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Malaysia open to talks if Goldman pays $7.5 billion, minister says

Malaysia's finance minister said on Friday the government would be ready to discuss dropping criminal charges against Goldman Sachs linked to the 1MDB scandal if the bank pays $7.5 billion in reparations.
Tags: Money, businessNews, Malaysia, Goldman Sachs, Goldman


Goldman Sachs, Bank of America rock earnings

Goldman Sachs reported better-than-expected profits on Wednesday despite higher legal costs as it works through the 1MDB scandal, while Bank of America's earnings were lifted by higher interest rates. Goldman reported mixed operational performance across its trading, investing and lending businesses, while Bank of America saw its profits triple compared to a year earlier. Goldman Chief Executive David Solomon described conditions in the real economy as "quite robust," echoing other bank execut...
Tags: News, Bank Of America, Goldman Sachs, Goldman, David Solomon, Goldman Sachs Bank of America


Goldman Sachs just revealed it made a nice profit off Uber ahead of an IPO it hopes to help run

Goldman Sachs on Wednesday disclosed its sale last year of a stake in Uber. It was part of CFO Stephen Scherr's extended explanation of the Wall Street firm's investing and lending segment.  Goldman's fourth quarter results got a boost from the segment, which makes equity and debt investments in hundreds of companies and has historically been considered a "black box." Uber is considering an initial public offering this year, and may choose Goldman Sachs to help with the deal. It's already sele...
Tags: Ipo, Softbank, Trends, Bloomberg, Silicon Valley, Goldman Sachs, Morgan Stanley, Goldman, Wall Street Journal, Republic of China, Uber Technologies, Scherr, Stephen Scherr


Goldman chief says sorry over ex-banker's role in 1MDB scandal

David Solomon apologises to the Malaysian people for Tim Leissner’s involvementThe chief executive of Goldman Sachs has apologised to the people of Malaysia over the role of a former employee of the bank in the 1MDB scandal.In a rare move for a Goldman chief executive, David Solomon joined the company’s fourth-quarter earnings call and gave an update on investigations into corruption surrounding the Malaysian sovereign wealth fund. He also said the bank was sorry for the effect the fraud had on ...
Tags: Business, World news, Banking, Asia Pacific, Malaysia, Goldman Sachs, Goldman, 1MDB, David Solomon, Tim Leissner


Goldman dealmakers shine in Solomon's maiden quarter

Goldman Sachs Group Inc turned in a better-than-expected profit during David Solomon's first quarter at the helm, helped by dealmakers in the division the new chief executive once oversaw.
Tags: Money, businessNews, Goldman, Goldman Sachs Group Inc, Solomon, David Solomon


Goldman boss apologises for 1MDB scandal

The bank's new chief executive David Solomon also distances the bank from the deal.
Tags: News, Goldman, David Solomon


Radio: Now you can hear the groundbreaking sound of an innovative radio station

There are some rare radio stations that strike such a chord with listeners that they help change the sound of radio and set a standard for stations of the future. Such stations include KFWB, the original KRLA, KHJ, KMET and KROQ, to name a few. One that often gets forgotten in the discussion of such stations is KNX-FM (now KCBS-FM 93.1, aka “Jack-FM”). The Mellow Sound of KNX-FM was a trendsetter in many ways ahead of its time, breaking songs from such varied up-and-coming superstars as Steely D...
Tags: Sport, Radio, Things To Do, Soccer, Goldman, Peter Gabriel, KCBS, KROQ, Newport Beach, San Fernando Valley, KFWB, KDAY, KNX, Tom Kelly, Laboe, LA Oldies


Goldman's revenue beat powered by M&A bankers, equity traders

Goldman Sachs topped analysts' revenue estimates on Wednesday as strength in its equities desk and M&A advisory cushioned losses from bond trading, making it the only Wall Street bank so far to show growth in fourth-quarter trading revenue.
Tags: Money, Wall Street, businessNews, Goldman Sachs, Goldman


Goldman's 4Q profits beat estimates, despite trading worries

NEW YORK (AP) — Investment bank Goldman Sachs swung to a fourth-quarter profit, as the bank's advisory business helped offset a difficult quarter in trading, given the turbulent markets in late 2018.The Wall Street firm said Wednesday... [Author: [email protected]]
Tags: Business, New York, Ap, Goldman Sachs, Goldman




Goldman 4Q profit, revenue top Wall Street expectations

NEW YORK (AP) — Goldman Sachs Group says fourth-quarter net income totaled $2.54 billion, after reporting a loss in the same period a year earlier. The company said Wednesday it had earnings of $6.04 per share. The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for […]
Tags: Business, New York, News, Ap, Goldman, Zacks Investment Research, Goldman Sachs Group


