Goldman Sachs

Before his epic collapse this week losing an estimated $8 billion or possibly in 10 days, hedge fund trader Bill Hwang increased the size of his fortune a staggering 900% or more in just seven years.

Enormous losses at Archegos Capital Management have cast a rare spotlight on the growing influence of below-the-radar institutions around the globe called family offices

A U.S. judge on Wednesday dismissed litigation accusing 10 large banks of conspiring to suppress competition in the now $21.2 trillion market for U.S. Treasury securities.

Losses at Archegos Capital Management have triggered the liquidation of positions approaching $30 billion in value, The Wall Street Journal has reported, and sent the shares of two major investment banks tumbling. Archegos is run by former Tiger Asia manager Bill Hwang. What do we know about Mr. Hwang?

The Chick-a-fil-A drama, others at Goldman tell FOX Business, is part of a broader cultural revolution at the prestigious white shoe investment bank.

An elaborate slideshow, which was shared with managers, includes testimonials of working 20-hour shifts that one worker called “inhumane.”

The gripes come from a disgruntled group of 13 first-year analysts in Goldman’s investment banking unit who surveyed themselves about their work woes — and then organized them into a detailed PowerPoint presentation that has since spilled onto social media.

On Wednesday top Goldman Sachs partners met with consultants about plotting a return to the office and how it might include new technology, like Zoom, which allows people more freedom to work remotely as well as in the office.  

Former Goldman Sachs executive Michael Daffey has purchased disgraced financier Jeffrey Epstein's Manhattan mansion for $51 million.

Australia native Michael Daffey retired after serving as Goldman's global markets chairman in charge of remodeling trade in Europe after Brexit — and also after making a killing in Bitcoin.

During the annual Credit Suisse virtual financial services forum in February, Solomon said remote work is "an aberration that we are going to correct as quickly as possible."

Omer Ismail, a Goldman partner and the head of its Marcus consumer unit, is leaving the bank to run a recently announced Walmart financial-technology startup.

These 38 stocks had the largest bets against them of any Russell 3000 stocks as of January 29, according to Goldman Sachs.

Wells Fargo Chief Executive Officer Charles Scharf's annual pay fell by about $3 million, or 12%, in 2020, a regulatory filing showed on Friday.

The bank will withhold $174 million in compensation from current & former execs

Goldman Sachs Group reported strong fourth-quarter results bolstered by record revenue from deal making and the best trading environment in a decade.

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.

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. 

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.

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.