Ripple has hired Goldman Sachs and Uber tech veteran Brooks Entwistle to expand its operations in Southeast Asia. In an announcement posted Thursday, Ripple said Entwistle has been appointed as the new managing director of its Southeast Asia business headquartered in Singapore.
About a dozen Goldman Sachs junior analysts say they are working more than 95 hours a week on average, sleeping just five hours a night and enduring workplace abuse according to a workplace survey. Paul R. La Monica reports.
Shares of JPMorgan Chase and Goldman Sachs are trading higher Thursday afternoon, sending the Dow Jones Industrial Average into positive territory. The Dow was most recently trading 82 points, or 0.3%, higher, as shares of JPMorgan Chase and Goldman Sachs have contributed about 25% of the index's intraday rally.
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Goldman Sachs has upgraded United Spirits to a 'buy' rating from 'neutral,' raising the target price to Rs 683 per share. This is a 30 percent potential upside from the current price levels.
MUMBAI: Goldman Sachs has upgraded United Spirits to 'buy' from 'neutral' with an unchanged target price of Rs 683 as it views the company as a compelling blend of value and growth. The foreign investment bank said United Spirits can stem the market share loss to Pernod in the core India made foreign liquor (IMFL) category with the strategic review of the low end brands.
Junior bankers at Goldman Sachs say they have been pushed to the brink by supervisors who expect them to work up to 20 hours a day. The New York Post reports that a leaked slideshow presentation contains a litany of complaints from first-year analysts-one of whom remarked, "I've been through foster care and this is arguably worse."
Shares of Goldman Sachs Group Inc. inched 0.88% higher to $348.00 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.48% to 3,915.46 and Dow Jones Industrial Average falling 0.46% to 32,862.30. This was the stock's second consecutive day of gains.
Goldman Sachs (GS) is reportedly having discussions with JetBlue Airways (JBLU) to take over its credit-card program.Goldman is competing with Barclays (BCS), which currently has...
Dividend paying stocks like The Goldman Sachs Group, Inc. ( NYSE:GS) tend to be popular with investors, and for good reason - some research suggests a significant amount of all stock market returns come from reinvested dividends. Yet sometimes, investors buy a stock for its dividend and lose money because the share price falls by more than they earned in dividend payments.
Goldman Sachs is negotiating with JetBlue Airways to become the carrier's credit-card issuer, a media report says. Barclays currently issues the JetBlue cards and is talking to the Long Island City, N.Y., carrier about keeping it, knowledgeable sources told The Wall Street Journal. Barclays may well win out, the newspaper said.
The former head of Goldman, Sachs & Co.'s global gaming division has been named CEO of Las Vegas-based GameCo. Adam Rosenberg, who has advised gaming and leisure companies for the past 23 years and was the global head of gaming for Goldman Sachs' Investment Banking Division for 16 years, was appointed CEO by GameCo's board of directors, the company announced Thursday.
While the tech selloff has dominated headlines, growth stocks of all kinds have taken a beating lately. That's a buying opportunity in the beverage space, Goldman Sachs says. Analyst Bonnie Herzog reiterated Buy ratings on shares of (ticker: SAM), Constellation Brands (STZ), and Monster Beverage (MNST) on Wednesday.
Former high-ranking Goldman Sachs executive Michael Daffey bought a New York City mansion this month for a whopping $51 million from the estate of the late convicted sex criminal Jeffrey Epstein, his spokesman said Tuesday.
America's education sector has been hammered with major job losses by the coronavirus pandemic, but that tide may be turning after Congress passed the $1.9 trillion stimulus package. According to Goldman Sachs, the K-12 sector is about to experience a big hiring spree as schools reopen and funds are provided to various school districts across the country.
Former Goldman Sachs executive Michael Daffey purchased convicted sex abuser Jeffery Epstein's New York City mansion last week, a spokesman for Daffey confirmed Tuesday, with a portion of the proceeds going into a fund to pay Epstein's victims. "Mr. Daffey had never previously been in the home nor did he ever meet its owner.
Former Goldman Sachs executive Michael Daffey has bought a New York mansion for $51 million that once belonged to deceased sex criminal Jeffrey Epstein. The purchase was made last month, according to a report by CNBC.
A former Goldman Sachs executive is behind one of the biggest - and most notorious - residential sales this year. Michael Daffey, who managed some of the investment bank's hedge fund clients, is the buyer of Jeffrey Epstein's Upper East Side townhouse, Business Insider reported.
A former Goldman Sachs analyst and his lawyer brother will face a jury trial on insider dealing and fraud charges next April.
Goldman Sachs offered a bullish outlook on the U.S. economy earlier this week, forecasting GDP growth of 8% in 2021 on the back of President Joe Biden's $1.9 trillion stimulus plan and the ongoing recovery from the COVID-19 pandemic that rattled the economy last year, Axios reported, citing a note the financial institution sent to its clients Sunday night.