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

Former Goldman Sachs banker pleads guilty to insider trading 

Former Goldman Sachs investment banker pleads guilty to insider trading By Daily Mail City & Finance Reporter Published: 21:54 BST, 7 January 2020 | Updated: 22:37 BST, 7 January 2020 A former Goldman Sachs investment banker linked to an insider trading ring has admitted fraud. US prosecutors say Bryan Cohen, 33, passed confidential information about … Read more

Malaysian fraud scandal hits Goldman Sachs’ with profits down 19%

Malaysian fraud scandal hits Goldman Sachs’ results with profits down 19% from the previous year By Daily Mail City & Finance Reporter Published: 21:50 BST, 15 January 2020 | Updated: 21:50 BST, 15 January 2020 Goldman Sachs’ missed profit expectations as it blamed a surge in litigation charges Legal costs relating to a Malaysian fraud … Read more

World now in a ‘deep recession’, say Goldman Sachs analysts

World now in a ‘deep recession’ with global economy set to shrink by 1% this year, say Goldman Sachs analysts By Lucy White For The Daily Mail Published: 21:50 GMT, 23 March 2020 | Updated: 21:50 GMT, 23 March 2020 Coronavirus has already pushed the world economy into a ‘deep recession’, according to Goldman Sachs.  … Read more

US coronavirus: Goldman Sachs forecasts staggering 24% drop in Q2 GDP

Goldman Sachs has issued a grim forecast, predicting that U.S. gross domestic product will plummet by 24 percent in the second quarter of this year, by far the largest drop since detailed records have been kept.  The investment banking giant issued its revised forecast in a note on Friday, dramatically slashing its economic forecast as … Read more

Goldman Sachs worker at London office tests positive for coronavirus 

Goldman Sachs worker at London office tests positive for coronavirus By Daily Mail City & Finance Reporter Published: 22:00 GMT, 15 March 2020 | Updated: 22:00 GMT, 15 March 2020 A Goldman Sachs employee at its London office has tested positive for coronavirus. The worker was confirmed on Friday to have caught the virus. They … Read more