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Latest Articles in goldman sachs

Goldman Sachs reaches $3.9bn settlement with Malaysia over 1MDB scandal

Goldman Sachs reaches $3.9bn settlement with Malaysia over 1MDB scandal

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Goldman Sachs, Malaysia Reach Settlement Agreement Over 1MDB

They did not want to be identified as they were not authorised to speak to the media.

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Goldman Sachs Executives In Malaysia To Discuss 1MDB - Finance Minister

Public outrage over the billions of dollars lost at 1MDB played a part in the defeat of then prime minister Najib Razak in a 2018 election.

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BNP Paribas Plays Long-Game To Be Europe's Banking Winner From COVID Crisis

While the bank's risk-weighted assets grew by 5.5% between 2015 and 2019, and revenue rose 3.9%, its return on tangible equity - a measure of profitability - has remained flat at around 10%.

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Nationwide mask mandate instead of lockdown could save 5 pc of GDP in US: Economists

Nationwide mask mandate instead of lockdown could save 5 pc of GDP in US: Economists

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SoftBank-Backed Lemonade Plans To Raise Up To $286 Million In IPO

Lemonade's public listing comes amid a strong appetite for new stock offerings, especially those with an online-focused business against the backdrop of the pandemic.

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Goldman Sachs Employees To Start Returning To US Offices From June 22

Goldman Sachs told its employees that most staff across North America and Europe would start working from home or at one of the bank's business continuity centers on a rotating schedule.

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Goldman CEO Solomon Faces Pay Scrub After ISS Urges Vote 'Against'

JPMorgan Chase & Co raised its CEO's pay by 1.6%, while Bank of America and Citigroup held CEO pay flat.

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Oil Bound For Sharper Declines, Industry Experts Tell Goldman Sachs

Oil prices are now in the $20s, having slumped in March after a deal on supply curbs between the Organization of the Petroleum Exporting Countries, Russia and other producers, known as OPEC+, fell apart.

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Goldman Sachs Sees 1% Drop In Global GDP Due To "Coronacrisis"

Global governments have been taking unprecedented measures to contain the coronavirus outbreak which is threatening to spark a worldwide economic contraction.

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Morgan Stanley, Goldman Sachs Say Global Recession Is Here

They see growth falling to 0.9 per cent this year. The Goldman Sachs team led by Jan Hatzius sees growth weakening to 1.25 per cent. Both groups expect the global economy to rebound in H2.

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Revolut Hires Former Goldman Sachs Banker Michael Sherwood

Revolut, one of a breed of new digital-only account providers taking aim at traditional banks, has grown at breakneck pace since its launch in July 2015 and now has more than 8 million customers and a valuation of around $5.5 billion.

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Goldman Sachs Asset Management Added To Stocks Portfolio As Markets Tumbled

The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial crisis on growing fears the fast-spreading coronavirus.3

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Goldman Sachs Sees Fed Cutting Soon, Perhaps Before March 17-18 Meeting

It also added its voice to the growing chorus of those predicting a globally coordinated rate cut among the world's largest central banks.

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Spotlight Turns To Goldman Sachs After Morgan Stanley Deal

Goldman's share price as of Thursday's close was 1.1 times its stated tangible book value as of the fourth quarter compared with 1.3 times tangible book value for Morgan Stanley.

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