Fed, SEC probing Goldman Sachs’ role in SVB’s final days
Officials are seeking documents related to Goldman Sachs' role as both buyer of SVB’s securities portfolio and adviser on the company’s capital raise.
Goldman Sachs slashes oil price forecast
Goldman Sachs lowered its 2023 outlook for crude prices by almost 10% citing a number of factors, even after Saudi Arabia's surprise production cut took the global markets off guard.
Treasury to run low on cash by June 8 or 9 unless debt limit raised: Goldman Sachs
A pair of Goldman Sachs economists wrote that the Treasury is likely to run out of the funding needed to pay federal bills by June 8 or 9, although cash could run low sooner.
Goldman Sachs enters tech race with AI-powered social media platform
Goldman Sachs unveiled a new AI-powered social media platform, named Louisa, aimed at facilitating corporate connections for employees.
Goldman Sachs settles gender discrimination case for $215M
Goldman Sachs is paying out approximately $215 million to settle a lawsuit filed in September 2010 accusing them of discrimination against women in the company.
Massive amount of funds reportedly poured into Apple high-yield savings accounts upon rollout
A massive amount of funds got poured by Apple credit cardholders into the high-yield savings accounts offered by the tech giant with Goldman Sachs upon their rollout, according to Forbes.
Apple partners with Goldman Sachs on high-yield savings account
Apple and Goldman Sachs collaborate on new savings account with 4.15% annual percentage yield
Two-thirds of US jobs could be exposed to AI-driven automation: Goldman Sachs
Roughly two-thrids of U.S. jobs could be exposed to some level of AI-driven automation over the next decade, according to a report by Goldman Sachs economists.
Goldman Sachs reshuffles equities unit executives after top trader Montesano's exit
The changes spurned by Joe Matesano's retirement will include new leaders in areas such as equity structured products, emerging markets, and ETFs, among others.
Goldman bought the portfolio SVB reportedly booked losses on
Silicon Valley Bank sold its bond portfolio last week to Goldman Sachs, a move that reportedly set SVB failure in motion and caused depositors to flee.
Goldman Sachs may have appetite for Subway chain
Goldman Sachs may have an interest in purchasing Subway, Sky News reported on Saturday. The outlet cited anonymous people that it said were 'close to the process.'
Goldman Sachs gives strategy update at investor day
Goldman Sachs chairman and CEO David Solomon said the company made mistakes in its consumer business and would initiate other strategies to repair the issue.
Goldman Sachs CEO says having 'very tight' job market makes cooling inflation 'very hard'
Goldman Sachs’ CEO, David Solomon, offered insights on the labor market and efforts to cool inflation in the U.S during a recent podcast episode put out by his company.
Goldman Sachs: three more Fed rate hikes coming this year
Interest rates are likely to go higher than the Fed previously forecast with inflation remaining abnormally high, according to Goldman Sachs economists.
Goldman Sachs expects 3 more Fed rate hikes this year
The latest inflation data has Goldman Sachs expecting three more interest rate hikes from the Federal Reserve of 25 basis points each this year.
Goldman Sachs CEO on probability of economic soft landing
David Solomon, the CEO of Goldman Sachs, on Tuesday discussed the probability of the U.S. economy experiencing a soft landing while appearing at a conference.
Goldman Sachs’ David Solomon latest CEO hit with pay cut
Goldman Sachs CEO joins Apple’s Tim Cook as latest industry CEO hit with pay cut.
Goldman Sachs says 4 US cities will suffer a 2008 crash in home values
The U.S. is seeing continued skyrocketing interest rates and declining housing prices, and Goldman Sachs expects home values in 2023 to reach that of the 2008 housing crisis.
Goldman Sachs announces reduction in asset management investments
Goldman Sachs Group Inc's asset management arm will make significant reductions to the $59 billion of alternative investments that hurt the firm's earnings.
Federal Reserve investigating Goldman Sachs' consumer business
The Federal Reserve has launched a probe into Goldman Sachs' consumer business known as Marcus, reportedly over concerns that the bank did not have proper safeguards in place.