January 13, 2023 7:14 am
The layoffs, done predominantly to cut costs in the face of economic headwinds such as high inflation, have affected a number of senior employees too, including those at the vice-president level, people aware of the matter said.
January 09, 2023 5:39 pm
Goldman Sachs to conduct 3,000 job cuts, but the final number is yet to be determined.
December 06, 2022 12:57 pm
FTX's implosion has heightened the need for more trustworthy, regulated cryptocurrency players, and big banks see an opportunity to pick up business, Mathew McDermott, Goldman's head of digital assets, told Reuters.
November 24, 2022 2:26 am
For the fiscal year 2022-23, the investment bank hasn’t cut the GDP growth estimate for India, unlike many other agencies -the country’s economic expansion in the year has been pegged at 7.1 per cent, marginally higher than 7 per cent forecast earlier.
November 21, 2022 11:15 am
Gross domestic product may expand by 5.9% in calendar year 2023 from an estimated 6.9% this year, Goldman economists led by Andrew Tilton wrote in a report Sunday.
November 09, 2022 3:12 pm
Forbes values Liverpool at $4.45 billion, about 10 times what FSG paid.
September 13, 2022 2:33 pm
The move from the banking bellwether is the surest sign yet of a chill that has set in across the industry amid a slump in revenue after record-breaking years.
August 17, 2022 11:54 am
The nation’s sovereign bonds may be added to JPMorgan’s GBI-EM Global Diversified bond index with an initial 10% weightage, analysts Danny Suwanapruti and Santanu Sengupta wrote in a note to clients.
April 09, 2022 1:51 pm
A federal jury found the former banker, Roger Ng, guilty after a nearly two-month trial in which the government’s key witness admitted to being a frequent liar. Even so, jurors found Ng guilty of all three charges after more than two days of deliberation. He could face up to 30 years in prison.
August 30, 2021 8:16 am
As many as 16 domestic and international firms had made presentations before the Department of Investment and Public Asset Management (DIPAM) on August 26 to act as book running lead managers (BRLMs) for the IPO -- touted to be the biggest share sale in the country's history.