CEOs, business groups condemn Capitol Hill protests, violence and urge peace
Business leaders from Wall Street to Silicon Valley joined trade groups across the nation in calling for an end to the protests and violence on Capitol Hill.
Biden quietly adds Goldman Sachs, Big Tech employees to transition team
The Biden transition team has quietly added a group of individuals that will likely face pushback from the progressive wing of the Democratic party, including two Goldman Sachs veterans, one Google employee and three Facebook employees.
Wall Street firms, demonized by Cuomo, de Blasio, ramp up NYC exodus plans
The COVID-19 pandemic is likely to come to an end in 2021, but that doesn’t mean New York City’s biggest employers—the mega banks and Wall Street firms—are rushing to return to the Big Apple
US Supreme Court takes up Goldman securities class action appeal
Goldman is appealing a decision allowing a class action accusing the bank of hiding conflicts of interest when creating risky subprime securities before the 2008 financial crisis.
Biden's plan to forgive student loan debt would do little to boost economy, analysis shows
President-elect Joe Biden is facing mounting pressure from progressives to cancel student loan debt on his first day in the White House – but doing would do little to boost the nation's pandemic-stricken economy, according to a new analysis.
Goldman Sachs applies to acquire joint-venture Chinese securities firm: WSJ
Goldman Sachs Group Inc. is moving to acquire 100% ownership of its securities joint venture in China, deepening its investment in the world’s second-largest economy after partnering with a domestic brokerage for 17 years.
Goldman Sachs eying Florida move for key division, report says
The potential development comes on the heels of several other investment companies moving from the Big Apple to down South — and battering New York’s bottom line with the loss of white-collar jobs.
DOJ was investigating Georgia Sen. Perdue's stock trades: Report
Stock trades made by wealthy Sen. David Perdue, R-Ga., raised the eyebrows of the Justice Department this spring, after they came across an email that suggested he was made aware of “upcoming changes” within a company two days prior to a major stock sale.
Goldman Sachs using drones to close M&A deals during pandemic
Goldman Sachs is using drone technology to conduct virtual tours of companies and close merger and acquisition deals amidst the coronavirus pandemic.
Goldman Sachs to recoup top executives' pay after costly 1MDB fines
Goldman Sachs Group Inc. is seizing tens of millions of dollars from top executives after agreeing to a costly settlement to resolve multiple government investigations into its role in a Malaysian bribery scandal.
Blankfein and Cohn can be deposed in gender discrimination lawsuit against Goldman Sachs: judge
Former top Goldman Sachs executives Lloyd Blankfein and Gary Cohn can be deposed in a gender discrimination lawsuit accusing the Wall Street firm of tolerating a “Boy’s Club,” a New York federal judge ruled Tuesday.
Goldman Sachs rides trading, dealmaking to record earnings
Goldman Sachs Group reported record quarterly earnings driven by continued strength in trading and deal making.
Goldman Sachs offers free COVID-19 testing as employees return to office
Goldman Sachs will introduce coronavirus testing and tracing for its downtown Manhattan headquarters as it moves to get staff back in the office after months of pandemic disruption.
Kamala Harris cheers Wall Street support as big-money donors line up for Biden
America's biggest financial institutions are backing Democratic nominee Joe Biden, banking on a "blue wave" that will create jobs and boost the economy.
The best election outcome for stocks: Goldman Sachs
The fiery but ultimately inconclusive debate between President Trump and Democratic challenger Joe Biden on Tuesday may leave more questions than answers for investors as the tumultuous 2020 election moves into its home stretch.
Deutsche Bank sets July 2021 office return date for U.S. employees
Deutsche Bank set an office return date of July 2021 for its U.S. employees on Wednesday as banks struggle with whether to bring workers back to Manhattan.
Coronavirus vaccine optimism to boost stocks into year-end: Goldman Sachs
Goldman Sachs economists said last week that a faster-than-expected snapback in consumer spending will allow the U.S. economy to grow at a 35% pace in the third quarter, up from its previous forecast of 30% growth.
Goldman Sachs joins JPMorgan in announcing return to work after coronavirus office closures
Goldman Sachs told employees that it would start allowing them to return to work in shifts over the coming weeks.
Citi's new CEO Jane Fraser: 5 things to know
Citibank is tapping Jane Fraser to take over as chief executive, marking the first time a female will lead one of the largest U.S. banks. Here is what you should know about her.
Goldman Sachs joins Ant's up to $30 billion IPO banking syndicate, sources say
Goldman will be a joint lead manager on the Hong Kong leg of the IPO