Search results
Results from the WOW.Com Content Network
Goldman Sachs said investment banking fees rose 20% year-on-year to $1.87 ... BofA's sales and trading revenue rose 12% to $4.9 billion, as equities climbed 18% while FICC rose 8%. At Citi ...
Winkelried worked as an intern in the equities trading department at Goldman Sachs in the summer prior to graduating in 1982. He later accepted a permanent job at Goldman in the investment banking department in the Utilities Group. In 1984, he moved to the trading floor and soon was heading up the bond syndication business.
NEW YORK (Reuters) -A Goldman Sachs bet put in place in 2021 on lending to private funds has helped drive record revenues in fixed-income financing. The fund finance unit, housed in the bank's ...
Perhaps no deal captures private equity’s investment in Goldman’s sports-adjacent business better than Legends, the stadium concessionaire giant cofounded by the bank in 2008 along with the ...
In September 2011, Goldman Sachs announced that it was shutting down Global Alpha Fund LP, its largest hedge fund, which had been housed under Goldman Sachs Asset Management (GSAM). [ 83 ] [ 84 ] Global Alpha, which was created in the mid-1990s with $10 million, [ 85 ] was once "one of the biggest and best performing hedge funds in the world ...
In 2010, Cohn testified to Congress on Goldman Sachs's role in the financial crisis of 2007–2008. [24] He testified: "During the two years of the financial crisis, Goldman Sachs lost $1.2 billion in its residential mortgage-related business. We did not 'bet against our clients', and the numbers underscore this fact." [25]
Goldman Sachs: 6,500, $268 (as of Nov. 18): "We estimate net margins will expand by 78 bp to 12.3% in 2025 followed by a further 35 bp increase to 12.6% in 2026. Our economists assume the Trump ...
A number of former Goldman Sachs top executives, such as Henry Paulson and Ed Liddy, were in high-level positions in government and oversaw the controversial taxpayer-funded bank bailout. [44] The TARP Oversight Report released by the Congressional Oversight Panel found that the bailout tended to encourage risky behavior and "corrupt[ed] the ...