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


 

Lucid recruits Raber as SVP and COO

Lucid Energy Group, a natural gas processor in the Delaware Basin, has named Brian T. Raber as senior vice president and chief operating officer. Previously, Raber was senior vice president, engineering and project management for Summit Midstream Partners. Lucid is backed by Riverstone Holdings LLC and Goldman Sachs‘ merchant banking division. PRESS RELEASE DALLAS–(BUSINESS WIRE)–Lucid Energy Group (“Lucid”) today announced that the company has hired industry veteran Brian T. Raber as Senior Vic...
Tags: Australia, Trends, People, Goldman Sachs, Brian, New Mexico, Lucid, Goldman Sachs Group Inc, SVP, Oral Roberts University, West Texas, Raber, Delaware Basin, Goldman Sachs Merchant Banking Division, Mike Latchem, Riverstone


Gymboree to shutter all 945 stores after turnaround plan fails

Gymboree Group will shut down after going bankrupt a second time, the victim of falling mall traffic and cheaper online sources of kids clothing. About 10,000 people could lose their jobs. The retailer filed for protection from creditors owed about $212 million in U.S. Bankruptcy Court for the Eastern District of Virginia, according to a statement late Wednesday. The San Francisco-based company, which operates 945 stores under three brands in the U.S. and Canada, plans to close its Gymboree and ...
Tags: Business, San Francisco, Sport, Customers, Canada, Soccer, Goldman Sachs, Jack, Bain Capital, Gymboree, Goldman Sachs Group Inc, U S Bankruptcy Court, Eastern District of Virginia, ABL, Janie, Children 's Place


Goldman Sachs’s Tactic in Malaysian Fraud Case: Smear an Ex-Partner

The investment bank is campaigning to convince the authorities that a former partner, Tim Leissner, was a master con man — and that is how the bank became ensnared in a vast fraud.
Tags: News, Goldman Sachs, Money Laundering, Tim, Goldman Sachs Group Inc, Solomon, Blankfein, Banking and Financial Institutions, Bribery and Kickbacks, David M, Frauds and Swindling, Lloyd C, Tim Leissner, Leissner, 1Malaysia Development Berhad (1MDB, Low Jho (1981-


Goldman Sachs and Bank of America jump while Snap sinks

NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:Goldman Sachs Group Inc., up $17.17 to $197.08The investment bank beat Wall Street's fourth-quarter expectations, posting strong results from its advisory... [Author: [email protected]]
Tags: Business, New York, Bank Of America, Ap, Goldman Sachs, Goldman Sachs Group Inc


Upbeat bank earnings send Wall Street to one-month highs

Wall Street's major indexes hit one-month highs on Wednesday as strong earnings from Bank of America Corp and Goldman Sachs Group Inc boosted investor sentiment.
Tags: Money, businessNews, Goldman Sachs Group Inc, Bank of America Corp


Wall Street gains, fueled by bank earnings

Wall Street's major indexes hit one-month highs on Wednesday as upbeat earnings from Bank of America Corp and Goldman Sachs Group Inc boosted investor sentiment.
Tags: Money, businessNews, Goldman Sachs Group Inc, Bank of America Corp


CORRECTED - 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 Sachs Group Inc, Solomon, David Solomon


Goldman Sachs CEO apologises for ex-banker's role in 1MDB scandal

Goldman Sachs Group Inc Chief Executive Officer David Solomon on Wednesday apologised to the Malaysian people for former banker Tim Leissner's role in the sovereign wealth fund 1MDB scandal, but said the bank had conducted due diligence before every transaction.
Tags: Money, businessNews, Goldman Sachs, Goldman Sachs Group Inc, 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


Malaysia Blames Goldman Sachs for Stolen Billions

“Don’t tell me you don’t know where the money went,” the country’s finance minister said.
Tags: News, Malaysia, Goldman Sachs Group Inc, 1Malaysia Development Berhad (1MDB, Goldman Sachs for Stolen Billions


Slack planning to pursue direct listing: WSJ

Slack Technologies Inc is planning to go public through a direct listing, the Wall Street Journal reported on Friday, citing people familiar with the matter. Slack, which operates a popular workplace instant-messaging and collaboration app, is likely to debut in the second quarter and currently expects to do so via a direct listing, according to the report. The plan for direct listing will potentially make Slack the second big technology company after Spotify Technology SA to bypass a traditiona...
Tags: Trends, IPOs, Wall Street Journal, WSJ, Reuters, Goldman Sachs Group Inc, Slack Technologies Inc, Spotify Technology SA, IPO WSJ


