Goldman Sachs Group Inc. on Thursday announced its biggest management shakeup since naming David Solomon as CEO Lloyd Blankfein’s successor.
A former Goldman Sachs Group Inc. partner had raised concerns about some unethical practices at the bank before he left in 2015, the New York Times reported on Tuesday, citing people close to the matter.
Goldman Sachs Group Inc. is ditching plans to open a desk for trading cryptocurrencies in the foreseeable future as the regulatory framework for crypto remains unclear, Business Insider reported on Wednesday, citing people familiar with the matter.
A federal judge on Tuesday said Goldman Sachs Group Inc. shareholders may again pursue class-action claims that the bank concealed conflicts of interest when creating risky subprime securities before the 2008 financial crisis.
Warren Buffett’s Berkshire Hathaway Inc. boosted its investments in Goldman Sachs Group Inc. and Israel’s Teva Pharmaceutical Industries Ltd. during the second quarter and confirmed it has expanded its already huge bet on iPhone maker Apple Inc.
Goldman Sachs Group Inc. was sued last Thursday by a former managing director who said the Wall Street bank retaliated against him and fired him after he complained about its dealings with an unidentified “notorious European businessman.”
Morgan Stanley reported a better-than-expected quarterly profit on Wednesday, driven by higher revenues in equities and fixed income trading as well as investment banking.
New York-based real estate investment company Cadre has partnered with Goldman Sachs Group Inc to allow the bank’s private wealth management clients to invest through the startup’s platform.
Morgan Stanley beat Wall Street’s profit expectations on Wednesday, reporting gains across most of its businesses and producing more trading revenue than rival Goldman Sachs Group Inc., a rare feat.
Goldman Sachs Group Inc. has named a new chief information officer as former head Marty Chavez will become chief financial officer of the Wall Street firm.