A trial attorney from the Securities and Exchange Commission said his bosses were too 'tentative and fearful' to bring many Wall Street leaders to heel after the 2008 credit crisis, echoing the regulator’s outside critics.
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.
From a corner conference room overlooking the Thames, Michael Sherwood, a vice chairman of Goldman Sachs, has the guts to voice publicly what many in London’s centuries-old financial district are increasingly worried about behind closed doors: that threats to Britain’s membership in the European Union are threats to British business.
Goldman Sachs CEO Lloyd Blankfein's compensation climbed 50 percent in 2013, according to a regulatory filling released Friday.
Are your future job prospects likely to be impacted by the rise of the machines ?
Wiet Pot, co-head of the Dutch high-speed trading firm that’s said to be bidding for Goldman Sachs’s floor-trading business, is a former partner of the investment bank who once helped run its equities division.
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, 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.
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.
Sad to report.
Despite the fears that 2007 would see a fall-off (or at least a flattening) of profits, the performance of firms operating in the financial markets this year has been remarkably durable. But will this translate into bigger bonuses for all ?
Here's some famous football quotes provided courtesy of Goldman Sachs.
Next stop Partner ?
It is exceedingly rare for Goldman to hire anyone, let alone a woman, laterally into its coveted partnership ranks.
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.
But this one is a bit different.
In 1844, 23-year-old Henry Lehman, the son of a cattle merchant, emigrated to the United States from the town of Rimpar, in the German state of Bavaria. He settled in Montgomery, Alabama, where he opened a dry goods store, 'H. Lehman'. In 1847, following the arrival of Emanuel Lehman, the Firm became 'H. Lehman and Bro'. With the arrival of their youngest brother, Mayer Lehman, in 1850, the Firm changed its name again and 'Lehman Brothers' was founded.
Goldman Sachs is considering shutting down one of the world’s largest private stock-trading venues, according to people familiar with the matter.