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Goldman, Citigroup among 5 bankers selected for IOC stake sale

Goldman, Citigroup among 5 bankers selected for IOC stake sale

The government has selected five merchant bankers, including Goldman Sachs and Citigroup, to manage the government's 3 percent stake sale in IOC which could fetch about Rs 6,000 crore to the exchequer.

Oil down 10 percent after 5-day drop; Goldman says more losses needed

Oil fell for a fifth straight day on Friday, losing 10 percent on the week.

China has spent $147 bn to prop up stocks: Goldman

Goldman said the government spent 860-900 billion yuan to support the stock market in June and July, according to a research report issued yesterday.

US crude prices to drop to $40 a barrel as inventories rise: Goldman

Oil prices will reverse their recent gains as global crude inventories begin to increase again, with US crude likely to drop as far as $40 a barrel in the near-term, Goldman Sachs said.

Goldman deals pass $1 trillion for 2014

Goldman Sachs has surpassed $1 trillion in mergers and acquisitions for a single year for the first time since the financial crisis.

Goldman, BASF, HSBC accused of metals price fixing: US lawsuit

The defendants illegally shared customer data, used that information to engage in "front-running" of expected price moves, and manufactured phantom "spoof" orders, according to the plaintiff.

Goldman raises Nifty target to 9,000 for Sept 2015

Goldman said earnings sentiment remains positive for the overall market.

Goldman says Google has blocked email with leaked client data

Goldman said the contractor meant to email her report, which contained the client data, to a "" account, but instead sent it to a similarly named, unrelated "" account.

Goldman puts Metro metals warehousing unit up for sale

Goldman Sachs has begun a formal process to sell the metals warehousing business it purchased four years ago, a spokesman said on Tuesday, disclosing the first definitive effort to shed the operation amid regulatory and political pressure.

Twitter stock slumps 50%; Goldman, Deutsche Bank still say ''buy''

On Wednesday the stock fell as low as USD 37.24, 50 percent below its peak of USD 74.73 the day after Christmas, wiping almost USD 18 billion off Twitter`s market capitalization.

Goldman Sachs says 4Q profit falls 21%

Goldman earned USD 2.25 billion in the October-December quarter after paying dividends on preferred shares, down from USD 2.83 billion in the same period a year earlier.

Ex-Goldman VP Tourre denied a new trial in SEC case

Fabrice Tourre, the former Goldman Sachs Group Inc vice president who was found liable for defrauding investors over a failed mortgage transaction, has failed to persuade a federal judge to dismiss the case or give him a new trial.

Goldman names 16 Indian-origin persons as MDs; 3 as Partners

Global financial services giant Goldman Sachs has promoted 266 persons, including at least 16 of Indian-origin as Managing Director, while three others of Indian origin have been named as Partners at the group.

Rupee to be at 51 level in Dec; fiscal end CAD at 3.5%: Goldman

It has pegged the Current Account Deficit at 3.5 percent for the ongoing fiscal.

Goldman Sachs bullish on growth prospects in India

Global investment banking and securities firm Goldman Sachs which held its first ever board meet in India last week has said that it would like to grow its business here in line with the growing economy.