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Posts Tagged ‘Sachs’

Goldman Sachs Tells New York State of Plan to Cut 230 Jobs

June 29th, 2011 Comments off

Goldman Sachs Group Inc., the fifth- biggest U.S. bank by assets, plans to cut 230 jobs in New York, according to a filing the firm submitted to the state’s Department of Labor.
BusinessWeek.com — Finance

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Goldman Sachs, Citigroup Profit Estimates Cut on Weak Trading

June 27th, 2011 Comments off

Goldman Sachs Group Inc., Citigroup Inc. and Morgan Stanley were among Wall Street banks whose second-quarter profit estimates were cut by analysts, who said the companies’ trading revenue was likely to tumble.
BusinessWeek.com — Finance

Goldman Sachs Settles Massachusetts Probe of ‘Huddles’

June 9th, 2011 Comments off

Goldman Sachs Group Inc. agreed to pay a $ 10 million fine and stop holding private meetings of stock analysts and traders known as “huddles” to settle an investigation by Massachusetts’s chief securities regulator.
BusinessWeek.com — Finance

AIG Share Gains May Be Limited by Risks, Goldman Sachs Says

June 8th, 2011 Comments off

American International Group Inc.’s prospects for boosting its share price may be limited by pressure on investments and concerns about the sufficiency of insurance reserves, Goldman Sachs Group Inc. said.
BusinessWeek.com — Finance

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Goldman Sachs Ousts Deutsche Bank to Reclaim German IPO Top Spot

June 6th, 2011 Comments off

Goldman Sachs Group Inc. is poised to reclaim the top spot in German equity underwriting as ties to private equity firms propel it to the fore of what may be the best year for initial public offerings in more than a decade.
BusinessWeek.com — Finance

Goldman Sachs Said to Receive Subpoena From New York Prosecutor

June 3rd, 2011 Comments off

Goldman Sachs Group Inc., the fifth- biggest U.S. bank by assets, was subpoenaed by the Manhattan District Attorney’s office for information on the firm’s activities leading into the credit crisis, two people familiar with the matter said.
BusinessWeek.com — Finance

Goldman Sachs Said to Get Subpoena From New York Prosecutor

June 2nd, 2011 Comments off

Goldman Sachs Group Inc., the fifth- biggest U.S. bank by assets, received a subpoena from the Manhattan District Attorney’s office seeking information on the firm’s activities leading into the credit crisis, according to two people familiar with the matter.
BusinessWeek.com — Finance

Goldman Sachs Drops as Bove Says Sell on Pressure to Prosecute

May 12th, 2011 Comments off

Goldman Sachs Group Inc. declined the most in more than a year after an analyst told investors to sell the stock on concern that the Department of Justice faces growing pressure to bring claims against the firm.
BusinessWeek.com — Finance