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.
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.
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.
Bank of America has hired Deutsche Bank’s Michele Foresti as head of fixed-income, currencies and commodities trading for Europe, Middle East and Africa.
Setting the benchmark ?
It is exceedingly rare for Goldman to hire anyone, let alone a woman, laterally into its coveted partnership ranks.
Goldman Sachs is considering shutting down one of the world’s largest private stock-trading venues, according to people familiar with the matter.
Goldman announced the appointment of 272 new Managing Directors Thursday.
It's going to be tougher than ever to make Partner at Goldman this year. Only one-in-three in the mix every two years typically attains Partnerhood, and this year less than 100 new partner slots are thought likely to be up for grabs.
'On The Brink - Inside the Race to Stop the Collapse of the Global Financial System' by former US Treasury Secretary Hank Paulson is one of the year's most eagerly awaited books.
We've called in the services of Ivana Takitall, author of the best-selling 'Bankers, Bonuses & Big Divorce Settlements', who has agreed to rate 12 top financial markets firms in terms of how likely they are to provide single females with their perfect partner.
Our Lloyd was born on 20th September (in 1954 for those who care about such things).
UBS hired bank takeover specialists Tannon Krumpelman and Doug Simons as the firm rebuilds its financial-services practice to cope with a prolonged dealmaking slump in that industry.
Yep, you heard it right. JPMorgan Chase CEO Jamie Dimon apparently had an arrest warrant issued in his name earlier this week - over an illegal tyre dump in Atlanta!