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Goldman Sachs is reportedly combining four private-investing units with $140 billion in total assets

The newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its stagnant stock price......»»

Category: topSource: moneycentralJun 17th, 2019

Goldman Sachs combining its private-investing units: WSJ

Wall Street bank Goldman Sachs Group Inc is combining its private-investing arms, with the resulting new division to have about $140 billion in assets, the Wall Street Journal reported on Sunday, citing people familiar with the matter......»»

Category: topSource: reutersJun 16th, 2019

Goldman Sachs combining private-investing units, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 16th, 2019

Deutsche Bank reportedly sells $50 billion worth of assets to Goldman Sachs as part of major overhaul

Reuters Deutsche Bank has reportedly sold $50 billion worth of assets tied to emerging market debt to Gol.....»»

Category: topSource: businessinsiderNov 27th, 2019

Malaysian officials are reportedly discussing a $2 billion payment from Goldman Sachs for its role in the 1MDB scandal

Reuters Malaysian officials have discussed a payment of $2 billion to $3 billion in private tal.....»»

Category: topSource: businessinsiderOct 23rd, 2019

Goldman Sachs Is Reportedly Shutting Down Two Hedge Funds

Together they manage about $1.4 billion in assets. Goldman Sachs Group Inc. is shutting two hedge funds run by people based in Asia, according to people with knowledge of the matter. The fun.....»»

Category: europeSource: fortuneAug 23rd, 2018

Here"s How Much Investing $1,000 In Goldman Sachs Stock 5 Years Ago Would Be Worth Today

Investors who owned stocks since 2016 generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the last five years is 120.4%. But there’s no question some big-name stocks didn’t keep pace along the way. read more.....»»

Category: blogSource: benzingaJan 19th, 2021

Private Bancorp of America, Inc. Reports 2019 Fourth Quarter Financial Results

Total assets increased to $1.1 billion up 7% for the quarter and 26% year-over-year Total loans increased to $885.6 million up 8% for the quarter and up 28% year-over-year Total deposits increased to $850.3 million up 3% for .....»»

Category: earningsSource: benzingaJan 30th, 2020

Goldman Sachs shakes up business units in push for more transparency

Goldman Sachs Group Inc will start reporting details on its consumer business for the first time and get rid of a volatile reporting line called investing and lending, in response to long-standing requests from analysts and investors......»»

Category: topSource: reutersJan 7th, 2020

Goldman could reportedly settle for less than $2 billion following multiple probes over Malaysian investment fund — and that"s lower than expected

REUTERS/Olivia Harris Goldman Sachs could settle for under $2 billion to resolve US probes into the bank's involvement with 1MDB, a Malaysian investment fund surroun.....»»

Category: topSource: businessinsiderDec 6th, 2019

Deutsche Bank Sells Bad Securities To Goldman Sachs Amid Restructuring

Deutsche Bank AG (NYSE: DB) formally announced the sale of $50 billion in unwanted assets to Goldman Sachs Group Inc. (NYSE: 0.....»»

Category: blogSource: benzingaNov 27th, 2019

Deutsche Bank sells $50 billion in assets to Goldman amid overhaul: sources

Deutsche Bank has sold $50 billion in unwanted assets to Goldman Sachs as part of its restructuring, three people with knowledge of the matter said on Wednesday......»»

Category: topSource: reutersNov 27th, 2019

Deutsche Bank sells $50 billion in assets to Goldman Sachs amid overhaul: source

Deutsche Bank has sold $50 billion (45 billion euros) in unwanted assets to Goldman Sachs as part of its restructuring, a person with knowledge of the matter said on Wednesday, confirming a Bloomberg report......»»

Category: topSource: reutersNov 27th, 2019

Billionaire Ken Fisher"s losses approach $3 billion after Goldman Sachs reportedly drops him over sexist comments

Goldman Sachs is reportedly joining the list of clients ditching Ken Fisher after the billionaire money manager made a series of sexist comments at a conference earlier this mont.....»»

Category: topSource: businessinsiderOct 25th, 2019

Market Extra: Rising defaults in high-yield bonds puts this year on track for post 2008 crisis record, warns Goldman Sachs

Since January, a total of $36 billion of so-called junk-bonds have defaulted, thanks largely to several debt-laden energy players looking for reprieve from creditors in bankruptcy court......»»

Category: topSource: marketwatchAug 18th, 2019

Malaysia files charges against current, former directors of Goldman Sachs units

Malaysia has filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc in a multi-billion-dollar corruption investigation at state fund 1MDB, the attorney general said on Friday......»»

Category: topSource: reutersAug 9th, 2019

Malaysia files charges against 17 current, former directors of Goldman Sachs units

Malaysia filed criminal charges against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc over the multi-billion dollar corruption probe at state fund 1MDB, the attorney general said on Friday......»»

Category: topSource: reutersAug 9th, 2019

Goldman Sachs raises $2.5B for real estate purchases

A newly reorganized real-estate investment fund for Goldman Sachs is reportedly raising $2.5 billion to purchase properties throughout the U.S. and other parts of the world.  reports the financial... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 3rd, 2019

Goldman Sachs to combine five units into one investing platform, Bloomberg says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 17th, 2019

Goldman Sachs in talks to buy B&B Hotels from PAI Partners

Goldman Sachs is in talks to buy B&B Hotels from private equity firm PAI Partners, the companies said on Monday, in a deal which an earlier report from the Financial Times said could be worth 1.9 billion euros ($2.1 billion)......»»

Category: topSource: reutersMay 20th, 2019

Goldman Sachs Adds $25 Billion in Assets for $750 Million

Mega-bank Goldman Sachs has agreed to purchase financial advisory and wealth management firm United Capital for $750 million......»»

Category: blogSource: 247wallstMay 16th, 2019