Goldman Sachs Group Inc


  • 'SOB' bankers should be punished: Wall St watchers Friday, 20 Mar 2015 | 12:47 PM ET
    Greenwich Associates founder Charles Ellis is shown at an event in New York.

    How do you improve the culture of Wall Street? Personally punish the industry's bad apples, according to two longtime observers.

  • Why Hillary needs to announce now Friday, 20 Mar 2015 | 10:56 AM ET
    Former U.S. Secretary of State Hillary Clinton

    Hillary Clinton is getting defined as an above-the-law elitist. Here's how she can change the subject. Politico's Ben White explains.

  • Early Glance: Banks companies Friday, 20 Mar 2015 | 10:19 AM ET

    Bank of America Corp. rose$. 17 or 1.1 percent, to $15.78. Citigroup Inc. rose$. 54 or 1.0 percent, to $52.92. Goldman Sachs rose $2.02 or 1.1 percent, to $191.99.

  • 6 seismic shifts that will challenge your business Friday, 20 Mar 2015 | 10:00 AM ET
    Man writing business concept on board

    Innovation is also known as creative destruction for good reason: It wipes out companies. Prepare for these 6 trends before it's too late.

  • *ICE Benchmark Administration operating new process. LONDON, March 20- The new London Bullion Market Association Gold Price went live for the first time on Friday, with Goldman Sachs and UBS joining the four members of the now defunct gold "fix" in setting its electronic replacement. Goldman and UBS joined Barclays, HSBC, Bank of Nova Scotia and Societe Generale to...

  • *Share exchange ratio altered in Holcim's favour. PARIS/ ZURICH, March 20- Switzerland's Holcim and France's Lafarge have agreed new terms for their plan to create the world's top cement firm, giving unhappy shareholders in the Swiss firm a better deal but leaving a key leadership question unanswered. The companies also agreed that Lafarge boss Bruno Lafont...

  • Goldman: EM currencies in for another drubbing Friday, 20 Mar 2015 | 12:54 AM ET

    The greenback is set to extend its rally against emerging market currencies, according to Goldman Sachs.

  • SINGAPORE, March 20- Copper steadied on Friday after rallying 3 percent the session before, with production stopped at one of the world's biggest copper mines as workers blocked access. *Three-month copper on the London Metal Exchange was little changed at $5,855 a tonne at 0119 GMT. *Production has been halted at Freeport-McMoRan Inc's copper mine in Indonesia...

  • Midday Glance: Banks companies Thursday, 19 Mar 2015 | 2:00 PM ET

    Bank of America Corp. fell$. 31 or 1.9 percent, to $15.68. Citigroup Inc. fell $1.27 or 2.4 percent, to $52.45. Goldman Sachs fell $2.42 or 1.3 percent, to $189.90.

  • WASHINGTON, March 19- A top Federal Reserve official on Thursday urged U.S. lawmakers to consider overturning a decades-old rule that allows Morgan Stanley and Goldman Sachs to trade physical commodities, like crude oil cargoes and copper pallets. Asked at a Senate Banking Committee hearing on bank regulation what rules could be strengthened, Fed Governor...

  • *Dublin seen as possible venue for relocation. Faced with the prospect of a Labour government that would hike the top rate of income tax to 50 percent and extract a levy from their bonuses, most financiers are rooting for the re-election of David Cameron's Conservatives, even though that would mean a potentially damaging referendum on Britain's membership of...

  • LONDON, March 19- HSBC went against the overwhelming consensus for euro weakness on Thursday by raising its euro forecast to $1.20 by the end of 2017, arguing that the dollar's explosive rally was nearing its end. The pace of the euro's fall, overwhelmingly one-sided market positioning, stretched valuations, and signs the strong dollar is beginning to have a...

  • Early Glance: Banks companies Thursday, 19 Mar 2015 | 10:22 AM ET

    Bank of America Corp. fell$. 19 or 1.2 percent, to $15.79. Citigroup Inc. fell$. 71 or 1.3 percent, to $53.01. Goldman Sachs fell $1.04 or. 5 percent, to $191.28.

  • Asian markets mostly lower after Wall Street slide Thursday, 19 Mar 2015 | 6:09 AM ET

    Chevron, Exxon Mobil and other energy companies led stocks down. Benchmark U.S. oil sank 70 cents to close at $43.96 a barrel in New York, extending a slump that has slashed prices by more than half over the past year. said Jeff Carbone, a senior partner at Cornerstone Financial Partners in Charlotte, North Carolina. "

  • Bank of America must allow shareholder vote on breakup Wednesday, 18 Mar 2015 | 8:00 PM ET
    Bank of America branch in New York City

    BoA must allow shareholders to vote on a proposal that calls for the company to consider spinning off its investment banking business.

  • Brave new world for the Dow as Apple joins? Wednesday, 18 Mar 2015 | 7:04 PM ET
    Apple CEO Tim Cook speaks during an Apple event in San Francisco, March 9, 2015.

    Apple solidified its Wall Street leadership by officially joining the Dow Jones industrial average after the close on Wednesday.

  • The March 17 decision by the Securities and Exchange Commission, seen by Reuters Wednesday, marks a victory for Bartlett Naylor, a Bank of America shareholder who works for the non-profit Public Citizen. It also represents a reversal for the SEC, which last year rejected nearly identical resolutions filed by Naylor at Bank of America, as well as JP Morgan Chase...

  • WASHINGTON, March 18- The Federal Reserve on Wednesday moved a step closer to hiking rates for the first time since 2006, but downgraded its economic growth and inflation projections, signaling it is in no rush to push borrowing costs to more normal levels. "Just because we removed the word' patient' from the statement doesn't mean we're going to be impatient," Fed...

  • ANALYSIS-ECB's money printing may stymie cash generators Wednesday, 18 Mar 2015 | 3:00 PM ET

    LONDON, March 18- The European Central Bank may well be printing money via its landmark government bond buying programme, but it could also be destroying some of the financial system's own printing presses in the process. Little over a week after the ECB launched its 1 trillion euro' quantitative easing' campaign, financial markets are fretting that there is a...

  • NEW YORK, March 18- Citigroup Inc has sued a Connecticut firm founded by two former Goldman Sachs partners for $25 million over losses incurred during the unexpected surge in the Swiss franc in January. Ron Marks, a co-founder of Tormar Associates, in a statement issued on Wednesday called Citigroup's claims "inaccurate." Danielle Romero-Apsilos, a Citigroup...