Goldman Sachs Newswire

Goldman Sachs Newswire

Comprehensive Real-Time News Feed for Goldman Sachs.

Results 1 - 20 of 10,794 in Goldman Sachs

  1. Goldman Sachs admits US fines for mis-selling toxic mortgages could escalate to A 3.8bnRead the original story w/Photo

    19 min ago | This Is Money

    Goldman Sachs has admitted its fine for mis-selling toxic bundles of mortgage debt before the financial crisis could be A 1.4billion bigger than previously feared. The Wall Street giant is in advanced talks with the US Department of Justice, which is expected to announce a settlement in the coming weeks.

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  2. Petco hires Goldman Sachs for sale or IPO-sourcesRead the original story

    48 min ago | Reuters

    Aug 3 Retailer Petco Animal Supply Inc has hired Goldman Sachs Group Inc for a potential initial public offering or sale that could value it at between $4 billion and $5 billion, including debt, according to people familiar with the matter. San Diego-based Petco, which is owned by private equity firms TPG Capital LP and Leonard Green & Partners LP, is working with Goldman Sachs as it seeks an outright sale to another company or private equity group, the people said on Monday.

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  3. Summit Materials Announces Common Stock OfferingRead the original story

    1 hr ago | Business Wire

    Summit expects to grant the underwriters a 30-day option to purchase up to an additional 2,625,000 shares of Class A common stock. Summit intends to use all of the net proceeds from the offering to purchase for cash 3,750,000 newly-issued limited partnership units, or LP Units, from Summit Materials Holdings L.P. , its direct subsidiary, and 13,750,000 outstanding LP Units from certain pre-IPO owners, including affiliates of The Blackstone Group L.P. and certain of the Company's directors and officers.

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  4. UPDATE 5-Bradesco to acquire HSBC Brazil unit, biggest-ever buyRead the original story

    2 hrs ago | Reuters

    ... HSBC, Europe's largest bank by market value, was advised on the deal by its own investment banking unit and Goldman Sachs Group Inc. Bradesco was advised by its Bradesco BBI investment banking unit, as well as JPMorgan Chase & Co and NM Rothschild & ...

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  5. U.K. to Sell $3.1 Billion RBS Stake, First Since BailoutRead the original story

    1 hr ago | The Washington Post

    The sale of a 5.2 percent stake to money managers will cut the taxpayer's holding to about 73 percent, according to a statement on Monday. Citigroup Inc., Goldman Sachs Group Inc., Morgan Stanley and UBS Group AG are arranging the offering.

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  6. What banking problem? 3 questions Union Square's first medical...Read the original story w/Photo

    1 hr ago | Business Journal

    ... really opens the door for those types of banking conversations to take place.' Vita, who previously worked at Goldman Sachs' Healthcare Investment Banking Department, said his company has a number of banking partners to facilitate in-person payment ...

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  7. Goldman Sachs raises range of potential legal costsRead the original story w/Photo

    2 hrs ago | SFGate

    Goldman Sachs Group Inc. raised the upper end of its estimate for "reasonably possible" legal expenses to $5.9 billion, according to a regulatory filing. That is up from its prior upper estimate of $3.8 billion in May comes as the financial firm revealed in the same filing that it was discussing a potential resolution with authorities over risky mortgage-backed securities.

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  8. Goldman Sachs Asset Management Launches New R6 Share Class for Retirement ClientsRead the original story

    2 hrs ago | Business Wire

    )--Goldman Sachs Asset Management announced today that it is launching a new R6 retirement share class across 54 mutual funds, highlighting GSAM's commitment to serving the needs of retirement investors. The new Class R6 shares offer retirement ...

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  9. SecurityScorecard Reinforces Security DNA with New HireRead the original story

    3 hrs ago | Customer Interaction Solutions

    ... savings. , has a PhD in Cryptography, was a CISO at Gilt Groupe, and held security leadership positions at Goldman Sachs, Oracle, and Microsoft. Our staff is made up of veteran security researchers, cryptographers, data scientists, and engineers ...

