Posts filtered by tags: Goldman Sachs Group Inc[x]


 

Opportunity Zone rules seek more capital in distressed areas

The Trump administration Wednesday released rules for a tax break designed to encourage economic development in distressed areas throughout the U.S. by making it easier to invest in businesses and real estate in low-income communities. Wall Street banks, private equity firms, real estate developers and others have been eagerly awaiting the regulations, which the administration said will spur $100 billion of investment into the more than 8,700 areas designated as “opportunity zones” in the 2017 f...
Tags: Business, Real Estate, New York, Congress, Housing, Government, White House, Sport, Soccer, Brooklyn, New Jersey, Treasury, Portland Oregon, Donald Trump, South Carolina, Irs


As Goldman Sachs Group (Put) (GS) Stock Value Declined, Holder Brave Asset Management Has Cut Its Position by $1.73 Million; Tiger Management Cut Its T2 Biosystems (TTOO) Holding by $441,258; Stock Value Declined - The Yomi Blog

As Goldman Sachs Group (Put) (GS) Stock Value Declined, Holder Brave Asset Management Has Cut Its Position by $1.73 Million; Tiger Management Cut Its T2 Biosystems (TTOO) Holding by $441,258; Stock Value Declined   The Yomi Blog Brave Asset Management Inc decreased its stake in Goldman Sachs Group Inc (Put) (GS) by 87.34% based on its latest 2018Q4 regulatory filing with the SEC.
Tags: Seo, Goldman Sachs Group Inc, Yomi Blog Brave Asset Management Inc


US STOCKS-Wall Street drops after tepid big bank results

Wall Street's main indexes fell on Monday, following a rally in the previous session that put the S&P 500 within striking distance of its record high, as underwhelming results from Goldman Sachs and Citigroup pressured financial stocks. The sector fell for the first time in four sessions, down 0.75%, dragged lower by a 3.2% tumble in Goldman Sachs Group Inc and a 0.7% dip in Citigroup Inc after the banks missed revenue estimates.
Tags: News, US, Citigroup, Goldman Sachs, Citigroup Inc, Goldman Sachs Group Inc


Goldman offers fresh details on overhaul progress as revenue slides

Goldman Sachs Group Inc offered new tidbits about its sweeping operational overhaul when reporting first-quarter results on Monday, but investors focused on revenue declines across nearly all its main businesses, sending shares lower.
Tags: Money, businessNews, Goldman, Goldman Sachs Group Inc


Goldman Sachs 1st-quarter revenue drops across most businesses, shares off

Goldman Sachs Group Inc reported lower quarterly revenue in nearly all of its main businesses on Monday, but still beat subdued Wall Street expectations through cost cuts, while offering more details on its sweeping operational revamp.
Tags: Money, businessNews, Goldman Sachs, Goldman Sachs Group Inc


Goldman Sachs profit beats estimates on lower expenses, higher advisory fees

Goldman Sachs Group Inc beat quarterly profit estimates on Monday as the bank earned more from advising on M&A deals and expenses fell due to lower compensation costs.
Tags: Money, businessNews, Goldman Sachs, Goldman Sachs Group Inc


As Goldman Sachs Group (GS) Stock Declined, Shareholder Spinnaker Trust Cut Its Holding by $1.97 Million; As Federal Realty Invt Tr (FRT) Share Value Rose, Apg Asset Management Us Has Trimmed by $20.30 Million Its Holding - D Minute

   D Minute Spinnaker Trust decreased its stake in Goldman Sachs Group Inc (GS) by 88.45% based on its latest 2018Q4 regulatory filing with the SEC. Spinnaker Trust sold ...
Tags: Seo, Goldman Sachs Group Inc, Federal Realty Invt, D Minute Spinnaker Trust, SEC Spinnaker Trust


