Warren Buffett
Warren Buffett’s Berkshire Hathaway Inc one of the best known investors is piling another $5 billion investment into Goldman Sachs Group Inc, which is a great boost for the US Wall Street bank.
Goldman Sachs share price rose 8.1 percent after the
MUFG agrees to buy 10-20 percent of Morgan Stanley
Morgan Stanley and Goldman Sachs survived the financial storm that destroyed their rivals as Wall Street get ready for a week of fast talking over a proposed $700 billion (£380 billion) bailout for troubled banks from the