Goldman Sachs

The Latest

  • Goldman Sachs Reports Strong Q1 Earnings, Led by Investment Banking Surge
    Goldman Sachs
    Goldman Sachs has reported its highest earnings per share since 2021, marking a significant rebound with a 28% rise in profit to $4.13 billion for the first quarter, or $11.58 per share, surpassing Wall Street expectations of $8.56 per share. This financial uplift was primarily driven by a resurgence in its investment banking sector, which saw a 32% increase in fees, amounting to $2.08 billion.
  • Goldman Sachs Surges in Q4 Earnings, Outshines Wall Street Predictions
    Goldman Sachs
    The company announced a 51% increase in profit from the previous year, reaching just over $2 billion, with revenues of $11.3 billion and earnings per share of $5.48. These figures notably exceeded analysts' expectations of $10.8 billion in revenue and $3.62 earnings per share, as surveyed by FactSet.
  • Patrick Cantlay Loses Million-Dollar Goldman Sachs Deal in Sudden Shift
    RESTART
    The initial agreement with Cantlay, inked for three years, guaranteed the golfer a minimum of $1.1 million annually, supplemented by potential performance bonuses.
  • Goldman Sachs' No.2 Faces Loyalty Test Amid Rising Internal Dissent
    RESTART
    As internal dissatisfaction intensifies, John Waldron, Goldman Sachs' President and COO and the right-hand man to CEO David Solomon, is now in a predicament of choosing sides. If Waldron breaks ranks, Solomon may find himself under siege from all fronts.
  • Goldman Sachs Bullish on Oil: Market Optimism Could Push Prices Up by 16%
    OIL PRICE HIKE
    Goldman Sachs, a significant player in commodity markets, suggests that the steady global economic growth, coupled with ongoing production cuts from OPEC+, could lead to a supply deficit in the oil market for the latter half of the year, consequently boosting oil prices.
  • Goldman Sachs CEO Faces Setback as Key Asset Management Business Sees Wave of Executive Resignations
    RESTART
    Goldman Sachs CEO David Solomon is facing new challenges as a wave of resignations hit the management of the bank's shining star of the second quarter-its asset management business.
  • Former Goldman Sachs Banker Roger Ng Convicted Of Bribery, Money-Laundering Over 1MDB Corruption Case
    1MDB
    U.S. District Judge Margo Brodie, stated that Ng and his co-defendants "effectively stole money" intended for development projects to help the Malaysian people
  • Goldman Sachs Slashes Asset Management Investments Following Dismal Q4 Earnings: Report
    Goldman Sachs sign is seen above floor of the New York Stock Exchange.
    Goldman Sachs will provide further details on its asset plan during Goldman Sachs' investor day on Feb. 28
  • Goldman Sachs Executives Settled Sexism Complaint From Female Partner For $12M: Report
    Goldman Sachs sign is seen above floor of the New York Stock Exchange.
    The former partner alleged that top executives, including CEO David Solomon, made vulgar or dismissive remarks about women at Goldman Sachs.
  • U.S. CEOs Say Americans Should Brace For Recession Amid Tight Labor Market
    JPMorgan CEO
    Goldman Sachs CEO David Solomon and JPMorgan CEO Jamie Dimon both predict a U.S. recession and that the Fed would keep raising rates.
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