Goldman Sachs Group Inc

Goldman pushes ahead with 1,460 India hires, internships

Goldman Sachs Group Inc will honor job and internship offers to 1,460 Indian graduates and students this summer, the equivalent of a quarter of its workforce in the country, forging ahead with expansion plans despite uncertainties due to the COVID-19 pandemic.

May 16, 2020, 12:47 PM IST

Goldman Sachs to set up cryptocurrency trading desk

The Wall Street bank aims to get the business running by the end of June.

Dec 22, 2017, 10:20 AM IST

Pepperfry raises Rs 210 cr from Goldman Sachs, others

Online furniture marketplace Pepperfry has raised Rs 210 crore in a fresh round of funding from current investors Goldman Sachs, Bertelsmann India Investments (BII), Norwest Venture Partners (NVP) and Zodius Technology Fund.

Sep 21, 2016, 11:44 AM IST

Obama''s inversion curbs kill Pfizer''s $160 bln Allergan deal

U.S. drug maker Pfizer Inc agreed on Tuesday to terminate its $160 billion agreement to acquire Botox maker Allergan Plc, in a major victory to U.S. President Barack Obama`s drive to stop tax-dodging corporate mergers.

Apr 06, 2016, 12:22 PM IST

Will US federal appeals court overturn Rajat Gupta's 2012 insider trading conviction?

Rajat Gupta, a former director of Goldman Sachs Group Inc and global managing director of McKinsey & Co, has persuaded a federal appeals court to take a fresh look at overturning his 2012 insider trading conviction.

Feb 05, 2016, 10:03 AM IST

JPMorgan, Goldman Sachs, Morgan Stanley to form data company: Report

JPMorgan Chase & Co , Goldman Sachs Group Inc and Morgan Stanley are working to create a company that will pull together and clean reams of data used to determine pricing and transaction costs, the Wall Street Journal reported.

Aug 20, 2015, 08:57 AM IST

Lawsuit accuses 22 banks of manipulating US Treasury auctions

Primary dealers are the banks authorized to transact directly with the Federal Reserve who are big players in Treasury bond auctions and act as market makers in the secondary market.

Jul 24, 2015, 09:14 AM IST

Ex-Goldman director Gupta fights USD13.9 mln fine as prison awaits

A day before he is scheduled to begin serving a two-year prison sentence for insider trading, former Goldman Sachs Group Inc director Rajat Gupta asked a federal appeals court to reduce a USD13.9 million civil penalty and shorten his lifetime ban from serving as an officer of a public company.

Jun 16, 2014, 23:36 PM IST

Wall Street to shift more staff out of pricey cities: Report

Today, about half of the employees who handle back-office functions and operations at investment banks work in high-cost locations, Johnson Associates said in a March report.

Mar 13, 2014, 09:23 AM IST

Goldman losses from options glitch in tens of millions: Source

Goldman Sachs Group Inc lost tens of millions of dollars after a computer glitch led to a flood of erroneous options trades last week, a source close to the matter said on Monday.

Aug 27, 2013, 08:47 AM IST

SEC examining S&P's decision on rating

The scrutiny relates to S&P's decision in July 2011 to pull its ratings on a new USD 1.5 billion CMBS (commercial- mortgage-backed security), issued by Goldman Sachs Group Inc and Citigroup Inc.

Jun 25, 2012, 14:21 PM IST

US expands case against ex-Goldman director Gupta

Federal prosecutors expanded their insider trading case against former Goldman Sachs Group Inc director Rajat Gupta on Tuesday, saying the illegal activity lasted longer and involved more trades than alleged.

Feb 01, 2012, 11:02 AM IST

Goldman sells $1.1 bn ICBC stake, below expected size

Goldman Sachs Group Inc (GS.N) sold USD1.1 billion of shares in Industrial and Commercial Bank of China Ltd (ICBC) (1398.HK) late on Wednesday, less than originally expected as global markets plunged on concerns of a worsening of the European debt crisis.

Nov 10, 2011, 08:52 AM IST

Goldman Sachs posts deeper-than-expected Q3 loss

Goldman Sachs Group Inc posted a loss of USD 428 million for the third quarter, only its second quarterly loss as a public company.

Oct 18, 2011, 18:49 PM IST

Goldman Sachs may post Q3 loss: Citigroup

Goldman Sachs Group Inc will likely record a loss in the third quarter, only the second quarterly loss in the Wall Street titan's history, hurt by weakness across trading and investment banking, equity market declines and wider credit spreads during the period, Citigroup said.

Oct 11, 2011, 19:45 PM IST

Yahoo readies books for potential buyers: Sources

Yahoo Inc's long-time advisers Goldman Sachs Group Inc and Allen & Co are preparing to give potential buyers financial information, in a sign the troubled Internet giant is ready to put itself on the block, sources close to the situation said.

Oct 05, 2011, 10:13 AM IST