Companies to Watch in IPO-Land This Year

Barring total financial or governmental collapse, Uber Technologies Inc. and Lyft Inc. look destined to go public this year. In Uber’s camp, there’s Morgan Stanley, with Goldman Sachs Group Inc. expected to play a supporting role. Until the government reopens, Uber and Lyft are in a lurch.
Tags: Lyft, Science, Morgan Stanley, Goldman Sachs Group Inc, Uber Technologies Inc, Lyft Inc


Exclusive: Goldman Sachs on course to launch cash management in mid-2020

Goldman Sachs Group Inc is considering paying big multinational corporations more for their deposits than other banks as it paves the way for its entry into a mundane but prized business: managing cash.
Tags: Money, businessNews, Goldman Sachs, Goldman Sachs Group Inc


Three-Day Rout Wipes $6 Billion Off Xiaomi Stock

The stock fell 4.1 percent as of 10:18 a.m. in Hong Kong, taking its three-day decline to 18 percent, or $6.3 billion in market value. Analysts at Goldman Sachs Group Inc. and China International Capital Corp. were the latest to cut their price targets on the Chinese smartphone maker, joining at least five others who have tempered their estimates just this week. A flurry of off-exchange block trades showed that some have taken the opportunity to offload the stock, even though Xiaomi is nowhere...
Tags: Hong Kong, Science, Xiaomi, Goldman Sachs Group Inc, China International Capital Corp


What Slump? #Dubai Finance Hub Plans Canary Wharf-Sized Expansion - Bloomberg

What Slump? Dubai Finance Hub Plans Canary Wharf-Sized Expansion - Bloomberg:Dubai plans to triple the size of its financial district, adding an area almost the size of London’s Canary Wharf, even as the emirate faces slower growth and rising competition from neighboring banking hubs.The expansion, dubbed DIFC 2.0, will add 13 million square feet (1.2 million square meters) to the center over several phases, with a focus on fintech and innovation, the district’s operator said. It’ll include 6.4 ...
Tags: Travel, London, Canary Wharf, Dubai, East London, Goldman Sachs Group Inc, JPMorgan Chase Co, Dubai International Financial Centre, DIFC, Rupert Neil Bumfrey


Goldman Slashes Oil Forecasts as New Supply Seen Plentiful - Bloomberg

Goldman Slashes Oil Forecasts as New Supply Seen Plentiful - Bloomberg:Goldman Sachs Group Inc. cut its oil price forecasts for 2019, citing a re-emerging surplus and resilient U.S. shale production.Global benchmark Brent crude will average $62.50 a barrel this year, analysts including Damien Courvalin said in a Jan. 6 note, down from a previous estimate of $70. U.S. marker West Texas Intermediate will average $55.50 a barrel, down from a prior forecast of $64.50. Societe Generale SA also lowere...
Tags: Travel, Opec, Bloomberg, Canada, Brazil, Goldman Sachs Group Inc, Permian Basin, Damien Courvalin, Societe Generale SA, Rupert Neil Bumfrey, Goldman Slashes Oil Forecasts, Goldman Big, Courvalin


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


After Early Victories, N.J. Governor Is Undermined by Lawmakers From His Own Party

Swept into office as a progressive reformer, Gov. Philip D. Murphy’s first year has seen his rapid early victories slowed by battles with the Democratic-controlled legislature.
Tags: News, Marijuana, New Jersey, Sexual Harassment, Christie, Democratic Party, Murphy, Goldman Sachs Group Inc, Katie, Brennan, New Jersey Transit, Law and Legislation, Christopher J, Philip D (1957-, Trenton (NJ, MeToo Movement


Malaysia seeks $7.5 billion in reparations from Goldman Sachs - FT

Malaysia is seeking $7.5 billion in reparations from Goldman Sachs Group Inc over its dealings with scandal-linked state fund 1MDB, the Financial Times reported on Friday, citing the country's finance minister.
Tags: Money, businessNews, Malaysia, Goldman Sachs, Financial Times, Goldman Sachs Group Inc


Malaysia charges another ex-Goldman Sachs banker over 1MDB

Malaysia on Wednesday charged a second former banker at Goldman Sachs Group Inc in connection with a suspected money-laundering scheme at state fund 1MDB and said it had issued a summons to the bank.
Tags: Money, businessNews, Malaysia, Goldman Sachs, Goldman Sachs Group Inc


Criminal Charges for Goldman in Malaysia Deepen Crisis for Wall St. Giant

The Malaysian government filed charges against Goldman for its role in the 1MDB fraud, and in the United States, the bank’s lawyers held talks with federal prosecutors.
Tags: News, United States, Malaysia, Goldman, Justice Department, Goldman Sachs Group Inc, Blankfein, Lloyd C, 1Malaysia Development Berhad (1MDB, Low Jho (1981-, Criminal Charges for Goldman


