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What to Expect From Goldman Sachs on Tuesday

Come Tuesday morning, perhaps the most popular investment bank steps into the earnings spotlight......»»

Category: blogSource: 247wallstApr 16th, 2018

Goldman gives staff 10 days paid family leave due to coronavirus: memo

Wall Street bank Goldman Sachs is offering employees 10 days of paid family leave to care for children or elderly parents who are at home during the coronavirus pandemic, according to a memo sent to staff on Tuesday that was seen by Reuters......»»

Category: topSource: reutersMar 31st, 2020

Goldman Sachs slashes second quarter U.S. GDP estimate further

Goldman Sachs said on Tuesday that the U.S. second quarter economic decline would be deeper than it had previously forecast and unemployment would be higher, citing anecdotal evidence and "sky-high jobless claims numbers.".....»»

Category: topSource: reutersMar 31st, 2020

Here are the best bets for investors seeking income, according to Goldman Sachs

Investors should expect companies to dial back their dividends just as bond yields are hitting fresh lows.....»»

Category: topSource: marketwatchMar 30th, 2020

Intel, Xilinx stocks get upgrades at Goldman Sachs while Applied Materials falls off conviction list

Goldman Sachs analyst Toshiya Hari made a series of updates to his chip-sector ratings Tuesday, upgrading Intel C.....»»

Category: topSource: marketwatchMar 24th, 2020

Goldman tells most staff in Americas, EMEA to work from home

Goldman Sachs said it has instructed most of its staff in the Americas, Europe, the Middle East and Africa to work from home from Wednesday until further notice, according to an internal notice the bank posted on its website late on Tuesday......»»

Category: topSource: reutersMar 18th, 2020

Goldman Sachs now sees Fed cutting rate back to record low

Goldman Sachs Group Inc. economists said they now expect the Federal Reserve to slash interest rates back to the record low of 2016 as the U.S. economy stagnates because of the coronavirus. The Fed... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 10th, 2020

Goldman sees more stock market losses before strong recovery

Goldman Sachs Group Inc. strategists expect stocks to stage a powerful recovery from their worst sell-off since the 2008 financial crisis, but only after suffering more declines first. Global... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 10th, 2020

Goldman Sachs is "very open" to acquisitions: CFO

Goldman Sachs Group Inc Chief Financial Officer Stephen Scherr said on Tuesday the bank is "very open" to acquisitions that can help the bank fill gaps or help speed up growth of certain businesses......»»

Category: topSource: reutersMar 10th, 2020

Goldman Sachs ex-CEO Lloyd Blankfein predicts a "quick recovery" for markets from coronavirus

Bryan Bedder/Getty Images for The New York Times Former Goldman Sachs CEO Lloyd Blankfein expects global markets to rebound once the coronavirus threat fades. "Fear can take the market lower, but expect a quick recovery when the he.....»»

Category: topSource: businessinsiderMar 9th, 2020

Ex-Goldman CEO Lloyd Blankfein laid into Bernie Sanders after his New Hampshire win, saying he"ll wreck the economy and let Russia "screw up the US"

Reuters The former chief executive of Goldman Sachs, Lloyd Blankfein, took to Twitter on Tuesday to warn Democrats that Bernie Sanders is "just as polarizing as Trump.....»»

Category: topSource: businessinsiderFeb 12th, 2020

Federal Reserve bars former Goldman Sachs executive for role in 1MDB scandal

The U.S. Federal Reserve said on Tuesday that it permanently barred a former Goldman Sachs Group Inc executive from the banking industry over his role in Malaysia's multi-billion-dollar 1MDB corruption scandal......»»

Category: topSource: reutersFeb 4th, 2020

U.S. Federal Reserve bars Goldman Sachs executive from industry for role in 1MDB scandal

The U.S. Federal Reserve announced Tuesday it had permanently barred Goldman Sachs executive Andrea Vella from the banking industry for his role in Malaysia's 1MDB scandal......»»

Category: topSource: reutersFeb 4th, 2020

Goldman CEO says process on canceled WeWork IPO "worked"

Goldman Sachs Chief Executive David Solomon called WeWork's abandoned initial public offering (IPO) a great example of the listing process working on Tuesday, even if was "not as pretty as everybody would like it to be"......»»

Category: topSource: reutersJan 21st, 2020

A Goldman Sachs client poll finds 87% expect Trump to win the next election

Jonathan Bachman/AP Goldman Sachs surveyed dozens of its clients and found that 87% expected President Donald Trump to win the 2020 election. The bank's strategists polled atte.....»»

Category: topSource: businessinsiderJan 17th, 2020

What to expect from white-collar prosecutions in 2020

Goldman Sachs, BMW and insider-trading legislation: It should be an interesting year in white-collar crime......»»

Category: topSource: bizjournalsJan 14th, 2020

Ex-Goldman Sachs banker pleads guilty in insider case

A Goldman Sachs Group Inc. investment banker ensnared in a global insider-trading ring pleaded guilty to conspiracy on Tuesday, admitting he passed confidential information stolen from the bank to a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 8th, 2020

Goldman Sachs answers investor demands on consumer bank

Goldman Sachs Group Inc unveiled details about its consumer business for the first time on Tuesday and will start disclosing its results regularly as part of a broader reporting-line shuffle, responding to .....»»

Category: topSource: reutersJan 7th, 2020

WeWork arranges $1.75 billion credit line with Goldman Sachs

Shared workplace operator WeWork said on Tuesday it has arranged a $1.75 billion letter of credit with Goldman Sachs that is in the process of being syndicated and whose funds are expected to be available in January......»»

Category: topSource: reutersDec 17th, 2019

Groupon stock falls after Goldman Sachs makes bearish call

Shares of Groupon Inc. are off 3% in premarket trading Tuesday after Goldman Sachs analyst Michael Ng downgraded the stock to sell from neutral. He sees downside.....»»

Category: topSource: marketwatchDec 17th, 2019

The Tell: How many Goldman Sachs private equity clients are preparing for a recession? Every single one of them

According to a recent National Association for Business Economics survey, 72% of economists expect a recession by the end of 2021. That percentage appears to be much higher among some of Goldman Sachs’s deepest-pocketed customers......»»

Category: topSource: marketwatchDec 5th, 2019