Short Fiction Oppenheim, E Phillips: Advice Limited (1936), v1

Clara, Baroness Linz, a young Englishwoman lately widowed by the death of her Austrian aristocrat husband, sets up in London as ADVICE LIMITED, resolving family and other difficulties. Eleven cases. 1: Thirty-Nine Wooden Boxes 2: An Olympian Debacle 3: Broken Engagements 4: Too Many Dukes 5: The Ritz Hotel Conference 6: Between The 8th Green And The 9th Tee 7: Help For Mr. Goldman 8: The Lonely Man 9: A Family Misunderstanding 10: The Listening Lady 11: A Gift From The Gods ...
Tags: Books, London, ePub Books, Goldman, Phillips Oppenheim, Oppenheim E Phillips, Clara Baroness Linz


General Atlantic names co-heads for financial services: Reuters

NEW YORK, Jan 10 (Reuters) – General Atlantic, a private equity firm that invests in growth companies, has promoted Aaron Goldman and Paul Stamas to co-head its investments in financial services, according to a memo seen by Reuters on Thursday. New York-based General Atlantic, which has $28 billion in assets under management and whose investments include Uber Technologies, AirBnB and Ant Financial, made the change last year. Goldman and Stamas were previously managing directors at the firm. Gold...
Tags: New York, Trends, People, Atlantic, Goldman, Adyen, General Atlantic, Reuters, Etrade, Aaron Goldman, Paul Stamas, Stamas, Reuters General Atlantic, Uber Technologies AirBnB, London Stamas, Jonathan Korngold


Saudi's Riyad Bank picks Goldman to advise on talks with NCB: sources

Saudi Arabia's Riyad Bank has chosen Goldman Sachs to advise on its merger talks with National Commercial Bank, two sources familiar with the matter said.
Tags: Money, Saudi Arabia, businessNews, Goldman Sachs, Goldman, Riyad Bank, National Commercial Bank


Saudi's Riyad Bank selects Goldman to advise on merger talks with NCB: sources | Reuters

Saudi's Riyad Bank selects Goldman to advise on merger talks with NCB: sources | Reuters:Saudi Arabia’s Riyad Bank 1010.SE has picked Goldman Sachs (GS.N) to advise on its merger talks with National Commercial Bank 1180.SE, two sources familiar with the matter said.NCB, the kingdom’s biggest lender by assets, and Riyad Bank have begun preliminary merger discussions, the two banks said in December in a deal that could potentially create a combined bank holding $183 billion in assets.Riyad Bank di...
Tags: Travel, Saudi Arabia, Goldman Sachs, Goldman, Reuters, Riyad Bank, NCB, Rupert Neil Bumfrey, National Commercial Bank, Goldman Sachs GS N


Saudi's Riyad Bank selects Goldman to advise on merger talks with NCB: sources

Saudi Arabia's Riyad Bank has picked Goldman Sachs to advise on its merger talks with National Commercial Bank, two sources familiar with the matter said.
Tags: Money, Saudi Arabia, businessNews, Goldman Sachs, Goldman, Riyad Bank, National Commercial Bank


GOLDMAN SACHS: These 13 stocks are set to soar

The past few months have been tough for traders, with the S&P 500 tumbling 14% in the fourth quarter. While firms across Wall Street are warning of evaporating stock market returns as soon as this year, Goldman Sachs is here to bring some reassurance. Goldman has a strategy tailor-made for such conditions: Buy high-growth-potential companies early and often. The firm has highlighted a list of stocks it believes are most undervalued and likely to rocket higher because of solid earnings. The p...
Tags: Trends, Goldman Sachs, Goldman, American Airlines, Goldman Sachs Albemarle Ticker, Goldman Sachs Aptiv Ticker


SoftBank spent $900 million in investment banking fees in 2018. The only entity it lagged — the People's Republic of China.

