Goldman
Goldman tops Morgan Stanley in value for first time since 2020
FOR the first time since the throes of the pandemic, Goldman Sachs is worth more than its longtime Wall Street rival Morgan Stanley.Goldman shares rose 2.6 per cent on...
Julius Baer picks Goldman Sachs veteran Bollinger as new CEO
JULIUS Baer Group has hired Stefan Bollinger to be its next chief executive officer, a relatively unknown pick to lead the Swiss wealth manager as it seeks to draw...
Goldman buys majority stake in Taylor Swift stage-builder Tait
THE private equity business of Goldman Sachs Alternatives is buying a majority stake in Tait, the engineering firm that designed the stage for Taylor Swift’s Eras Tour.The alternative investment...
Citadel buys Goldman alum’s company to trade power in Japan
KEN Griffin’s Citadel is buying Energy Grid, a company that trades and sells power products, as the hedge fund firm expands its commodities business in Japan. The acquisition of...
M&A-focused hedge funds lead the pack in May: Goldman Sachs
HEDGE fund managers making bets on mergers and acquisitions (M&A) outperformed those deploying other strategies with a return of 7.7 per cent in the first five months of 2024,...
Goldman Sachs raises S&P 500 year-end target to 5,600
GOLDMAN Sachs has raised its 2024 year-end target for the S&P 500 Index to 5,600 from 5,200 earlier, citing strong earnings growth by five mega-cap US tech stocks and...
Goldman Sachs boosts S&P 500 target on upbeat profit outlook
Goldman Sachs Group strategists have boosted their year-end target for the S&P 500 Index for a third time, reflecting Wall Street’s optimistic outlook for earnings growth and the US...
Goldman Sachs aims to double lending to wealthy private bank clients
GOLDMAN Sachs aims to double its lending over the next five years to ultra-wealthy private bank clients with account sizes exceeding US$10 million, as it gathers more deposits to...
