goldman-sachs

Goldman names former DuPont CEO Kullman to board of directors

(Reuters) – Goldman Sachs Group Inc named former chair and chief executive officer of E.I. du Pont de Nemours and Co Ellen Kullman to its board of directors, according to a filing

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Goldman names former DuPont CEO Kullman to board of directors

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Goldman Sachs to settle U.S. rate-rigging lawsuit for $56.5 million

NEW YORK (Reuters) – Goldman Sachs Group Inc has agreed to pay $56.5 million to resolve a U.S. class action lawsuit accusing it and other banks of rigging an interest rate benchmark used in the $553 trillion derivatives market.

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Goldman Sachs to settle U.S. rate-rigging lawsuit for $56.5 million

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Berkshire profit falls 24 percent, keeps Wells Fargo stake

Berkshire is Wells Fargo's largest shareholder. Quarterly net income for Omaha, Nebraska-based Berkshire fell to $7.2 billion, or $4,379 per Class A share, from $9.43 billion, or $5,737 per share, a year earlier. Operating profit, which excludes investment and derivative gains and losses, rose 7 percent to

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Berkshire profit falls 24 percent, keeps Wells Fargo stake

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Alphabet’s unit discloses Snapchat investment

(Reuters) – Alphabet Inc's venture capital arm CapitalG, earlier known as Google Capital, disclosed an investment in Snapchat by adding the social networking firm's logo to a page on its investment portfolio website. CapitalG has not made a formal announcement and it was not clear when Google made the investment. The …

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Alphabet’s unit discloses Snapchat investment

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Goldman Sachs’ profit jumps 58 percent as trading revenue surges

(Reuters) – Goldman Sachs Group Inc reported a 57.9 percent rise in quarterly profit on Tuesday as trading revenue surged.

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Goldman Sachs’ profit jumps 58 percent as trading revenue surges

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Goldman feels the heat in Asia as IPO engine slows

By Denny Thomas and Sumeet Chatterjee HONG KONG (Reuters) – Goldman Sachs failed to make it to the upper echelon of Asia's equity market fee earners for the first time in more than a decade, hit by a squeeze in fees that is prompting the U.S. bank to cut back jobs in the region. Goldman has shared dominance of the Asia Pacific equity capital market arena with UBS and Morgan Stanley since clinching the mandate for China's first privatisation in 1997.

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Goldman feels the heat in Asia as IPO engine slows

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Fed guessing game moves up a gear as Yellen takes stage

The debate over whether the U.S. Federal Reserve is readying an interest rate hike will get its umpteenth airing over the coming week, with all eyes on Chair Janet Yellen to provide some clarity. Amid conflicting signals from the Fed in recent days, central bankers from around the world will gather from Aug. 25 for an annual meeting in the mountains of Jackson Hole, Wyoming, with Yellen due to speak the following day. “Yellen could provide her current assessment of the outlook for job growth, …

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Fed guessing game moves up a gear as Yellen takes stage

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Goldman seeks to force ex-employee in Fed leak case to arbitrate

Goldman Sachs Group Inc filed a lawsuit on Thursday seeking to force a former managing director to arbitrate his claim for legal fees stemming from probes into his alleged use of confidential …

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Goldman seeks to force ex-employee in Fed leak case to arbitrate

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Daimler’s MyTaxi to merge with Hailo to take on Uber: sources

Daimler will deepen its European footprint in the ride-hailing business when its MyTaxi smartphone app unveils an all-share merger deal with U.K. rival Hailo as soon as Tuesday, three sources briefed on the matter told Reuters. It is the latest push by traditional carmakers to enter the taxi ride hailing services market dominated by technology companies like Uber [UBER.UL]. In similar deals earlier this year, Volkswagen took a $300 million stake in Gett and General Motors invested $500 million into Lyft.

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Daimler’s MyTaxi to merge with Hailo to take on Uber: sources

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Renewed oil weakness sparks demand fears

U.S. oil prices topped $50 a barrel in June, boosting optimism a two-year price rout might end. Mounting fears that demand has fallen short of expectations as production increases and rig counts rise has analysts believing that any oil price recovery may be a year or more in the future.

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Renewed oil weakness sparks demand fears

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