Woman details ‘internship from hell’ with Goldman Sachs

A former Goldeman Sachs intern has shared details from her ‘internship from hell’ with the finance firm, describing 16-hour work days, a ‘cutthroat’ environment, and the humiliation of not having her own desk. Emily, who is originally from California but now lives in Tokyo, broke down the ‘traumatic’ experience in Goldman Sachs’ New York Securities Division, which she … Read more

Goldman sachs’ Xmas message: No more pale male boards

Goldman’s Xmas message – No more pale male boards: International boss Richard Gnodde talks of his childhood in apartheid South Africa By Lucy White For The Daily Mail Published: 21:50 GMT, 11 December 2020 | Updated: 21:50 GMT, 11 December 2020 One of Goldman Sachs’ most senior bankers has called for companies to step up … Read more

Goldman Sachs owned Penlon handed £136m Government ventilator contract

Ventilators breathe life into maker’s first profits: Goldman Sachs owned Penlon handed a £136m Government contract By Lucy White For The Daily Mail Published: 21:50 GMT, 9 December 2020 | Updated: 22:26 GMT, 9 December 2020 A ventilator maker owned by banking giant Goldman Sachs has turned its first profit in more than a decade … Read more

MARKET REPORT: Goldman predicts Footsie to rise 14% by end of 2021

MARKET REPORT: Goldman Sachs predicts the Footsie will rise 14% by end of next year as economies rebuild from Covid By Francesca Washtell For The Daily Mail Published: 21:51 GMT, 11 November 2020 | Updated: 22:15 GMT, 11 November 2020 After months of turbulence, things are finally looking up for the stock market. Pfizer’s vaccine … Read more

Goldman fined £2.2bn in 1MDB Malaysia fraud scandal

Goldman fined £2.2bn in Malaysia fraud: 1MDB scandal saw state-owned fund turned into a ‘piggy bank for corrupt public officials’ By Lucy White For The Daily Mail Published: 21:56 BST, 22 October 2020 | Updated: 21:56 BST, 22 October 2020 Goldman Sachs has been fined a record £2.2billion after turning a Malaysian development fund ‘into … Read more

Goldman Sachs will claw back millions from top executives over 1MDB scandal

Goldman Sachs on Thursday reached a deal to settle a probe into the bank’s role in Malaysia’s 1MDB corruption scandal, which included total penalties of $2.9 billion. The bank was investigated for its role in raising $6.5 billion in three bond sales between 2012 and 2013 for the 1Malaysia Development Berhad (1MDB) state fund. WHAT … Read more

Goldman set to plead guilty in Malaysia fraud

Goldman set to plead guilty in Malaysia fraud: Bankers accused of helping to siphon billions from state-owned fund By Lucy White For The Daily Mail Published: 21:50 BST, 21 October 2020 | Updated: 21:50 BST, 21 October 2020 An Asian subsidiary of Goldman Sachs will plead guilty to playing a part in the blockbuster 1MDB … Read more

Goldman Sachs clocks up best quarter in ten years

Goldman Sachs clocks up best quarter in ten years thanks to pandemic trading frenzy By Daily Mail City & Finance Reporter Published: 21:53 BST, 14 October 2020 | Updated: 21:53 BST, 14 October 2020 Booming markets helped Goldman Sachs clock up its most profitable quarter in a decade. While the coronavirus crisis has plunged the … Read more

Banking giant Goldman Sachs paying Malaysia £3bn

Goldman Sachs paying Malaysia £3bn to apologise for its employees’ part in international scandal By Daily Mail City & Finance Reporter Published: 21:51 BST, 24 July 2020 | Updated: 21:51 BST, 24 July 2020 Goldman Sachs will pay Malaysia £3billion to apologise for its employees’ part in an international scandal.  Its bankers were accused of … Read more