Goldman Sachs is looking to sell its New York Stock Exchange market-making unit to a Dutch investment firm, as computers replace traders who once dominated the business at the corner of Wall and Broad streets.
Goldman Sachs is a leading global investment banking, securities and investment management firm that provides a wide range of services worldwide. It has offices in every major financial center.
Goldman Sachs, which earned a third of its profit from trading last year, has moved Guy Saidenberg from head of global foreign-exchange trading to allow JPMorgan’s Kayhan Mirza to assume the job.
A federal appeals court on Tuesday rejected a bid by former Goldman Sachs director Rajat Gupta to overturn his insider trading conviction.
Wall Street leaders including Lloyd Blankfein and James Gorman, who have courted business in Vladimir Putin’s Russia, are facing a dilemma as tensions over Ukraine escalate.
The number of mergers and acquisitions in the UK has fallen to a four-year low during the first three months of the year, while flotations have had their strongest start since the peak in 2007.
Most U.S. banks came out of the recent stress tests looking pretty good, with one notable exception: Bank of America.
Within 18 months of leaving his trading job to open a lunchtime eatery at the Dubai financial centre in 2011, Nabil Al Rantisi was back: selling stocks and rebuilding one of the city’s largest brokerages.
Young son made the tragic decision to take his own life.
A Japan-focused multistrategy hedge fund run by three former Goldman Sachs Managing Directors returned 38% in its first two months, according to two people with knowledge of the matter.
Fabrice Tourre, the former Goldman Sachs trader who reaped millions of dollars on Wall Street before a federal investigation derailed his career and redefined him as both a symbol and a scapegoat of the financial crisis, is now losing a piece of that small fortune to the government.
Goldman Sachs is considering shutting down one of the world’s largest private stock-trading venues, according to people familiar with the matter.
Jim Cramer has enjoyed a storied career. And part of it involved working at perhaps the most prestigious brokerage on Wall Street.
Are you a very well motivated genius, or an insecure overachiever ?
It's tough to come up with a list of true Wall Street legends, as so many have got their detractors - and not all of them have / had unblemished track records.
We thought it would be interesting to republish something we first posted over 2 years ago about the impact of not making the grade at Partner Managing Director level over at Goldman Sachs.
Once described by a Rolling Stone reporter as a 'vampire squid wrapped around the face of humanity', Goldman Sachs is the world's most famous investment bank and, as is only right, CEO Lloyd Blankfein is it's mouthpiece.
Setting the benchmark ?
It is exceedingly rare for Goldman to hire anyone, let alone a woman, laterally into its coveted partnership ranks.
As we seem to be giving a fair bit of coverage to Goldman Sachs at the moment, we thought it would be interesting to re-run this article, which provides some insight into the firm's notoriously difficult interview process.
Thomas Montag, President, Global Banking and Markets at Bank of America Merrill Lynch.