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Goldman Sachs Group Inc

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  • 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...

  • Final Glance: Banks companies Friday, 19 Dec 2014 | 6:41 PM ET

    Bank of America Corp. rose$. 09 or. 5 percent, to $17.62. Citigroup Inc. fell$. 09 or. 2 percent, to $54.01. Goldman Sachs rose $1.67 or. 9 percent, to $193.28.

  • Dec 19- Canadian performance company Cirque du Soleil has hired investment bank Goldman Sachs Group Inc to help in its previously disclosed effort to find a strategic partner, a spokeswoman for the company said on Friday. Cirque du Soleil will appeal to both private equity firms and large media companies that are looking to increase their exposure to live...

  • MEXICO CITY, Dec 19- Mexican central bankers worry that a sustained weakening of the peso could stoke inflation and say risks to growth and prices have deteriorated on falling oil prices, slack consumer demand and weak economic activity, minutes showed on Friday. The central bank intervened on Dec. 11, selling $200 million to prop up the currency.

  • Midday Glance: Banks companies Friday, 19 Dec 2014 | 1:25 PM ET

    Bank of America Corp. rose$. 05 or. 3 percent, to $17.58. Citigroup Inc. fell$. 11 or. 2 percent, to $53.99. Goldman Sachs rose $1.55 or. 8 percent, to $193.16.

  • Dec 19- Shares of cancer drug developer Juno Therapeutics Inc soared as much as 65 percent in their market debut on Friday, capping a big year for biotech IPOs. Shares were priced at $24 per share, above the expected $21- $23. As of Sept. 30, Seattle- based Juno had raised about $314 million in private venture funding from investors including Amazon.com Inc co-founder...

  • PARIS/ LONDON, Dec 19- Bargain hunters may have to think twice before scooping up shares of beaten-down oil services companies, as a slump in crude prices raises questions about their ability to pay back debt. "People are just starting to dump these bonds given the trajectory of oil prices," Saxo Bank Chief Investment Officer Steen Jakobsen said.

  • Goldman names two new board members Friday, 19 Dec 2014 | 11:54 AM ET

    Dec 19- Goldman Sachs Group Inc said it added two independent directors, raising the number of board members to 14.. The appointments of Mark Flaherty, 55, and Mark Winkelman, 68, was effective from Thursday. Winkelman, a former co-head of Goldman's fixed-income division, retired from the bank in 1994. He currently serves on the board of brewer Anheuser-Busch...

  • Early Glance: Banks companies Friday, 19 Dec 2014 | 10:20 AM ET

    Bank of America Corp. rose$. 11 or. 6 percent, to $17.64. Citigroup Inc. fell$. 09 or. 2 percent, to $54.01. Goldman Sachs rose $1.87 or 1.0 percent, to $193.48.

  • Final Glance: Banks companies Thursday, 18 Dec 2014 | 8:08 PM ET

    Bank of America Corp. rose$. 27 or 1.6 percent, to $17.53. Citigroup Inc. rose $1.65 or 3.1 percent, to $54.10. US Bank rose $1.42 or 3.2 percent, to $45.34.

  • Moving target: How China steel data masks scale of glut Thursday, 18 Dec 2014 | 4:00 PM ET

    SINGAPORE/ BEIJING, Dec 19- China appears to have been routinely underestimating output from its sprawling steel sector, with official figures for last year alone 40 million tonnes below a key industry estimate- an amount equivalent to Germany's entire annual production. "It is not satisfactory to have doubts about the accuracy of steel production statistics,...

  • Investors say 'bye,' but not 'ciao,' to stock pickers Thursday, 18 Dec 2014 | 3:52 PM ET

    NEW YORK— Stock pickers might as well wear a scarlet "A." "Active management" is becoming more of a taboo when it comes to mutual funds. Bill Miller, for example, became famous for guiding his fund at Legg Mason to better returns than the Standard& Poor's 500 index for 15 straight years.

  • NEW YORK, Dec 18- Goldman Sachs Group Inc has promoted John Waldron to co-head of its investment banking business, replacing John S. Weinberg, a vice chairman whose family has been in the senior echelons of the investment bank since the 1920 s. Waldron, 45, will lead the investment banking business alongside existing co-heads Richard Gnodde and David Solomon.

  • NEW YORK, Dec 18- John S. Weinberg, whose family has been in the senior echelons of Goldman Sachs since the 1920 s, is moving from his position overseeing the investment banking division to a firmwide client development role, the bank said on Thursday. John E. Waldron has been promoted to replace Weinberg as a third co-head of investment banking, along with Richard...

  • Midday Glance: Banks companies Thursday, 18 Dec 2014 | 1:48 PM ET

    Bank of America Corp. rose$. 17 or 1.0 percent, to $17.43. Citigroup Inc. rose $1.18 or 2.2 percent, to $53.63. Goldman Sachs rose $5.02 or 2.7 percent, to $190.05.

  • Midday movers: Microsoft, Rite Aid, Pfizer & more Thursday, 18 Dec 2014 | 12:43 PM ET

    Some of Thursday's midday movers:

  • Early Glance: Banks companies Thursday, 18 Dec 2014 | 11:11 AM ET

    Bank of America Corp. rose$. 17 or 1.0 percent, to $17.43. Citigroup Inc. rose $1.15 or 2.2 percent, to $53.60. Goldman Sachs rose $5.46 or 3.0 percent, to $190.49.

  • Final Glance: Banks companies Wednesday, 17 Dec 2014 | 7:08 PM ET

    Bank of America Corp. rose$. 54 or 3.2 percent, to $17.26. Citigroup Inc. rose $1.28 or 2.5 percent, to $52.45. Goldman Sachs rose $1.72 or. 9 percent, to $185.03.

  • TABLE-Reuters U.S. primary dealer poll results Wednesday, 17 Dec 2014 | 6:46 PM ET

    NEW YORK, Dec 17- These are the results of Reuters poll of U.S. primary dealers following the latest Federal Open Market Committee meeting on Wednesday. For the related story click. Primary Dealer When do Will the Where do Where do Would a.

  • Midday Glance: Banks companies Wednesday, 17 Dec 2014 | 1:17 PM ET

    Bank of America Corp. rose$. 36 or 2.2 percent, to $17.08. Citigroup Inc. rose$. 67 or 1.3 percent, to $51.84. Goldman Sachs rose $2.66 or 1.5 percent, to $185.97.