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Goldman Sachs Group Inc

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  • Oct 20- Banks should defer bonus payments for 10 years and tap the bonus pool to pay any regulatory fines, a top Federal Reserve official said on Monday, taking aim at continued lapses across the industry even after the 2007-9 financial crisis. New York Federal Reserve Bank President William Dudley said banks should move toward paying employees in debt...

  • Final Glance: Banks companies Monday, 20 Oct 2014 | 6:05 PM ET

    Bank of America Corp. rose$. 05 or. 3 percent, to $16.26. Citigroup Inc. rose$. 46 or. 9 percent, to $50.53. Goldman Sachs rose$. 93 or. 5 percent, to $177.84.

  • Early Glance: Banks companies Monday, 20 Oct 2014 | 10:40 AM ET

    Bank of America Corp. rose$. 01 or. 1 percent, to $16.22. Citigroup Inc. rose$. 01 or percent, to $50.08. Goldman Sachs rose$. 20 or. 1 percent, to $177.11.

  • LONDON, Oct 19- Evaporating inflation and slowing growth have put financial markets into such a spin that they could inflict further damage on the world economy. With the Fed set to turn off its money taps at the end of this month, investors appear to have woken up to poor growth prospects in much of the world, something International Monetary Fund chief Christine...

  • "We are now in a blackout period so companies have been precluded from conducting tactical buyback activity that has supported the equity market during sell-offs in the recent past," said Goldman Sachs in a note earlier this week. October has been particularly quiet for buybacks by U.S. companies, with about $1.7 billion in stock repurchases announced or...

  • Final Glance: Banks companies Friday, 17 Oct 2014 | 6:03 PM ET

    Bank of America Corp. rose$. 13 or. 8 percent, to $16.21. Citigroup Inc. rose$. 32 or. 6 percent, to $50.07. Goldman Sachs rose $4.33 or 2.5 percent, to $176.91.

  • BOSTON, Oct 17- Taking a page from his last job, Eaton Vance's new Chief Equity Investment Officer bets that reorganizing his analysts into new teams will boost performance. Since joining the Boston company in April from Goldman Sachs, Edward Perkin has regrouped Eaton Vance's 27 stock analysts into teams meant to develop investment ideas that match the...

  • NEW YORK, Oct 17- Morgan Stanley, which has spent three years throwing out bad apples from its fixed income trading portfolio, now wants to put the freed up money into businesses that bear healthier fruit. The bank's risk-weighted fixed-income trading assets have shrunk to $190 billion, close to its target of $180 billion by the end of next year, giving Morgan...

  • Fear-gauge flashes wild week on Wall Street Friday, 17 Oct 2014 | 2:03 PM ET

    NEW YORK— Europe's economy sputters, oil prices plunge and stocks start swinging wildly. Wall Street's long dormant "fear index" now predicts more turbulence ahead. Slowing growth in Europe and the developing world have stirred up lingering doubts among investors just as the Federal Reserve plans to wind down a bond-buying program that many considered a...

  • Oct 17- Energy Future Holdings squared off against creditors in court on Friday as the bankrupt Texas power company sought approval to begin a multibillion dollar auction of its interest in Oncor, a power transmission business. The company anticipates an auction in February, and sources told Reuters potential bidders include NextEra Energy Inc of Juno Beach,...

  • The Thomson Reuters/ University of Michigan index of consumer sentiment unexpectedly rose in early October to its highest level since July 2007. "The underlying strength of the U.S. economy remains intact," said David Berson, an economist at Nationwide Mutual Insurance in Columbus, Ohio. The data for the sentiment survey was collected between Sept. 25 and Oct. 15, a...

  • Midday Glance: Banks companies Friday, 17 Oct 2014 | 1:21 PM ET

    Bank of America Corp. rose$. 23 or 1.4 percent, to $16.31. Citigroup Inc. rose$. 49 or 1.0 percent, to $50.24. Goldman Sachs rose $4.23 or 2.5 percent, to $176.81.

  • Oct 17- Billionaire investor Mark Cuban said he is buying Netflix Inc shares as he considers the video streaming company to be an acquisition target. Netflix shares were down 1.3 percent at $357.03 in midday trading on the Nasdaq. They earlier traded as low as $341.50, down 5.6 percent, after Goldman Sachs slashed its price target on the stock to $450 from $550,...

  • BUZZ-Netflix Inc: Goldman slashes price target Friday, 17 Oct 2014 | 11:40 AM ET

    3.8 pct at $347.87 in late morning trading. **Goldman Sachs slashes price target on stock to $450 from $550, citing company's slower-than-expected new subscriber growth in Q3. **Stock has median price target of $425- Thomson Reuters data.

  • *Italy's Monte Paschi seen at risk. LONDON, Oct 17- Violent swings on financial markets in the past week have deepened investors' anxiety about what Europe's review of the health of its banks will reveal later this month. Concerns range from losses on bond portfolios held by banks in peripheral euro zone economies such as Italy or Greece to the greater difficulty...

  • Oct 17- Shares of fiber network company Zayo Group Holdings Inc jumped as much as 20 percent in their market debut on Friday as investors bet on the growing demand from businesses for ultra-fast Internet. The stock touched a high of $22.85 on the New York Stock Exchange, valuing the company at about $5.35 billion. The offering raised about $400 million after it was...

  • Early Glance: Banks companies Friday, 17 Oct 2014 | 10:39 AM ET

    Bank of America Corp. rose$. 21 or 1.3 percent, to $16.29. Citigroup Inc. rose$. 60 or 1.2 percent, to $50.35. Wells Fargo rose$. 60 or 1.2 percent, to $48.73.

  • Fiber network company Zayo's shares jump in debut Friday, 17 Oct 2014 | 10:05 AM ET

    Oct 17- Shares of fiber network company Zayo Group Holdings Inc rose as much as 17 percent in their market debut on Friday, valuing the company at about $5.2 billion. The stock opened at $21.51 and touched a high of $22.25 in early trading on the New York Stock Exchange. Morgan Stanley, Barclays and Goldman Sachs were lead underwriters for the IPO.

  • *Fighting in Iraq raises political risk. LONDON, Oct 17- Brent crude oil rose above $86 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold, and as fighting in Iraq increased political risk. "Prices have likely overshot to the downside," said Jeffrey Currie, head of oil analysis at Goldman Sachs.

  • NEW YORK, Oct 17- Top Goldman Sachs Group Inc executives are determined to keep compensation costs under control. Sources familiar with the matter inside Goldman Sachs described the restraint as a sign of the shifting mentality about bonuses at the bank: it wants to tightly control compensation, even if it has good quarters with big revenue gains.