TikTok Owner Gets a $1.3 Billion Loan From Wall Street

Morgan Stanley and Goldman Sachs Group Inc. led the deal alongside Bank of China Ltd. and CMB Wing Lung Bank Ltd., said the people who are not authorized to speak publicly and asked not to be identified. Bytedance, which operates the hugely popular apps TikTok and its Chinese counterpart Douyin, declined to comment on the loan. The deal marks Bytedance’s debut in the syndicated loan market and underscores its growing clout in attracting some of the biggest international lenders.
Tags: Science, Morgan Stanley, Goldman Sachs Group Inc, Bank of China Ltd, Bytedance, Douyin, CMB Wing Lung Bank Ltd


AirTrunk Raises S$450 Million to Build Singapore Data Center

The Goldman Sachs Group Inc. and TPG Sixth Street Partners-backed company has already spent more than A$1 billion ($712 million) on two data centers in Australia and will open its Singapore facility in two phases, according to founder Robin Khuda. The rest will be built when there’s enough demand, with the total project taking up 1.5 hectares of land in Loyang, in Singapore’s east, and costing “in excess” of S$500 million, he said.
Tags: Science, Australia, Singapore, Goldman Sachs Group Inc, TPG Sixth Street Partners, Build Singapore Data Center, Robin Khuda, Loyang






Bank CEOs Should Prepare for Bashing From Congress, Analysts Say

The House Financial Services Committee’s hearing is titled, “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 Years After the Financial Crisis.” Witnesses include Citigroup Inc.’s Michael Corbat, JPMorgan Chase & Co.’s Jamie Dimon, Morgan Stanley’s James Gorman, Bank of America Corp.’s Brian Moynihan, State Street Corp.’s Ronald O’Hanley, Bank of New York Mellon Corp.’s Charles Scharf, and Goldman Sachs Group Inc.’s David Solomon.
Tags: News, Citigroup Inc, Brian Moynihan, Goldman Sachs Group Inc, JPMorgan Chase Co, House Financial Services Committee, Bank of New York Mellon Corp, Michael Corbat, State Street Corp, Charles Scharf, Congress Analysts Say, Jamie Dimon Morgan Stanley, James Gorman Bank of America Corp, Ronald O'Hanley


Wall St Week Ahead-RPT-Big banks to report Q1 results with lowered expectations

Citigroup Inc and Goldman Sachs Group Inc will report the following Monday, followed by Bank of America Corp and Morgan Stanley on Tuesday. In the wake of the Federal Reserve's cautious shift due to signs of softness in the U.S. economy and the subsequent drop in 10-year Treasury yields, S&P 500 banks are seen posting year-on-year first-quarter earnings growth of 2.3%, down from 8.2% forecast six months ago, according to Refinitiv data.
Tags: News, Treasury, Federal Reserve, Morgan Stanley, Citigroup Inc, Goldman Sachs Group Inc, Bank of America Corp


Wall St Week Ahead-Big banks to report Q1 results with lowered expectations

Citigroup Inc and Goldman Sachs Group Inc will report the following Monday, followed by Bank of America Corp and Morgan Stanley on Tuesday. In the wake of the Federal Reserve's cautious shift due to signs of softness in the U.S. economy and the subsequent drop in 10-year Treasury yields, S&P 500 banks are seen posting year-on-year first-quarter earnings growth of 2.3%, down from 8.2% forecast six months ago, according to Refinitiv data. "Flat to falling interest rates are not good news for ban...
Tags: News, Treasury, Federal Reserve, Morgan Stanley, Citigroup Inc, Goldman Sachs Group Inc, Bank of America Corp


BB&T, Wells Fargo Get Failing Grades From Gun-Control Group

JPMorgan Chase & Co. also received an F, for providing $273 million in financing and failing to ban gun-company investments, while Goldman Sachs Group Inc. and Bank of America Corp. received C grades. Citigroup Inc. got a B, the highest grade among the banks scored. Key InsightsThe scorecard comes as corporate America faces pressure to take stands on controversial political issues.
Tags: News, America, Citigroup Inc, Goldman Sachs Group Inc, Bank of America Corp, JPMorgan Chase Co


