Thursday, May 24, 2012 6:31 AM IST

Goldman Sachs

The Goldman Sachs Group, Inc. is a bank holding company, that engages in investment banking, securities services, investment management and other financial services primarily with institutional clients. Goldman Sachs was founded in 1869, and is headquartered at 85 Broad Street, in the Lower Manhattan area of New York City. The firm has offices in all major international financial centers, and provides mergers and acquisitions advice, underwriting services, asset management, and securities services to its clients, which include corporations, governments and high net worth individuals around the world. The firm also engages in proprietary trading and private equity deals. It is a primary dealer in the United States Treasury security market. Read More

Articles About Goldman Sachs

A Dell computer logo is seen on a laptop at Best Buy in Phoenix, Arizona, February 18, 2010.
Global Markets Overview - 05/24/2012

By IBTimes AU

U.S. stocks reversed steep losses to finish the day roughly flat, though European stocks and the euro tumbled to 2012 lows amid growing chatter about a potential Greek exit from the euro zone (4:31 am)

MORE TOPICS: AUSTRALIA, FTSE, HANG SENG INDEX, JAPAN, GOLD, COPPER, CHINA, GOLD, DOW JONES, MICROSOFT, BNP PARIBAS

First Wiretap Played At Gupta's Insider Trading Trial

By Reuters

A New York jury on Wednesday heard former Goldman director Rajat Gupta on a FBI wiretap casually discussing business with Raj Rajaratnam, the now-imprisoned hedge fund founder he is accused of tipping off about boardroom secrets. (4:19 am)

MORE TOPICS: RAJ RAJARATNAM, APPLE INC., LLOYD BLANKFEIN, COURT, NEW YORK, INTEL

Spain bails out Bankia, seeks plan for troubled regions

By Reuters UK

Spain announced a 9-billion-euro (7.22 billion pounds) bailout for troubled lender Bankia on Wednesday, while also seeking ways to help its highly indebted regions meet huge refinancing needs that threaten to drag the country deeper into the euro zone crisis. (3:05 am)

MORE TOPICS: UNEMPLOYMENT, EUROPEAN UNION, MANAGEMENT, MORTGAGE

Goldman sets $40 billion clean energy investment plan

By Reuters UK

Goldman Sachs Group Inc <GS.N> plans to channel investments totalling $40 billion (25.49 billion pounds) over the next decade into renewable energy projects, an area the investment bank called one of the biggest profit opportunities since its e... (2:58 am)

MORE TOPICS: CHINA, MANUFACTURING, RUSSIA, INDIA, THE NEW YORK TIMES, NEW YORK

Spain to inject $11.3 billion funding gap at Bankia

By Reuters

Spain said on Wednesday its rescue of problem lender Bankia would cost at least 9 billion euros ($11 billion), as the government tries to clean up a banking system that threatens to drag the country deeper into the euro zone crisis. (12:12 am)

MORE TOPICS: UNEMPLOYMENT, EUROPEAN UNION, MANAGEMENT, INTERNATIONAL MONETARY FUND, MORTGAGE

Spain to fill 9 billion euro funding gap at Bankia

By Reuters UK

Spain said on Wednesday its rescue of problem lender Bankia <BKIA.MC> would cost at least 9 billion euros (7.2 billion pounds), as the government tries to clean up a banking system that threatens to drag the country deeper into the euro zone crisis. (12:05 am)

MORE TOPICS: UNEMPLOYMENT, EUROPEAN UNION, MANAGEMENT, INTERNATIONAL MONETARY FUND, MORTGAGE

Gupta trial jury told about "top secret" Buffett deal

By Reuters

The deal that gave Goldman Sachs Group Inc a $5 billion boost from renowned investor Warren Buffet at the height of the 2008 financial crisis was "as top secret as you could get," a leading banker testified at the insider-trading trial of onetime Goldman board member Rajat Gupta. (11:44 pm)

MORE TOPICS: RAJ RAJARATNAM, LEHMAN BROTHERS, LLOYD BLANKFEIN, COURT, NEW YORK, INSIDER TRADING

Facebook
Facebook Shares Rise 3% Despite Subpoenas, Lawsuit, Complaints About IPO

By IBTimes

Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose nearly 5 percent Wednesday despite continuing fallout from its May 17 initial public offering. (6:59 pm)

MORE TOPICS: JPMORGAN CHASE, MORGAN STANLEY, NYSE, FACEBOOK, ATTORNEY GENERAL

Spain's Banks In Focus Ahead Of Bankia Rescue Plan

By Reuters

Spain may say on Wednesday how it will plug a hole of at least 8 billion euros ($10.21 billion) at Bankia, part of an effort to clean up a banking sector laden with bad debts and stop the country sinking further into the euro zone debt crisis. (5:05 pm)

MORE TOPICS: EUROPEAN UNION, INTERNATIONAL MONETARY FUND, MORTGAGE, INVESTMENT

Specialist banks cherry pick from lay-offs

By Reuters

Small investment banks and brokerages in Europe are making the most of a hiring shutdown and cuts at bigger rivals, cherry picking staff frustrated by new pay rules and uncertainty over strategy. (1:05 pm)

MORE TOPICS: DEUTSCHE BANK, FIXED-INCOME, RUSSIA, INDIA, EMERGING MARKETS, CREDIT SUISSE