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Goldman Sachs Group Inc

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  • SHANGHAI, Jan 26- Iron ore prices hit their lowest in 5-1/ 2 years on Monday despite some loss-making Chinese steel mills curbing output, as ore supplies remained abundant and as concerns persisted about the outlook for economic growth in China this year. The benchmark 62 percent grade iron ore for immediate delivery to China fell 3.9 percent to $63.30 a tonne to...

  • *Shanghai copper hits downside limit, at lowest since July 2009. SINGAPORE, Jan 26- London copper tumbled as much as 3 percent on Monday to its lowest level since 2009 as a stronger dollar fueled an aggressive sell-off that dragged down prices in Shanghai by 5 percent. A slide in the euro to 11- year lows against the dollar after Greece's Syriza party promised to roll...

  • Shanghai copper falls 4 pct to lowest since July 2009. SINGAPORE, Jan 26- London copper fell almost 2 percent to its weakest level in nearly two weeks on Monday, pressured by a stronger dollar as the euro stumbled after Greece's Syriza party, set to win a snap election, promised to roll back austerity measures. It touched a session low of $5,415, its weakest since Jan. 14...

  • SINGAPORE, Jan 26- London copper futures fell for a third session running on Monday as the dollar gained against the euro after Greece's Syriza party promised to roll back austerity measures as it is set to win a snap election. *Syriza's Alexis Tsipras is on course to become prime minister of the first euro zone government openly opposed to austerity policies...

  • HONG KONG, Jan 26- Li Ka- shing's hectic start to 2015 has meant record Asia M&A, loan and equity deals so far this month- good news for investment bankers close to the 86- year-old Hong Kong tycoon's empire. The brisk business- $108 billion of Asia M&A makes it the best start to a year, according to Thomson Reuters data- raises hopes that the Chinese Year of the Goat could...

  • FRANKFURT, Jan 25- Deutsche Bank will remember Thursday, Jan. 8 as the start of "Duesselgate," a nickname born not of wrongdoing, but from the shockwaves sent by a speech given in Germany's former industrial heart. "Deutsche Bank is pretty much alone in Europe with this claim," he said only weeks after the group decided to examine its business model from head to toe.

  • LONDON, Jan 25- The growing ranks of the super rich and their increased appetite for risk have caught the eye of investment bankers. Traditionally focused on companies and institutions, investment banks are hiring staff and reorganising teams to cater to wealthy clans, from Chinese multi-millionaires to old world dynasties in Europe and the United States.

  • Final Glance: Banks companies Friday, 23 Jan 2015 | 6:04 PM ET

    Bank of America Corp. fell$. 36 or 2.2 percent, to $15.73. Citigroup Inc. fell$. 95 or 1.9 percent, to $48.62. Goldman Sachs fell $1.55 or. 9 percent, to $180.49.

  • *Credit Suisse cuts Exxon to' underperform'. NEW YORK, Jan 23- U.S. stocks fell modestly on Friday, pressured by underwhelming corporate news including guidance from economic activity bellwether UPS and as materials stocks fell after bearish notes. Materials shares weighed on the S&P 500, falling 1.6 percent after Goldman Sachs cut its price target on various...

  • *UPS shares fall after outlook, FedEx also lower. NEW YORK, Jan 23- U.S. stocks fell modestly on Friday, pressured by some disappointing results from major multinational companies, which offset optimism triggered by the European Central Bank's recent decision to buy bonds and boost euro zone growth. UPS was the largest drag on the S&P 500 after its guidance...

  • Midday Glance: Banks companies Friday, 23 Jan 2015 | 1:31 PM ET

    Bank of America Corp. fell$. 16 or 1.0 percent, to $15.93. Citigroup Inc. fell$. 48 or 1.0 percent, to $49.09. Wells Fargo fell$. 16 or. 3 percent, to $53.61.

  • Early Glance: Banks companies Friday, 23 Jan 2015 | 11:24 AM ET

    Bank of America Corp. fell$. 09 or. 6 percent, to $16.00. Citigroup Inc. fell$. 28 or. 6 percent, to $49.30. Goldman Sachs rose$. 19 or. 1 percent, to $182.23.

  • Final Glance: Banks companies Thursday, 22 Jan 2015 | 6:05 PM ET

    Bank of America Corp. rose$. 68 or 4.4 percent, to $16.09. Citigroup Inc. rose $1.83 or 3.8 percent, to $49.57. Goldman Sachs rose $4.89 or 2.8 percent, to $182.04.

  • Midday Glance: Banks companies Thursday, 22 Jan 2015 | 1:29 PM ET

    Bank of America Corp. rose$. 41 or 2.7 percent, to $15.82. Citigroup Inc. rose $1.34 or 2.8 percent, to $49.08. Goldman Sachs rose $3.04 or 1.7 percent, to $180.19.

  • Early Glance: Banks companies Thursday, 22 Jan 2015 | 12:09 PM ET

    Bank of America Corp. rose$. 08 or. 5 percent, to $15.48. Citigroup Inc. rose$. 55 or 1.2 percent, to $48.29. Goldman Sachs rose$. 79 or. 4 percent, to $177.94.

  • The socialist-run OPEC member's economy shrank 2.8 percent in 2014 while inflation topped 64 percent, the socialist leader announced in a speech to parliament, in what is almost certainly the worst performance in Latin America. With oil prices down by more than half since mid-2014, Venezuela's economic mess has hit Maduro's popularity hard and threatened...

  • LONDON, Jan 22- Copper slipped on Thursday from one-week highs hit the session before as oversupply in the market was highlighted by climbing inventories and as consumers waited for weaker prices. Copper inventories on the London Metal Exchange rose 5,925 tonnes on Thursday to 225,375 tonnes, bringing the increase this month to 27 percent.

  • *ECB planned bond buys reported at 50 billion euros a month. *Euro steady near $1.16, bond yields nudge up. LONDON, Jan 22- European shares were at a seven-year high and the euro sat near an 11- year low on Thursday as the European Central Bank prepared to take the plunge into full-scale quantitative easing.

  • Goldman's Cohn: "We are in currency wars" Thursday, 22 Jan 2015 | 3:47 AM ET

    DAVOS, Switzerland, Jan 22- Countries around the world are already engaged in a currency war in a bid to boost growth, Gary Cohn, the president and chief operating officer of Goldman Sachs, said on Thursday. "We are in currency wars," Cohn told a panel discussion at the World Economic Forum in Davos, Switzerland. "The prevailing view is that the easy way to stimulate...

  • Final Glance: Banks companies Wednesday, 21 Jan 2015 | 6:01 PM ET

    Bank of America Corp. rose$. 15 or 1.0 percent, to $15.41. Citigroup Inc. rose$. 48 or 1.0 percent, to $47.74. Goldman Sachs rose $1.52 or. 9 percent, to $177.15.