Goldman seeks 'curious' engineers for digital innovation program: website

Goldman Sachs Group Inc on Wednesday launched an initiative to attract tech-savvy engineers to the bank to take part in a year-long program aimed at developing new finance apps and other innovations, according to the company’s website.
Tags: Money, businessNews, Goldman, Goldman Sachs Group Inc


Amid Bitcoin Uncertainty, ‘the Smart Money Knows That Crypto Is Not Ready’

Cryptocurrency enthusiasts thought big financial institutions would lend credibility to their work. But last year’s crash has cooled their interest.
Tags: News, New York Stock Exchange, Jack, Dorsey, Virtual Currency, Goldman Sachs Group Inc, Chicago Mercantile Exchange, Intercontinental Exchange Inc, Regulation and Deregulation of Industry, Robberies and Thefts, Bitcoin (Currency


Alliance Data’s Epsilon unit attracts Publicis, Goldman and Advent: Bloomberg

Publicis Groupe SA, along with a joint offer from Advent International and Goldman Sachs Group Inc, are bidding for Alliance Data Systems Corp’s Epsilon marketing unit, Bloomberg is reporting. The marketing unit could fetch $5 billion in an auction that could select the winning bidder as early as next week, the story said.
Tags: Trends, Tech, Bloomberg, Advent International, Goldman Sachs Group Inc, Epsilon, PE Deals, Publicis Groupe SA, Alliance Data 's Epsilon, Publicis Goldman, Alliance Data Systems Corp


Exclusive: Goldman's China-backed fund bucks trade tensions to buy U.S. firm

Goldman Sachs Group Inc invested money from China's sovereign wealth fund in a California-based industrial company and is looking for more U.S. deals, three sources familiar with the matter said, even after increased scrutiny from Washington all but stopped U.S.-China deals last year.
Tags: Money, California, Washington, China, businessNews, Goldman, Goldman Sachs Group Inc


Goldman's Apple pairing furthers bank's mass-market ambitions

Goldman Sachs Group Inc's credit card deal with Apple Inc is the latest move by the Wall Street investment bank to court mass-market consumers, potentially connecting Goldman with hundreds of millions of iPhone users.
Tags: Apple, Money, Wall Street, businessNews, Goldman, Apple Inc, Goldman Sachs Group Inc


Apple to launch a new credit card with Goldman. Are the perks worth it?

Apple Inc said on Monday it will launch a credit card with Goldman Sachs Group Inc this summer that can be used to earn cash back on the purchase of Apple products, but analysts suggest its rewards do not stand out among rivals.
Tags: Apple, Money, businessNews, Goldman, Apple Inc, Goldman Sachs Group Inc


Apple partners with Goldman to add a credit card to Wallet

Apple Inc said on Monday it will launch a credit card with Goldman Sachs Group Inc this summer that will be synched with iPhone users' Apple Wallet and can be used to buy Apple products at a discount.
Tags: Apple, Money, businessNews, Goldman, Apple Inc, Goldman Sachs Group Inc


Apple launches credit card with Goldman Sachs

Apple Inc on Monday launched a credit card with Goldman Sachs Group Inc that will be synched with iPhone users' Apple Wallet and can be used to buy Apple products at a discount.
Tags: Apple, Money, businessNews, Goldman Sachs, Apple Inc, Goldman Sachs Group Inc


DealBook: Rajat Gupta Is Unrepentant for His Crimes

After a stint in federal prison, the former McKinsey chief and Goldman Sachs director maintains he is innocent — and is trying to repair his reputation.
Tags: Securities and Commodities Violations, Goldman Sachs Group Inc, McKinsey & Co, Gupta, Rajat K, Rajaratnam, Raj, Buffett, Warren E, Mind Without Fear (Book