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  10. CIT Group Finalizes OneWest Bank DealRead the original story w/Photo

    4 hrs ago | GlobeSt.com

    ... LLC , OneWest's parent company, has joined CIT Group as a vice chairman and a member of its board. Formerly of Goldman Sachs, Mnuchin led the investor group that bought the assets of the former IndyMac Bank from the FDIC in March 2009. Al Frank , a ...

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  11. U.K. to Offer $3.1 Billion RBS Stake in First Sale Since BailoutRead the original story

    4 hrs ago | The Washington Post

    ... the bank, is selling 600 million shares to money managers, it said in a statement on Monday. Citigroup Inc., Goldman Sachs Group Inc., Morgan Stanley and UBS Group AG are arranging the offering. The sale marks a watershed in Britain's recovery from ...

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  12. UPDATE 4-Bradesco to acquire HSBC Brazil unit, biggest-ever buyRead the original story

    4 hrs ago | Reuters

    ... HSBC, Europe's largest bank by market value, was advised on the deal by its own investment banking unit and Goldman Sachs Group Inc. Bradesco was advised by its Bradesco BBI investment banking unit, as well as JPMorgan Chase & Co and NM Rothschild & ...

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  13. WeWork was Manhattana s most active tenant in first half of yearRead the original story w/Photo

    5 hrs ago | The Real Deal

    ... eWork community." The year's biggest deal is a six-floor space at 85 Broad Street , the former location of the Goldman Sachs headquarters. [Crain's] - Claire Moses

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  14. Goldman Raises Possible Legal Cost Estimate to $5.9 BillionRead the original story w/Photo

    5 hrs ago | Bloomberg

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Goldman Sachs Group Inc. increased its estimate for reasonably possible legal costs in excess of reserves by 55 percent to $5.9 billion.

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  15. Rising profits at big US banks boost executive pay: KBWRead the original story w/Photo

    5 hrs ago | Channelnewsasia.com

    ... of Citigroup Inc , KBW analysts wrote in a note. Average pay increase was the most at Morgan Stanley , while Goldman Sachs Group Inc paid the most to its top five officers, the analysts wrote. Banks with significant exposure to trading pay more on ...

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  16. Rising profits at big U.S. banks boost executive pay - KBWRead the original story

    6 hrs ago | Reuters

    ... of Citigroup Inc, KBW analysts wrote in a note. Average pay increase was the most at Morgan Stanley, while Goldman Sachs Group Inc paid the most to its top five officers, the analysts wrote. Banks with significant exposure to trading pay more on ...

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  17. DGAP-PVR: telegate AG: Release according to Article 26, Section 1 of...Read the original story

    6 hrs ago | GlobeNewswire

    ... 2015: 1. Listed company: telegate AG Fraunhofer Str. 12a, 82152 Planegg-Martinsried, Germany 2. Notifier: The Goldman Sachs Group, Inc., Wilmington, Delaware, United States 3. Triggering event: Exceeding Threshold 4. Threshold(s) crossed or reached: ...

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  18. Pay for Success doesn't mean Wall Street is recruiting in pre-KRead the original story w/Photo

    7 hrs ago | AEI

    ... a counterproductive misunderstanding on the role of investment banks-or any funder-in social programs. "Is Goldman Sachs leading an effort to start recruiting future analysts and stockbrokers in preschool?" the article asks, referring to a recent ...

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  19. 3 omnichannel trends with identity at their coreRead the original story w/Photo

    7 hrs ago | VentureBeat

    ... are made over mobile devices ( Business Insider ). And according to international investment bank The Goldman Sachs Group Inc , worldwide mobile commerce sales will account for almost half of total web sales by 2018. One of the biggest challenges ...

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  20. Federal Court Approves $335 Million Rali MBS Class Action Global SettlementRead the original story w/Photo

    7 hrs ago | GlobeNewswire

    ... New York, gave final approval to a $235 million settlement with underwriters Citigroup Global Markets Inc ., Goldman Sachs & Co ., and UBS Securities LLC . She also approved a plan for distribution to investors of those funds as well as the ...

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