News
GS-PRC
23.07
+0.30%
0.07
Goldman Sachs Group: Prospectus [Rule 424(b)(2)]
Press release · 2m ago
RPT-BREAKINGVIEWS-Vote no to bashing proxy advisers
Breakingviews: JPMorgan CEO Jamie Dimon bashes proxy advisers in annual letter to shareholders. John Foley says proxy advisers punch above their weight in influencing how companies and investors behave. He says their impact is problematic, but they are the problem. Proxy advisers' views directly affect Dimon and his counterparts, he says.
Reuters · 4h ago
UPDATE 4-Private equity group CVC shares soar on Amsterdam debut
Private equity group CVC shares soar on Amsterdam debut. Shares of CVC Capital Partners gain as much as 25% on their first day of trading in Amsterdam. IPO valued one of Europe's largest buyout firms at around 14 billion euros. CVC said it would raise 2-2.3 billion euros from the deal.
Reuters · 9h ago
UPDATE 3-Microsoft-backed Rubrik's stock jumps 21% in NYSE debut
Microsoft-backed Rubrik's stock jumps 21% in NYSE debut on Thursday. The cybersecurity firm's stock is valued at $6.77 billion. Rubrik provides data security solutions to more than 6,100 customers. The company's stock opened at $38.6 in its debut on the NYSE.
Reuters · 23h ago
BUZZ-Microsoft-backed Rubrik jumps >20% in strong NYSE debut
Microsoft-backed Rubrik jumps >20% in strong NYSE debut. Cybersecurity software firm Rubrik Inc's IPO exceeds expectations. RBRK opens at $38.60, 20.6% above the $32 IPO price. Microsoft is a major shareholder in the company.
Reuters · 23h ago
UPDATE 1-BGC Group's FMX Futures gets funding from banking consortium
BGC Group's FMX Futures gets funding from banking consortium. The exchange platform will rival CME Group in the interest rates derivatives market. FMX is expected to launch in September 2024. The consortium includes Bank of America, Citigroup and Goldman Sachs. BGC Group says its exchange platform valued at $667 million.
Reuters · 1d ago
UPDATE 2-BGC Group's FMX Futures takes aim at 'heavyweight champ' CME
BGC Group's FMX Futures platform joins forces with Wall Street's biggest banks to take on CME Group. FMX currently offers trading in cash U.S. Treasuries and spot currencies. Group of financial firms including Bank of America make minority equity investments in FMX. FMx aims to compete with CME in the interest rates derivatives market.
Reuters · 1d ago
UPDATE 3-BGC Group takes aim at 'heavyweight champ' CME exchange
BGC Group's BGC.O FMX business to take on leading exchange operator CME Group. Financial firms including Bank of America and Goldman Sachs make minority equity investments in FMX. FMX aims to compete with CME in the interest rates derivatives market. CME has 99% of the futures market in America.
Reuters · 1d ago
UPDATE 3-IMF, Ecuador reach four-year, $4 bln staff-level agreement
IMF, Ecuador reach four-year, $4 bln staff-level agreement to underpin a $4 billion extended fund facility. The deal is subject to executive board approval, the IMF said in a statement on Thursday. Goldman Sachs said they expect the program to hinge on a demanding set of requirements.
Reuters · 1d ago
BUZZ-Microsoft-backed Rubrik poised to rise after above-expectations IPO
Cybersecurity software firm Rubrik Inc's RBRK.N shares indicated to open at $37-$39 in its IPO. Rubrik sold 23.5 mln shares above marketed range of $32. Microsoft is a major shareholder in the company and reportedly valued the startup at $4 bln.
Reuters · 1d ago
BREAKINGVIEWS-Vote no to bashing proxy advisers
Breakingviews: JPMorgan CEO Jamie Dimon bashes proxy advisers in annual letter to shareholders. John Foley says ISS and Glass Lewis punch above their weight in influencing companies and investors. He says their impact is problematic, but they are the problem. The proxy advisers' views directly affect Dimon and his counterparts, he says. Foley: Shareholders should vote to support companies rather than bashing them.
Reuters · 1d ago
UPDATE 1-Lazard posts first-quarter profit on jump in assets
Lazard's assets under management rose to $250 billion in the first quarter from $232 billion a year earlier. Firm's asset management revenue rose 4% to $295 million. Revenue at Lazard's financial advisory segment rose 63% in the quarter. Lazard posts first-quarter profit on jump in assets.
Reuters · 1d ago
UPDATE 3-Lazard posts better-than-expected profit on deals, assets boost
Lazard posts better-than-expected profit on deals, assets boost in first quarter. Investment bank's adjusted revenue jumped 42% to $747 million. Firm advised on a string of high-profile mergers and acquisitions in the quarter. Lazard's assets under management rose to $250 billion from $232 billion.
Reuters · 1d ago
UPDATE 4-Lazard profit beats estimates as dealmaking rebound fuels record revenue
Lazard's first-quarter profit beats estimates as dealmaking rebound fuels record revenue. Firmwide and advisory revenues surged to record levels. The bank advised on a string of high-profile deals in the first quarter. Lazard's adjusted revenue jumped 42% to $747 million.
Reuters · 1d ago
UPDATE 2-Lazard posts first-quarter profit on deals, assets boost
Lazard posts first-quarter profit on deals, assets boost. Investment bank's profit boosted by a string of high-profile mergers and acquisitions it advised on in the first quarter. Lazard's assets under management rose to $250 billion in the quarter from $232 billion a year earlier.
Reuters · 1d ago
MOVES-Hidehiro Imatsu named president of Goldman Sachs Japan
Goldman Sachs appoints Hidehiro Imatsu as president of its Japan unit. Imatsu takes the place of Masanori Mochida, who retired last year after 38 years at the investment bank. He will relocate to Tokyo from Hong Kong to take up the role.
Reuters · 1d ago
ANALYSIS-BHP's proposed bid for Anglo American is a big bet on copper
BHP Group's proposed $39 billion buyout of Anglo American is a big bet on copper Metal's price hit a two-year high on LME this week Copper demand boosted by energy, AI applications Chinese companies also eyeing more copper mine deals. Combined, companies would churn out 10% of global output of the red metal.
Reuters · 1d ago
More
Webull provides a variety of real-time GS-PRC stock news. You can receive the latest news about Goldman Sachs Group through multiple platforms. This information may help you make smarter investment decisions.
About GS-PRC
The Goldman Sachs Group, Inc. is a global financial institution that delivers a range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Its segments include Global Banking & Markets, Asset & Wealth Management and Platform Solutions. The Global Banking & Markets segment offers a range of services, including financing, advisory services, risk distribution, and hedging for its institutional and corporate clients. It facilitates client transactions and makes markets in fixed income, equity, currency and commodity products. The Asset & Wealth Management segment manages assets and offers investment products across all asset classes to a diverse set of clients. It also provides investing and wealth advisory solutions. The Platform Solutions segment includes consumer platforms, such as partnerships offering credit cards and point-of-sale financing, and transaction banking and other platform businesses.