SoftBank spent $900 million in investment banking fees in 2018, more than any company in at least a decade. The People's Republic of China is the only entity to outspend the Japanese tech conglomerate. SoftBank has primarily paid fees to investment bankers to raise capital, but it also executed many high profile investments in companies like WeWork and Cruise Automation. If you didn't have SoftBank as an investment banking client in 2018, you missed out on one of the most massive and lucrativ...
Tags: China, Softbank, Trends, Alibaba, Gm, Citigroup, Deutsche Bank, Silicon Valley, Goldman Sachs, WeWork, Goldman, Coupang, Bayer, Nomura, Republic of China, Masayoshi Son


A small number of banks profited from a SoftBank dealmaking bonanza in 2018 — one of the most lucrative fee opportunities in modern history

SoftBank spent $900 million in investment banking fees in 2018, more than any company in at least a decade. The People's Republic of China is the only entity to outspend the Japanese tech conglomerate. SoftBank has primarily paid fees to investment bankers to raise capital, but it also executed many high profile investments in companies like WeWork and Cruise Automation. If you didn't have SoftBank as an investment banking client in 2018, you missed out on one of the most massive and lucrativ...
Tags: China, Softbank, Trends, Alibaba, Gm, Citigroup, Deutsche Bank, Silicon Valley, Goldman Sachs, WeWork, Goldman, Coupang, Bayer, Nomura, Republic of China, Masayoshi Son


One of SoftBank's favorite tech bankers has left Goldman Sachs after 18 years (GS)

Simon Holden, Goldman Sach's vice chairman for investment banking in Europe, the Middle East, and Africa, has retired from the bank after 18 years. Holden was one of the key Goldman bankers responsible for covering Japanese technology conglomerate SoftBank.  Simon Holden, an 18-year veteran of Goldman Sachs' banking division and a key banker responsible for the firm's relationship with Japanese technology conglomerate SoftBank, has retired from the firm. Holden was most recently the bank's vi...
Tags: Europe, Softbank, Africa, Trends, Middle East, Goldman Sachs, Goldman, Holden, Simon Holden, Simon Holden Goldman Sach


‘Game of Thrones’ Prequel Cast Finalized, Pilot Will Be Directed By Marvel Director S.J. Clarkson

HBO hasn’t yet revealed the title of its new Game of Thrones “successor show,” but at least now we know who will direct it. S.J. Clarkson, who is currently slated to become the first woman to direct a Star Trek movie, will be taking a trip to George R.R. Martin‘s fantasy world as she directs the pilot for the untitled prequel. And the rest of the main roles in the Game of Thrones prequel cast have been filled as well, so read on to find out who will be starring in the new HBO series. Variety ...
Tags: Hbo, Television, Movies, Drama, Keira Knightley, Casting, Fantasy, Netflix, Showtime, Broadway, Starz, Idris Elba, TNT, Shakespeare, Clarkson, Hulu


Game of Thrones Prequel Pilot Adds New Cast & Director

Game of Thrones prequel pilot adds new cast & director HBO has found its director for the upcoming Game of Thrones prequel pilot and has rounded out the cast with newly announced regulars, TheWrap has confirmed. PB = PB || {}; PB.gptStandAlone = PB.gptStandAlone || {}; PB.gptAutoRefresh = PB.gptAutoRefresh || {'gptAds':[], 'gptStandAlone':[]}; googletag.cmd.push(function() { var standAloneSizeMapping = googletag.sizeMapping().addSize...
Tags: Hbo, TV, Movies, Game Of Thrones, Goldman, Naomi Watts, Martin, East, Tony, George R R Martin, Westeros, Starks, TheWrap, Grindelwald, Vince Gerardis, ComingSoon


Semiconductor Stocks Fall as Goldman Sees More Pain on Tap

The troubles could be particularly acute in the first half of the year with chip unit shipments tracking above the long-term average, elevated inventories and room for Wall Street to reduce expectations, analyst Toshiya Hari wrote in a note. Deteriorating demand for semiconductors and a slump in the market for memory chips helped send the Philadelphia semiconductor index down 7.8 percent in 2018, its worst year since 2011. Equipment makers such as Applied Materials Inc. and Lam Research Corp. ...
Tags: Science, Philadelphia, Goldman, Applied Materials Inc, Lam Research Corp, Toshiya Hari


Announcing the Fourth Edition of Advertising & Marketing Law: Cases & Materials by Tushnet & Goldman

Rebecca Tushnet and I are pleased to announce the publication of the fourth edition of our casebook, Advertising & Marketing Law: Cases & Materials. It is available for purchase in the following formats: * A DRM-free PDF file. Price: $12 * A DRM-free ePub file for mobile devices. Price: $12 * In Kindle. Price: $9.99 * A print-on-demand book from Amazon. Because of the book’s length, we publish the hard copy in two volumes: Volume 1 (covering chapters 1-8) and Volume 2 (covering chapters 9-17). ...
Tags: Amazon, Law, Marketing, E-commerce, Fda, Goldman, KDP, Rebecca Tushnet, Tushnet, Prof Tushnet, Tushnet Goldman