Goldman Chief to Attend Apple Services Event Ahead of Joint Credit Card

David Solomon, who became the investment bank’s CEO in October, has been invited and plans to show up in Cupertino, California, for Apple’s services launch on March 25, according to people familiar with the matter. Spokesmen for Apple and Goldman declined to comment. Goldman Sachs Group Inc.’s work with the maker of mobile phones and laptops on a co-branded credit card emerged last year as they push deeper into the financial lives of consumers.
Tags: Apple, Science, Goldman, Goldman Sachs Group Inc, Cupertino California, David Solomon, Spokesmen for Apple


Foxconn Ventures sells $398.4 million in Alibaba stock: sources

Foxconn Ventures Holdco has sold $398.4 million worth of Alibaba Group Holding Ltd's shares, in a block trade in the open market managed by Goldman Sachs Group Inc, people familiar with the matter said on Wednesday.
Tags: Money, businessNews, Alibaba, Goldman Sachs Group Inc, Alibaba Group Holding Ltd, Foxconn Ventures, Foxconn Ventures Holdco


Goldman Blacklisted in #AbuDhabi in Fresh Blow From 1MDB Scandal - Bloomberg

Goldman Blacklisted in Abu Dhabi in Fresh Blow From 1MDB Scandal - Bloomberg:An Abu Dhabi-controlled investment fund has halted new business with Goldman Sachs Group Inc., adding to the growing fallout for the U.S. bank from its role in the 1MDB corruption scandal."We have suspended any activities with Goldman Sachs pending outcome of our existing litigation," Brian Lott, a spokesman for Mubadala Investment, said in a statement. "The only exceptions are engagements signed prior to the litigation...
Tags: Travel, New York, Bloomberg, Goldman Sachs, Abu Dhabi, Goldman Sachs Group Inc, Rupert Neil Bumfrey, Mubadala, Abudhabi, Aabar Investments, International Petroleum Investment Co, Mubadala Investment, Brian Lott, Goldman Blacklisted


Uber hires more IPO underwriters as it prepares to go public: Reuters

(Reuters) – Ride-hailing startup Uber Technologies Inc has hired a string of investment banks to its syndicate of initial public offering underwriters, as it ramps up preparations for a stock market debut, people familiar with the matter said on Tuesday. Smaller rival Lyft Inc is racing to list in the stock market at the end of March. While Uber will not beat Lyft to an IPO, the preparations are aimed at giving it the flexibility to go public as early as the first half of 2019, the sources said....
Tags: Lyft, Uber, Ipo, Trends, IPOs, Deutsche Bank, Morgan Stanley, Reuters, Goldman Sachs Group Inc, JMP Securities, U S Securities and Exchange Commission, Uber Technologies Inc, Lyft Inc, Bank of America Barclays Citigroup, Uber Allen Company, Dealogic Like Lyft Uber


Apple Courts HBO and Showtime for Service to Challenge Netflix  

The company will host A-list celebrities and media executives on March 25 to outline how it will take on competitors like Amazon.com Inc. and Netflix Inc. Apple plans to unveil a long-awaited streaming service and magazine subscription bundle, and could use the event in Cupertino, California, to preview additional Apple Pay features, laying the groundwork for an iPhone credit-card partnership with Goldman Sachs Group Inc. The company is racing to secure movies and TV shows to offer alongside it...
Tags: Apple, Science, Netflix, Starz, Goldman Sachs Group Inc, Amazon com Inc, Cupertino California, HBO Showtime, Apple Courts HBO, Showtime for Service, Netflix Inc Apple


Uber Adds Several Banks to Lineup of IPO Underwriters

The ride-hailing company, which could be valued at as much as $120 billion in an IPO, is working with Bank of America Corp., Barclays Plc, Citigroup Inc. and Allen & Co. on preparations for the public listing, said the people, who asked not to be identified as the details aren’t public. The banks join Morgan Stanley, which will lead the IPO for Uber, as well as Goldman Sachs Group Inc., the people said.
Tags: Science, Ipo, Morgan Stanley, Goldman Sachs Group Inc, Allen Co, Bank of America Corp Barclays Plc Citigroup Inc