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Goldman moves executive to new role building ETFs

Last Updated: Tuesday, July 29, 2014, 06:59

Goldman Sachs Group Inc has moved an executive from its trading division to its investment-management division to launch a business that will sponsor exchange-traded funds and sell them to retail clients through third parties, according to a memo and people familiar with the matter.

Goldman Sachs downgrades stocks to neutral for short term

Last Updated: Saturday, July 26, 2014, 09:39

Goldman Sachs downgraded its global equities allocation to neutral on a short-term basis on Friday, even though the brokerage remains overweight stocks for the longer term.

Rajat Gupta's release date from prison is March 2016

Last Updated: Wednesday, July 16, 2014, 11:37

According to information on the Federal Bureau of Prisons website, Gupta's "release date" from prison is March 3, 2016.

Ex-Goldman director Rajat Gupta fails to void conviction

Last Updated: Tuesday, July 15, 2014, 08:33

Gupta may still appeal to the US Supreme Court. He has also been fined millions of dollars.

Jaitley may peg FY'15 fiscal deficit at 4.3%: Goldman Sachs

Last Updated: Monday, July 07, 2014, 19:16

Foreign brokerage Goldman Sachs Monday said it expects new Finance Minister Arun Jaitley to peg the fiscal deficit target for FY15 at 4.3 percent, up from the 4.1 percent stated by his predecessor P Chidambaram.

Sans crude import, current account would've been 4.6% surplus: Goldman report

Last Updated: Sunday, June 22, 2014, 14:08

The report said the country's domestic supply of energy can increase only gradually, keeping in view environmental constraints and the availability of natural resources.

India's energy imports may rise to $230 billion by FY23: Goldman

Last Updated: Friday, June 20, 2014, 13:56

India's annual energy import bill could jump to USD 230 billion by FY'23 from the current USD 120 billion but could get reduced significantly by switching from oil to natural gas and improving conservation, says a Goldman Sachs report.

From lofty board room to lowly cell: Gupta begins prison term

Last Updated: Wednesday, June 18, 2014, 10:50

Rajat Gupta, former Goldman Sachs Director and a one-time poster boy of Indians in the US, has begun his two-year jail term for insider trading while losing his appeal against paying nearly USD 14 million in civil penalties and ban on serving as a public company officer.

From lofty board room to lowly cell: Gupta begins prison term

Last Updated: Wednesday, June 18, 2014, 01:26

Rajat Gupta, a one-time poster boy of Indians in America and former Goldman Sachs Director, today began his two-year prison sentence after fighting a protracted legal battle to clear his name in one of the biggest insider trading schemes in US history.

Rajat Gupta to report to jail today to begin 2-year sentence

Last Updated: Tuesday, June 17, 2014, 13:31

India-born former Goldman Sachs Director Rajat Gupta will Tuesday report to a prison in Massachusetts to begin his two-year sentence for insider trading, after having fought an over three-year long legal battle with all his might to clear his name.

Rajat Gupta to begin two-year prison sentence today

Last Updated: Tuesday, June 17, 2014, 12:02

Gupta is set to report to federal prison the same day that Rajaratnam's younger brother, Rengan, goes on trial in New York on insider trading charges.

Gupta tells US appeals court $14 mn civil penalty too high

Last Updated: Tuesday, June 17, 2014, 10:49

Rajat Gupta, scheduled to begin his two-year prison sentence today, told a US court that he should not be required to pay a heavy USD 13.9 million in civil penalties since he already has to pay over USD 11 million in criminal fines.