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Goldman Sachs Group Inc

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  • NEW YORK, July 26- A deal to resolve a U.S. regulator's claims against Goldman Sachs Group Inc over mortgage-backed securities sold to Fannie Mae and Freddie Mac leading up to the financial crisis could cost the bank between $800 million and $1.25 billion, according to a person familiar with the matter.

  • Private equity’s free pass Saturday, 26 Jul 2014 | 11:00 AM ET

    As regulatory regimes go, oversight of broker-dealers is much stricter than it is for investment advisers.

  • BUENOS AIRES, July 26- Argentina looks set to default on its debt for the second time in 12 years next Thursday as negotiations with "holdout" investors seemingly go nowhere and neither side shows signs of blinking first, though a last minute deal can't be discounted.

  • Argentina debt talks deadlocked as default looms Friday, 25 Jul 2014 | 4:45 PM ET

    Argentina will default for the second time in 13 years if it cannot reach a deal with the U.S. hedge funds before July 30. Following a U.S. judge's order, Argentina can't pay investors who accepted lower-valued bonds after its record $100 billion default in 2001 unless it also pays off creditors who didn't participate in previous bond swaps.

  • *Visa, Amazon decline as earnings disappoint. NEW YORK, July 25- U.S. stocks closed lower on Friday in a broad consumer discretionary-led selloff after Visa and Amazon, a pair of closely watched bellwether names, reported disappointing results.

  • July 25- Goldman Sachs downgraded its global equities allocation to neutral on a short-term basis on Friday, even though the brokerage remains overweight stocks for the longer term. Dividing the world up by regions, Goldman is overweight in Europe and Japan and underweight in the United States.

  • July 25- Goldman Sachs downgraded its global allocation to equities to neutral on a short-term basis on Friday, even though the brokerage remains overweight stocks for the longer term, it said in a research note.

  • NEW YORK, July 25- Even if data next week shows a mediocre rebound in U.S. economic growth, that might be enough to keep the stock market aloft at record highs and the Federal Reserve steadfast in its winding down of stimulus through bond purchases.

  • Brian Zwerner, a former manager of Bank of America's municipal derivatives desk, was sentenced to spend three years on probation and pay a $10,000 fine by U.S. According to court papers he has also agreed to pay Bank of America $890,000 and settle related U.S. Securities and Exchange Commission civil charges.

  • NEW YORK, July 25- A business unit of Citigroup will pay $5 million to settle civil charges that one of its private trading venues violated federal law by failing to protect clients' confidential trading data, U.S. regulators said on Friday.

  • *Copper to underperform other base metals in next year-Goldman. LONDON, July 25- Copper slipped on Wednesday, under pressure from the prospect of increased supplies from Indonesia, but further falls were limited by encouraging economic data from top consumer China.

  • *Indonesia reaches copper exports deal with Freeport. *Copper to underperform other base metals in next year-Goldman. LONDON, July 25- Copper was steady on Friday, remaining near to a 4-1/ 2 month peak, on positive factory data from China, but news of increased supply prospects from Indonesia dampened early gains.

  • The licence for New Kansai International Airport, which will be bundled with the operating rights for smaller Osaka International Airport, should fetch at least 2 trillion yen, Keiichi Ando, the chief executive of the government-owned New Kansai International Airport Co, told reporters.

  • *Copper to underperform other base metals in next year-Goldman. LONDON, July 25- Copper rose on Friday, just short of a 4-1/ 2 month peak, on positive factory data from China and was set to rise more than 2 percent this week. "Copper had a strong day yesterday but is more muted today.

  • SYDNEY, July 25- London copper edged down on Friday but was still set to log its fifth weekly advance in six, with investors more bullish on metals on expectations the global economy is on a firmer footing and on a brighter outlook for top consumer China.

  • Final Glance: Banks companies Thursday, 24 Jul 2014 | 6:22 PM ET

    Bank of America Corp. rose$. 10 or. 6 percent, to $15.62. Citigroup Inc. fell$. 09 or. 2 percent, to $50.09. Goldman Sachs fell$. 56 or. 3 percent, to $176.26.

  • BOSTON, July 24- Billionaire investor Kenneth Griffin, who oversees $20 billion at hedge fund Citadel LLC, filed for divorce from his wife citing "irreconcilable differences," according to court filings seen by Reuters on Thursday.

  • Midday Glance: Banks companies Thursday, 24 Jul 2014 | 1:23 PM ET

    Bank of America Corp. rose$. 09 or. 5 percent, to $15.61. Citigroup Inc. rose$. 02 or percent, to $50.20. Goldman Sachs fell$. 39 or. 2 percent, to $176.43.

  • Morgan Stanley paying $275M to settle SEC charges Thursday, 24 Jul 2014 | 1:08 PM ET

    WASHINGTON— Morgan Stanley has agreed to pay $275 million to settle U.S. civil charges that it misled investors about risky mortgage bonds it sold ahead of the 2008 financial crisis. The SEC said Morgan Stanley failed to accurately disclose the delinquency status of home mortgages backing two securities deals that it financed and sold in 2007..

  • Energy Future seeks longer bankruptcy as it scraps plan Thursday, 24 Jul 2014 | 12:08 PM ET

    July 24- Energy Future Holdings, the largest power company in Texas, asked a judge to extend the period in which it controls its Chapter 11 bankruptcy and said it is scrapping its original debt-cutting plan in favor of an auction of its Oncor unit.