Financials Lloyd Blankfein

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  • Feb 9- Goldman Sachs Group Inc and other U.S. banks are looking at ways to slash expenses further this year as market turmoil, declining oil prices and concerns about Germany's Deutsche Bank AG have sent the sector's shares down sharply. "We can absolutely do a lot more on the cost side if we have to, especially now, when you have to deliver a return," Goldman Chief...

  • Feb 9- Goldman Sachs Group Inc's chief executive officer signaled the U.S. bank could cut costs yet again as market turmoil, declining oil prices and concerns about Germany's Deutsche Bank AG have cratered the sector's shares this year. "We can absolutely do a lot more on the cost side if we have to, especially now, when you have to deliver a return," CEO Lloyd Blankfein...

  • Feb 3- Lloyd Blankfein, chief executive and chairman of Goldman Sachs Group Inc, said on Wednesday he was "feeling great" after his cancer treatment. The New Yorker is credited with helping to keep the company afloat during the financial crisis with an early decision to rein in exposure to risky mortgage-backed securities and a successful appeal to Warren...

  • Feb 3- Lloyd Blankfein, chief executive and chairman of Goldman Sachs Group Inc, told CNBC on Wednesday that he is "feeling great" after the treatment for lymphoma. In his first interview after revealing in September that he had a "highly curable" form of cancer, Blankfein said he had undergone 600 hours of chemotherapy. The Wall Street bank's chairman also discussed...

  • Lloyd Blankfein: Feeling great after my cancer treatments

    Lloyd Blankfein, Goldman Sachs chairman & CEO, shares his experience dealing with treatment after his diagnosis of lymphoma. It was all pretty manageable, says Blankfein.

  • Jan 27- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein will speak at an upcoming financial services conference, marking one of his first public appearances since being diagnosed with lymphoma in September. Blankfein will present on behalf of the Wall Street bank at the Credit Suisse AG financial services forum in Miami Beach in February, Goldman...

  • Jan 25- Healthcare IT company Cerner Corp's Chief Executive, Neal Patterson, said he had been diagnosed with a curable soft tissue cancer and that he planned to start treatment immediately. The Kansas City, Missouri- based company's shares were down about 1.27 percent at $56.65 on Monday. JPMorgan Chase& Co CEO Jamie Dimon revealed in July 2014 that he had a curable...

  • UPDATE 1-Cerner CEO diagnosed with cancer - WSJ Monday, 25 Jan 2016 | 10:28 AM ET

    Jan 25- Healthcare IT company Cerner Corp Chief Executive Neal Patterson has been diagnosed with soft tissue cancer and plans to start treatment immediately while continuing to stay involved in the business, the Wall Street Journal reported. Kansas City, Missouri- based Cerner did not immediately respond to Reuters' request for comment.

  • Goldman, Morgan Stanley CEOs see 2015 pay cuts Saturday, 23 Jan 2016 | 4:56 AM ET
    Lloyd Blankfein

    Wall Street's two marquee investment banks each slightly cut their chief executives' pay after a year that saw profitability fall.

  • Jan 22- Morgan Stanley Chief Executive James Gorman's overall pay fell 7 percent in 2015 as the Wall Street bank saw its shares drop and profitability fail to meet targets. Gorman will receive $21 million in total compensation, down from $22.5 million in the prior year, according to a bank spokesman. Firmwide net revenues in 2015 grew 77 percent to $6.1 billion...

  • Hedge fund billionaire opens shop in Miami Beach Thursday, 21 Jan 2016 | 1:44 PM ET

    Appaloosa recently opened a small office on Washington Avenue in the heart of South Beach, the Miami area's flagship vacation destination, according to public securities filings made this month and to people familiar with the situation. Tepper, 58, a former Goldman Sachs junk bond trader who is worth an estimated $11.6 billion according to Forbes magazine,...

  • Goldman Sachs earnings, revenue top expectations Wednesday, 20 Jan 2016 | 8:05 AM ET
    Goldman Sachs

    Goldman Sachs profit slumped for the third straight quarter as a settlement of crisis-era claims ate into earnings in a tumultuous three months.

  • Inside the new ways Goldman recruits millennials Friday, 18 Dec 2015 | 8:00 AM ET
    Goldman Sachs signage on the floor of the New York Stock Exchange.

    For the last year or so, Goldman Sachs has been selling itself as a technology company.

  • Goldman's Cohn: Blankfein 'in office every day' Tuesday, 3 Nov 2015 | 12:30 PM ET
    Goldman Sachs headquarters in New York City.

    Goldman Sachs CEO Lloyd Blankfein is continuing a busy schedule while battling cancer, his top deputy said Tuesday.

  • Oct 15- Goldman Sachs Group Inc's profit plunged for the second straight quarter as bond trading revenue fell by a third amid market turmoil stemming from concerns about global growth. Goldman joins JPMorgan Chase& Co, Bank of America Corp and Citigroup Inc in reporting a drop in revenue from bond trading. Both JPMorgan and Bank of America reported 11 percent...

  • UPDATE 1-Goldman Sachs profit hit by weak bond trading Thursday, 15 Oct 2015 | 7:54 AM ET

    Oct 15- Goldman Sachs Group Inc reported a sharp drop in profit for the second straight quarter as bond trading revenue fell by a third amid turmoil stemming from concerns about global growth. The Wall Street bank said on Thursday its net income applicable to common shareholders fell 38 percent, to $1.33 billion, or $2.90 per share, from $2.14 billion, or $4.57 per...

  • *Copper prices hit 3- week low, oil down about 2 pct. Shares of Volkswagen suppliers BorgWarner, Honeywell and Delphi Automotive fell after the German carmaker admitted to cheating on vehicle emission tests. BorgWarner shares were down 7.6 percent at $39.37, while Honeywell fell 1.7 percent to $96.04 and Delphi lost 3.6 percent to $74.44.

  • *Copper prices hit 3- week low, oil down about 2 pct. Sept 22- U.S. stocks dropped late Tuesday afternoon, dragged down by investor uncertainty over when the Federal Reserve will raise interest rates and as a selloff in commodities pushed materials shares lower. Copper prices hit a three-week low.

  • Hank Paulson on business concerns with China Tuesday, 22 Sep 2015 | 3:42 PM ET
    China president to meet US business leaders

    CNBC's Michelle Caruso-Cabrera reports on what Henry Paulson plans to address with China President Xi Jinping, and his reaction to Lloyd Blankfein's cancer diagnosis.

  • Goldman's Blankfein to work while battling cancer Tuesday, 22 Sep 2015 | 3:10 PM ET
    Goldman's Blankfein to work while battling cancer

    CNBC's Mary Thompson reports on how Goldman Sachs and CEO Lloyd Blankfein might be affected following his lymphoma diagnosis.