Goldman Sachs Faces New Criminal Charges, Deepening Crisis for Wall Street Giant

Malaysia filed charges against Goldman for its role in the 1MDB fraud, and in the United States, the bank’s lawyers held talks with federal prosecutors.
Tags: News, United States, Malaysia, Goldman, Justice Department, Goldman Sachs Group Inc, Blankfein, Lloyd C, 1Malaysia Development Berhad (1MDB, Low Jho (1981-, Goldman Sachs Faces New Criminal Charges


1MDB Case in Malaysia Deepens Goldman’s Crisis

The Malaysian government filed charges against Goldman Sachs for its role in the 1MDB fraud, and in the United States, the bank’s lawyers held talks with federal prosecutors.
Tags: News, United States, Malaysia, Goldman Sachs, Justice Department, Goldman Sachs Group Inc, Blankfein, Lloyd C, 1Malaysia Development Berhad (1MDB, Low Jho (1981-


New Criminal Charges for Goldman Sachs Deepen Crisis for Wall Street Giant

Malaysia filed charges against Goldman for its role in the 1MDB fraud, and in the United States, the bank’s lawyers held talks with federal prosecutors.
Tags: News, United States, Malaysia, Goldman, Justice Department, Goldman Sachs Group Inc, Blankfein, Lloyd C, 1Malaysia Development Berhad (1MDB, Low Jho (1981-, Goldman Sachs Deepen Crisis for Wall Street Giant


Goldman Sachs hit with criminal charges, faces US$2.7b fine

Malaysia is demanding Goldman Sachs Group Inc. bear the brunt of the 1MDB scandal, opening up another legal front for the Wall Street firm over its role raising money for the investment fund.The country filed the first criminal... [Author: [email protected]]
Tags: Business, US, Malaysia, Goldman Sachs, Goldman Sachs Group Inc


Goldman Sachs fires back after Malaysia charges bank in 1MDB probe

Malaysia on Monday filed criminal charges against Goldman Sachs Group Inc related to its dealings with the sovereign wealth fund 1MDB, and Goldman Sachs fired back that the previous Malaysian government had lied to the investment bank.
Tags: Money, businessNews, Malaysia, Goldman Sachs, Goldman Sachs Group Inc


Goldman fires back after Malaysia charges bank in 1MDB probe

Malaysia on Monday filed criminal charges against Goldman Sachs Group Inc related to its dealings with the sovereign wealth fund 1MDB, and Goldman Sachs fired back that the previous Malaysian government had lied to the bank.
Tags: Money, businessNews, Malaysia, Goldman Sachs, Goldman, Goldman Sachs Group Inc


Malaysia Files Criminal Charges Against Goldman Sachs Over 1MDB Scandal

In the wake of a scandal that brought down the country’s former prime minister, the Malaysian government is seeking fines in excess of $2.7 billion.
Tags: News, Malaysia, Tim, Goldman Sachs Group Inc, Najib Razak, Leissner, 1Malaysia Development Berhad (1MDB, Low Jho (1981-


Oil Slides Most in Two Weeks as Traders Doubt OPEC+ Supply Cuts - Bloomberg

Oil Slides Most in Two Weeks as Traders Doubt OPEC+ Supply Cuts - Bloomberg:Oil slid to its worst loss in two weeks as doubts grew about whether OPEC and its allies can deliver enough output cuts to head off a glut.Futures fell 3.1 percent in New York, evaporating all the gains from last week’s pact between Russia, Saudi Arabia and other top producers to crimp supplies. Worries about demand also took a toll as data showed Chinese imports rising less than expected and Beijing summoned the U.S. am...
Tags: Travel, New York, Opec, Beijing, Morgan Stanley, Goldman Sachs Group Inc, Russia Saudi Arabia, Rupert Neil Bumfrey, OPEC Supply Cuts Bloomberg


Goldman Sachs and Morgan Stanley Warn Oil Uncertainty to Persist - Bloomberg

Goldman Sachs and Morgan Stanley Warn Oil Uncertainty to Persist - Bloomberg:Oil’s gains risk being quelled by uncertainty over how the OPEC+ coalition will implement its deal to cut output, according to Goldman Sachs Group Inc. and Morgan Stanley.While producers including Saudi Arabia and Russia defied market expectations as well as U.S. President Donald Trump late last week to pledge 1.2 million barrels a day of curbs, the lack of specific country allocations and exemptions for Iran, Venezuela...
Tags: Travel, Saudi Arabia, Russia, Opec, Libya, Goldman Sachs, Donald Trump, Goldman, Goldman Sachs Group Inc, Iran Venezuela, Damien Courvalin, Jeffrey Currie, Rupert Neil Bumfrey, Morgan Stanley Warn Oil Uncertainty, Morgan Stanley While