News
GS-PRJ
25.20
0.00%
0.00
BUZZ-U.S. stocks weekly: Rattled
S&P 500 drops third-straight week, loses 3% amid rate anxiety, Middle East worries. Tech and Consumer Discretionary most fazed, while Financials and safe havens show spunk. Cboe Volatility Index breaches 20 level as investors stay on the defensive.
Reuters · 58m ago
Wells Fargo bond saleswoman sues over 'unapologetically sexist' workplace
Wells Fargo bond saleswoman sues over 'unapologetically sexist' workplace. Michal Leavitt says bank steered larger accounts toward men and denied pay and promotions to men. The complaint is the latest in a long line of lawsuits accusing big U.S. Banks of bias against women.
Reuters · 2h ago
What to Watch in the Week Ahead and on Monday, April 22
Tesla chief Elon Musk is expected to meet with India's Prime Minister Narendra Modi and announce plans to invest in and build a factory in the country. The week will see many major U.S companies release their financial report cards. Microsoft's revenue expected to have grown 15% as AI investments drive gains in the tech industry. A raft of economic data coming this week will be watched by the Federal Reserve policymakers.
Reuters · 3h ago
UPDATE 2-US regulators mulling bid to limit bonuses for Wall Street execs, WSJ reports
US regulators mulling bid to limit bonuses for Wall Street execs, WSJ reports. Plan would require big banks to defer executive compensation and claw back more of bonuses if losses pile up. The measure could be proposed in coming days, the report says. Executive pay on Wall Street has long been a hot-button issue.
Reuters · 3h ago
LIVE MARKETS-Investors get ready for key week in earnings
Next week is expected to be one of the busiest weeks of the U.S. Earnings season. First-quarter S&P 500 earnings are expected to have risen just 2.9% from the year-ago quarter. Investors get ready for key week in earnings.
Reuters · 4h ago
EXCLUSIVE-JPMorgan dealmakers Lipsky and Lee are leaving the bank, sources say
Andy Lipsky and Haidee Lee, two senior JPMorgan dealmakers, are leaving the bank, sources say. Sources say they are headed to Morgan Stanley and Goldman Sachs, respectively. The exits follow the departure of Phil Ross from the bank. Morgan Stanley declining to comment on the matter.
Reuters · 4h ago
HEDGE FLOW-Hedge funds turn bearish in April, Goldman says
Hedge funds globally have turned bearish in April, Goldman Sachs says. They ditched long positions and added short ones across all regions led by North America, Europe and Asia. The amount of leverage used by hedge funds to borrow for trades declined 1.9% in April. Consumer discretionary stocks drew the most shortsellers.
Reuters · 5h ago
EXCLUSIVE: JPMORGAN DEALMAKER ANDY LIPSKY LEAVING TO JOIN MORGAN STANLEY, SOURCES SAY
Reuters · 7h ago
CURRYS PLC GOLDMAN SACHS GROUP. - HOLDING(S) IN COMPANY
Reuters · 7h ago
EXCLUSIVE-India's Ola Cabs plans $500 mln IPO, to appoint banks soon, sources say
India's Ola Cabs plans $500 mln IPO, to appoint banks soon, sources say. SoftBank-backed Ola is India's answer to Uber UBER.N and plans to file papers for approval within three months. The company is in talks with investment banks, says sources.
Reuters · 8h ago
UPDATE 3-Norway wealth fund backs proposal to split Goldman CEO, chair roles
Norway's $1.6 trillion sovereign wealth fund backs proposal to split Goldman CEO, chair roles. The independence of banks' leadership has been a hot issue since the 2008 global financial crisis. Goldman Sachs has recommended investors reject the proposal. The fund is one of the world's largest investors in Goldman Sachs.
Reuters · 14h ago
Norway wealth fund backs shareholder proposal to split Goldman CEO, chair roles
Norway wealth fund backs shareholder proposal to split Goldman CEO, chair roles. Norway's $1.6 trillion sovereign wealth fund is one of the world's largest investors. The fund says it will vote in favour of a resolution calling for a split of the CEO and board chair roles at Goldman Sachs.
Reuters · 14h ago
UPDATE 11-Oil settles slightly higher as Iran plays down reported Israeli attack
Oil settles slightly higher as Iran plays down reported Israeli attack on its soil. Both benchmarks posted biggest weekly decline since February. Sources say explosions heard in Iranian city of Isfahan in what was reported to be an Israeli attack. Iran played down the incident and said it did plan to retaliate.
Reuters · 20h ago
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 · 20h ago
UPDATE 2-Goldman Sachs, Commerzbank hike Brent crude forecasts
Goldman Sachs, Commerzbank hike Brent crude oil price forecasts. Goldman Sachs projects $86 a barrel for the second half of 2024, up from $85 previously. Commerzerzbank raises its price forecast for Brent to $90 a barrel at the end of second quarter.
Reuters · 21h ago
JPMORGAN DEALMAKER HAIDEE LEE LEAVING TO JOIN GOLDMAN SACHS, SOURCES SAY
Reuters · 1d 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 · 1d 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 · 1d ago
More
Webull provides a variety of real-time GS-PRJ stock news. You can receive the latest news about Goldman Sach through multiple platforms. This information may help you make smarter investment decisions.
About GS-PRJ
The Goldman Sachs Group, Inc. is a global financial institution that delivers a range of financial services to a diversified client base that includes corporations, financial institutions, governments, and individuals. It operates through three segments: 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 various asset classes to a diverse set of clients. It also provides investing and wealth advisory solutions. Platform Solutions include consumer platforms, such as partnerships offering credit cards and point-of-sale financing, transaction banking and other platform businesses.