Goldman Sachs targets richest families in Australia expansion
Goldman Sachs plans to expand its private wealth management team in Australia to capture a boom in self-made multi-millionaires and family wealth looking for global investments. “We are…
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Goldman
Citi joins Goldman in asking junior bankers to reveal if they accepted other jobs
Citigroup’s move echoes steps by other investment banks to dissuade analysts from leaving after short stints Citigroup is asking its new class of investment-banking analysts to…
Goldman Sachs profits jump as CEO eyes more merger activity
Goldman Sachs reported a jump in second-quarter profits on Wednesday behind significant increases in financial advisory revenues that chief executive David Solomon said could presage an…
Goldman Sachs’s Q2 earnings exceed estimates, fueled by trading
Goldman Sachs’s second-quarter profit exceeded Wall Street expectations, as turbulent markets raised revenue in its equities division to a record, and a pickup in dealmaking boosted…
Meet Devin: Goldman Sachs’ new AI software engineer that never sleeps
An AI called Devin just landed a job on Wall Street. Goldman Sachs just “hired” an AI software engineer made by the startup Cognition. Goldman Chief Information Officer Marco Argenti told…
Goldman Sachs raises S&P 500 return forecasts
Goldman Sachs has raised its three-, six- and 12-month S&P 500 return forecasts, citing expectations of earlier and deeper US interest rate cuts and continued fundamental strength…
Goldman CIO service suddenly catches on in Japan after 10 years
It took more than a decade of trying, but Goldman Sachs last year landed the first client for its business of helping institutions manage their money in Japan. A second pension was signed…
Goldman Sachs expects stronger yuan to boost Chinese stocks
The People’s Bank of China has sought to keep the yuan stable and add support to the economy via interest-rate cuts ESE stocks are expected to benefit from further gains in…
Chinese steel exports to drop as barriers mount: Goldman
Domestic consumption is forecast to fall 2% in 2025 to 839 million tonnes, the fifth straight year of decline blowout in Chinese steel exports has likely peaked, as trade…
Gersh Hires Pamela Goldman as Head of Voice
Gersh has hired veteran agent Pamela Goldman as Head of Gersh Voice, a new division dedicated to voiceover talent and content development. The launch of Gersh Voice follows a recent series…
Goldman sees central banks buying more renminbi, won, Singapore dollars
South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify their reserves away from the US dollar, according to…
Citi picks Goldman Sachs’ Christopher Chan to head Asia-North and South markets solutions for financial institutions
Citi on Friday (Apr 25) announced that former Goldman Sachs banker Christopher Chan will be its new Asia-North and South head of markets solutions for financial institutions, starting…
Goldman hoists gold target to US$3,100 on central-bank demand
GOLDMAN Sachs Group raised its year-end gold target to US$3,100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm…
JPMorgan, Goldman CEOs resist calls to roll back DEI programmes
JPMORGAN Chase and Goldman Sachs are pushing back on demands to roll back their diversity initiatives. In television appearances on Wednesday (Jan 22), the chief executive officers of the…
Goldman Sachs starts infrastructure fund for wealthy individuals
GOLDMAN Sachs Group’s alternative investment arm is launching a global infrastructure fund for wealthy individuals, as it ramps up efforts to open the growing private capital industry…
Goldman strategists see tumbling China stocks rising 20% in 2025
GOLDMAN Sachs strategists are sticking to their bullish stance on Chinese stocks despite an ongoing rout, predicting that benchmarks will rise about 20 per cent by year-end. Strategists…
CapitaLand Ascott Trust sells Japan rental housing asset to Goldman Sachs for 12.7 billion yen: report
CAPITALAND Ascott Trust (Clas) has sold a rental housing asset in Japan to Goldman Sachs for 12.7 billion yen (S$110 million). Real estate intelligence firm Mingtiandi on Friday (Nov 22)…
Goldman, Morgan Stanley, Bank of America ask buyers of bank risk to disclose leverage
US BANKS including Goldman Sachs, Morgan Stanley and Bank of America (BOA) are asking investors to disclose whether they plan to use additional debt to invest in significant risk transfers…
Goldman readies plans to spin-out its digital assets platform
GOLDMAN Sachs Group is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large financial firms to create, trade and settle…
Goldman Sachs readies plans to spin-out its digital assets platform
GOLDMAN Sachs Group is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for large financial firms to create, trade and settle…
Morgan Stanley’s PE arm to sell HVAC firm to Goldman Sachs Alternatives
MORGAN Stanley’s private equity arm is selling its heating, ventilation and air conditioning (HVAC) business Sila Services, about three years after it invested in the company to take…
Goldman promotes Singapore, Hong Kong and Japan bankers to partner
GOLDMAN Sachs promoted three Japanese nationals to its highest rank of executives, the most in more than a decade, after a revival in local financial markets helped the Wall Street bank…
Goldman Sachs, Morgan Stanley sell combined US$11 billion in bonds
GOLDMAN Sachs and Morgan Stanley sold a combined US$11.3 billion in investment-grade bonds on Wednesday (Oct 16), after both banks posted earnings that surpassed analyst expectations. Both…
Goldman Sachs profit jumps 45% as dealmaking activity rebounds
GOLDMAN Sachs’ profit has jumped 45 per cent in the third quarter, as the investment bank benefited from a rebound in dealmaking. It joined JPMorgan Chase, which also gained from an…