News
GS-PRD
22.37
+0.31%
0.07
Oil prices ease on prospect of persistently high US interest rates
Oil prices ease on prospect of persistently high US interest rates. U.S. Jobs data pointed to higher interest rates for longer and easing tensions in the Middle East. The market largely shrugged off sanctions on Venezuela and Iran. Brent crude oil futures fell 0.3% to $86.88 a barrel.
Reuters · 1h ago
UPDATE 1-Goldman Sachs hikes Brent crude forecasts for 2024 and 2025
Goldman Sachs raises its Brent crude oil price forecasts for 2024 and 2025. The bank says prices likely to stay at higher end of its forecast range. It cites disappointing U.S. Supply and a likely sticky geopolitical risk premium. Brent crude prices held a three-week low on Thursday.
Reuters · 1h ago
EXCLUSIVE-JPMorgan dealmakers Lipsky and Lee are leaving the bank, sources say
JPMorgan dealmakers Andy Lipsky and Haidee Lee are leaving the bank, sources say. The exits follow the departure of Phil Ross, a 25-year JPMorgan veteran. Lee is returning to Goldman Sachs, sources said. The bank has faced a string of prominent departures in recent months.
Reuters · 5h ago
JPMORGAN DEALMAKER HAIDEE LEE LEAVING TO JOIN GOLDMAN SACHS, SOURCES SAY
Reuters · 6h ago
Goldman Sachs: Prospectus [Rule 424(b)(2)]
Press release · 13h ago
UPDATE 3-Beauty group Puig seeks $15 bln valuation in Spanish IPO
Beauty group Puig seeks $15 bln valuation in Spanish IPO. To sell shares between 22 euros and 24.5 euros apiece. Barcelona-based company aims to raise as much as 3 billion euros in the IPO. Puig family to retain majority stake in Spain's largest initial public offering for a decade.
Reuters · 13h ago
CORRECTED-BREAKINGVIEWS-Wells Fargo has worn its dunce cap long enough
Wells Fargo was prohibited from getting bigger for a series of flagrant customer abuses. John Foley says the bank has worn its dunce cap long enough. He says the $2 trillion cap on assets is costly to Wells Fargo. The bank missed out on $540 billion of deposit growth, he says.
Reuters · 14h ago
BUZZ-Lithium Americas slides on deep-discounted $275 mln equity offering
U.S.-listed shares of Lithium Americas LAC.N down 20.2% premarket to $5.29, over 1-mth low. Company sells 55 mln shares at $5, 24.6% discount to stock's last sale, for $275 mln equity offering. Co to use proceeds to advance construction/development of Nevada lithium project.
Reuters · 16h ago
GOLDMAN SACHS <GS.N>: BOFA GLOBAL RESEARCH ADDS STOCK TO ITS US 1 LIST
Reuters · 16h ago
Walmart-backed Ibotta targets up to $2.7 bln valuation in US IPO
Walmart-backed Ibotta targets up to $2.7 bln valuation in US IPO. Digital marketing company will likely raise $577.3 million in its IPO. The company plans to sell 6.6 million shares of its class A common stock at $88 apiece.
Reuters · 23h ago
Banks falling behind on messaging app scrutiny, survey finds
Survey finds banks falling behind on monitoring and archiving of all business-related communications using personal messaging apps. 63% of compliance executives say they are monitoring staff usage of WhatsApp for compliance purposes. Just 27% said they are investing in communications surveillance capabilities, survey finds. Banks fall behind on messaging app scrutiny, compliance firm SteelEye says.
Reuters · 1d ago
GOLDMAN SACHS <GS.N>: BOFA GLOBAL RESEARCH RAISES PRICE OBJECTIVE TO $478 FROM $450
Reuters · 1d ago
GOLDMAN SACHS ANNOUNCES REDEMPTION OF ALL OUTSTANDING DEPOSITARY SHARES REPRESENTING INTERESTS IN ITS 6.375% FIXED-TO-FLOATING RATE NON-CUMULATIVE PREFERRED STOCK, SERIES K
Reuters · 2d ago
UPDATE 1-Big banks led by Citi continue to trim staff to cut costs
Big banks led by Citi continue to trim staff to cut costs in the first quarter. Headcount at Bank of America, Wells Fargo and PNC Financial declined by about 2,000 jobs combined. Banks are under pressure to control costs due to uncertain economic outlook. JPMorgan Chase added 2, thousand employees in first quarter to 311,921.
Reuters · 2d ago
Goldman Sachs: Prospectus [Rule 424(b)(2)]
Press release · 2d ago
UPDATE 1-Goldman sees oil staying at higher end of its forecast range
Goldman Sachs sees oil prices staying at higher end of its forecast range. Analysts cite disappointing U.S. Supply and a likely sticky geopolitical risk premium. Oil prices were largely steady on Tuesday after the U.s. Announced plans to hit Iran with sanctions after its attack on Israel.
Reuters · 2d ago
Big banks led by Citi continue layoffs amid pressure to cut costs
Big banks led by Citi continue layoffs amid pressure to cut costs. Bank of America, Wells Fargo and PNC Financial together cut more than 2,000 jobs in the first quarter. Citigroup saw the biggest drop in its headcount, down by 2,500 employees. JPMorgan Chase added 2,200 employees in first quarter to 311,921.
Reuters · 2d ago
Wall Street bosses cheer investment banking gains but stay cautious
Wall Street bosses cheer investment banking gains but stay cautious. Investment banking revenues jumped 16% to $7 billion in the first quarter for largest U.S. Banks. Morgan Stanley, Goldman Sachs, JPMorgan Chase and Citigroup reported strong results. Capital markets led the comeback in investment banking, executives say.
Reuters · 2d ago
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About GS-PRD
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.