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Goldman Sachs Group Inc

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  • MF Global Holdings to pay $1.21B in restitution Wednesday, 24 Dec 2014 | 1:39 PM ET

    The Commodity Futures Trading Commission said Wednesday that a New York court required the payment to ensure that claims made of its subsidiary, MF Global Inc., are paid. MF Global Inc. had already settled with the CFTC in 2013. It was required to repay $1.21 billion to its customers, plus a $100 million penalty. MF Global Holdings, the New York- based parent company,...

  • Being choosy paid off for mutual-fund investors in 2014 Wednesday, 24 Dec 2014 | 11:57 AM ET

    NEW YORK— Go big and stay home. Anyone who followed that strategy with their mutual funds in 2014 is likely sitting on another year of healthy returns. Funds that focus on stocks of the biggest companies were some of the year's strongest performers, while U.S. stock and bond funds generally did much better than their foreign counterparts.

  • Early Glance: Banks companies Wednesday, 24 Dec 2014 | 10:23 AM ET

    Bank of America Corp. rose$. 04 or. 2 percent, to $17.97. Citigroup Inc. rose$. 19 or. 3 percent, to $54.61. Goldman Sachs rose$. 08 or percent, to $195.58.

  • Final Glance: Banks companies Tuesday, 23 Dec 2014 | 6:06 PM ET

    Bank of America Corp. rose$. 22 or 1.2 percent, to $17.93. Citigroup Inc. rose$. 46 or. 9 percent, to $54.42. Goldman Sachs rose $1.06 or. 5 percent, to $195.50.

  • Dow 101: The Dow and how it works Tuesday, 23 Dec 2014 | 4:18 PM ET

    Its exclusive roster runs from American Express to Walt Disney. Charles H. Dow created his index, in part, to make the market easier to understand. The original Dow Jones industrial average had 12 big businesses including American Cotton Oil, National Lead and Laclede Gas Light Co. Dow first published his average on May 26, 1896; later that year, The Wall Street...

  • Midday Glance: Banks companies Tuesday, 23 Dec 2014 | 1:22 PM ET

    Bank of America Corp. rose$. 27 or 1.5 percent, to $17.98. Morgan Stanley rose$. 41 or 1.1 percent, to $38.98. US Bank rose$. 41 or. 9 percent, to $46.05.

  • Dec 23- Mortgage insurer Radian Group Inc said it would sell its bond guaranty business to Assured Guaranty Ltd for $810 million to focus on mortgages and real estate and comply with proposed changes to rules governing private mortgage insurers. The U.S. Federal Housing Finance Agency has proposed rules to tighten capital requirements for private insurers...

  • SYDNEY, Dec 23- London copper futures posted modest gains on Tuesday after retreating in the previous session and traders said the metal remained vulnerable to concerns of global oversupply. *The most-traded copper contract on the Shanghai Futures Exchange dipped 0.46 percent to 45,550 yuan a tonne. *Goldman Sachs Group Inc has sold its controversial metals...

  • *China reforms, Australia state sales to drive 2015 growth. Non-state companies from China, including Fosun International and Haitong Securities, have sealed a series of outbound deals this year, a marked change from past years when state-owned enterprises dominated China's mergers and acquisitions. "What we are seeing is companies that haven't been on the...

  • HONG KONG, Dec 23- Announced M&A volume in Asia-Pacific jumped 48 percent in 2014 from a year ago to $802.2 billion, preliminary data from Thomson Reuters shows, the highest volume on record. Goldman Sachs 125,542 Morgan Stanley 120,547 Citigroup 88,409 JPMorgan 80,651 CITIC 79,850 Bank of America Corp 76,853 Deutsche Bank 63,815 Somerley Ltd 62,122 UBS...

  • Goldman Sachs sells metals business to Swiss firm Monday, 22 Dec 2014 | 7:42 PM ET

    NEW YORK— Goldman Sachs says it has sold Metro International Trade Services, a metals storage business that drew lawsuits and congressional scrutiny. The buyer is a unit of Switzerland- based investment firm Reuben Brothers. A Senate report in November found that Goldman Sachs Group Inc. used its stockpile of aluminum, held in warehouses near Detroit, to cause...

  • Final Glance: Banks companies Monday, 22 Dec 2014 | 7:19 PM ET

    Bank of America Corp. rose$. 09 or. 5 percent, to $17.71. Citigroup Inc. fell$. 05 or. 1 percent, to $53.96. Goldman Sachs rose $1.16 or. 6 percent, to $194.44.

  • *Alibaba helps U.S. market hit IPO numbers not seen since 2000. Tuesday's data showed the U.S. market was among the most successful for new issues, thanks in part to the record-breaking listing of Chinese online retailer Alibaba in September, the largest to date. After the bumper Alibaba sale, Saudi Arabia led the listings with National Commercial Bank's $6...

  • Dec 22- Goldman Sachs Group Inc has sold its controversial metals warehousing business to Swiss private equity group Reuben Brothers, the Wall Street bank said on Monday. Reuben Brothers has a history in steel and iron ore investments through its metal trading company Metalloyd. In April, the firm sold its stake in Erus Metals, a small warehousing company based...

  • WASHINGTON, Dec 22- The U.S. Commodity Futures Trading Commission on Monday ordered Deutsche Bank to pay a $3 million fine over charges that it had failed to properly invest customer funds and had made other mistakes in the process. Deutsche Bank neither denied nor admitted the regulator's findings, a court order said. In July, the Federal Reserve Bank of New York...

  • Midday Glance: Banks companies Monday, 22 Dec 2014 | 1:22 PM ET

    Bank of America Corp. rose$. 07 or. 4 percent, to $17.69. Citigroup Inc. fell$. 29 or. 5 percent, to $53.72. Goldman Sachs rose$. 47 or. 2 percent, to $193.75.

  • Early Glance: Banks companies Monday, 22 Dec 2014 | 10:22 AM ET

    Bank of America Corp. fell$. 06 or. 3 percent, to $17.56. Citigroup Inc. fell$. 34 or. 6 percent, to $53.67. Goldman Sachs fell$. 14 or. 1 percent, to $193.14.

  • TOKYO, Dec 22- Japanese stocks briefly hit a two-week high on Monday morning, led by oil-related shares on rebounding crude prices and as Showa Shell Sekiyu surged over 25 percent on a media report of an impending takeover bid. Oil refiner Showa Shell Sekiyu was the highlight of the session, surging 25.6 percent after media reported the oil refiner was in talks to...

  • China stock connect scheme throws up surprises Sunday, 21 Dec 2014 | 9:19 PM ET
    A man talks on the phone inside the Shanghai Stock Exchange building in the Pudong financial district in Shanghai on Nov. 17, 2014.

    A month after the Shanghai-Hong Kong trading link opened, demand has subdued and most activity has come from short-term speculative traders.

  • HONG KONG, Dec 22- A month after China opened up its equity markets in a landmark trading link with Hong Kong, demand has been subdued and the bulk of activity has come from short-term speculative investors. The authorities had hoped mutual and pension funds and private banks would form the bedrock of the Shanghai- Hong Kong stock connect. "We are not participating...