GOLDMAN SACHS: These 13 stocks are set to soar

The past few months had been tough for traders, with the S&P 500 tumbling 14% in the fourth quarter. While firms across Wall Street are warning of evaporating stock-market returns as soon as this year, Goldman Sachs is here to bring some reassurance. Goldman has a strategy tailor-made for such conditions: Buy high growth potential companies early and often. The firm highlighted a list of stocks it believes are most undervalued, and will likely rocket higher because of solid earnings. The pas...
Tags: Trends, Goldman Sachs, Goldman, American Airlines, Goldman Sachs Albemarle Ticker, Goldman Sachs Aptiv Ticker


Slowing Tech Cycle Will Hurt Asia's Exporters, Goldman Says

Chip exports from the region were up 16.6 percent year on year in 2018 to the end of November, accounting for just over a third of headline export growth. While Goldman’s analysts expect the technology downturn to be benign, with modest price declines, they also see a risk that it could be worse than expected because of consumers delaying purchases once prices start to fall. The most vulnerable would be South Korea, where chip exports accounted for 92 percent of headline export growth.
Tags: Asia, South Korea, Science, Goldman


Goldman Sachs Asks What If #Lebanon Is Forced to Restructure Debt - Bloomberg

Goldman Sachs Asks What If Lebanon Is Forced to Restructure Debt - Bloomberg:Goldman Sachs Group Inc. still sees an imminent debt restructuring in Lebanon as unlikely but is already turning its attention to how much investors could recover as one of the world’s most indebted countries teeters on the brink of financial crisis.Under Goldman’s base scenario, foreign investors would recover 35 cents on the dollar, Farouk Soussa, an economist at Goldman Sachs, said in a report. But he said any debt o...
Tags: Travel, Israel, Bloomberg, Syria, Goldman Sachs, Goldman, Lebanon, Goldman Sachs Group Inc, Rupert Neil Bumfrey, Hezbollah Lebanon, Restructure Debt Bloomberg, Farouk Soussa


Apple just sounded the alarm on a slowdown in China. Staying away from these 20 stocks could help you avoid the pain, Goldman Sachs says.

Apple on Wednesday lowered its first-quarter revenue guidance, attributing a sales slump at least partially to a slowdown in China. Shares were down more than 9% on Thursday. The tech giant's warning indicates that companies with heavy exposure to China are facing headwinds .  Goldman Sachs previously identified 20 stocks that were particularly exposed to China. Apple shares were under pressure Thursday after the tech giant lowered its first-quarter revenue guidance and blamed slumping iP...
Tags: Apple, China, US, Trends, Tim Cook, Goldman Sachs, Huawei, Goldman, Aapl, Avery Dennison, Greater China, SunTrust Robinson Humphrey, China Apple, Healthcare Market, William Stein, Agilent Technologies Ticker


Goldman Sachs says Netflix is one of the best bets in the Internet space, and that its cash burn is just starting to pay off (NFLX)

Netflix shares jumped over 9% Friday after Goldman Sachs added the stock to its Conviction List and called it one of the best bets in the internet sector. The stock's 30% plunge since its all-time high last year is creating a buying opportunity, the firm's analysts said. They also expressed confidence in the streaming platform's subscriber growth, and said its cash burn is finally starting to pay off. Watch Netflix trade live on Markets Insider. Netflix soared 9% Friday after Goldman Sach...
Tags: Taylor Swift, Saudi Arabia, Trends, Bloomberg, Netflix, Goldman Sachs, Goldman, Blackrock, SunTrust, NFLX, Heath Terry, Markets Insider Netflix, Jamal Khashoggi, Bird Box Black Mirror


Goldman Sachs says Netflix is one of the best bets in the Internet space, and its cash burn is just starting to pay off (NFLX)

Netflix shares jumped over 9% Friday after Goldman Sachs added the stock to its Conviction List and called it one of the best bets in the internet sector. The stock's 30% plunge since its all-time high last year is creating a buying opportunity, the firm's analysts said. They also expressed confidence in the streaming platform's subscriber growth, and said its cash burn is finally starting to pay off. Watch Netflix trade live on Markets Insider. Netflix soared 9% Friday after Goldman Sach...
Tags: Taylor Swift, Saudi Arabia, Trends, Bloomberg, Netflix, Goldman Sachs, Goldman, Blackrock, SunTrust, NFLX, Heath Terry, Markets Insider Netflix, Jamal Khashoggi, Bird Box Black Mirror