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Goldman Sachs Group Inc (GS.N)

GS.N on New York Stock Exchange

247.35USD
24 Feb 2017
Change (% chg)

$-3.84 (-1.53%)
Prev Close
$251.19
Open
$247.70
Day's High
$248.81
Day's Low
$246.11
Volume
846,291
Avg. Vol
877,781
52-wk High
$252.65
52-wk Low
$138.20

Latest Key Developments (Source: Significant Developments)

Goldman Sachs executive Toby Watson who was involved in bank's dealings during 1mbd has left the firm- WSJ
Friday, 24 Feb 2017 10:40am EST 

: Goldman Sachs executive Toby Watson who was involved in bank's dealings during 1mbd has left the firm- WSJ, citing sources Source: http://on.wsj.com/2mftaPf ((bangalore.newsroom@thomsonreuters.com ;)).  Full Article

Goldman Sachs near a deal to sell a South Korean industrial gases business for around $1.8 bln- WSJ, citing sources
Thursday, 16 Feb 2017 05:51am EST 

: Goldman sachs group is near a deal to sell a South Korean industrial gases business for around $1.8 billion- WSJ, citing sources .A consortium led by MBK Partners to buy all of Daesung Industrial Gases co - WSJ, citing sources.  Full Article

U.S. banks' payout ratios may rise as regulation eases: Morgan Stanley
Monday, 6 Feb 2017 12:30am EST 

U.S. BANKS: Morgan Stanley says Trump's executive order to roll back dodd frank signals intent that regulatory pressure should ease for banks . Morgan Stanley says significant change on enforcement of regulations can come from new agency heads who are likely to be appointed over next 18 mths . Morgan Stanley expects divs to grow by 8% yoy, gross buybacks by 40% yoy during 2017 ccar period on easier stress test, less uncertainty on regulation (Bangalore.newsroom@thomsonreuters.com).  Full Article

Goldman Sachs says Sarah Smith to become global head of compliance
Friday, 20 Jan 2017 04:38pm EST 

Goldman Sachs Group Inc : Goldman Sachs Group - effective as of March 1, Sarah Smith, current controller, chief accounting officer will become EVP and global head of compliance . Goldman Sachs Group - effective as of March 1, 2017, Brian J. Lee, will become controller and chief accounting officer - SEC filing .Goldman Sachs Group - Alan M. Cohen, currently executive vice president and global head of compliance of registrant, will step down from that position.  Full Article

Jupiter Investment buys 5.3 pct stake in Jico
Thursday, 19 Jan 2017 04:10am EST 

Jico Co Ltd <010580.KS> :Says Jupiter Investment Co Ltd has acquired 2.4 million shares of the co, and is holding 5.3 percent stake in the co, from 0 percent stake.  Full Article

Goldman Sachs halving workforce in london to about 3,000 - Handelsblatt
Wednesday, 18 Jan 2017 09:20pm EST 

Goldman Sachs Group Inc : Goldman Sachs halving its workforce in london to about 3,000 employees, re-organizing operations in Frankfurt- Handelsblatt Further company coverage: [GS.N] ((Bangalore.newsroom@thomsonreuters.com; ;)).  Full Article

Goldman Sachs reports Q4 earnings of $5.08 per share
Wednesday, 18 Jan 2017 07:49am EST 

Goldman Sachs Group Inc : Fourth quarter earnings per common share were $5.08 . Q4 annualized ROE was 11.4 percent versus 11.2 percent in Q3 and 3 percent year ago . Book value per common share increased by 6.7% during the year to $182.47 . Operating expenses were $20.30 billion for 2016, 19% lower than 2015 . Fourth quarter net revenues were $8.17 billion . Net revenues in investment banking were $1.49 billion for the fourth quarter of 2016, 4% lower than last year . Net revenues in fixed income, currency and commodities client execution were $2.00 billion for Q4 2016, 78% higher . Q4 earnings per share view $4.82, revenue view $7.72 billion -- Thomson Reuters I/B/E/S . Ratio of compensation and benefits to net revenues for 2016 was 38.1% compared with 37.5% for 2015 . Q4 net revenues in equities were $1.59 billion, 9% lower than the fourth quarter of 2015 . "After a challenging first half, the firm performed well for the remainder of the year as the operating environment improved" . Basel III advanced common equity tier 1 ratio was 13.1% as of December 31, 2016, compared with 12.4% as of Sept 30, 2016 .Non-compensation expenses were $2.33 billion for the fourth quarter of 2016, 44% lower than the fourth quarter of 2015.  Full Article

Goldman Sachs in talks to buy Meilleurtaux
Wednesday, 21 Dec 2016 09:11am EST 

Goldman Sachs Group Inc : French online mortgage broker Meilleurtaux and owner Equistone Partners say in talks to sell controlling stake to Goldman Sachs Further company coverage: [GS.N] (Reporting by Laurence Frost) ((laurence.frost@thomsonreuters.com;)).  Full Article

Goldman Sachs names David Solomon and Harvey Schwartz presidents and co-chief operating officers
Wednesday, 14 Dec 2016 10:22am EST 

Goldman Sachs Group Inc : Goldman Sachs names David Solomon and Harvey Schwartz presidents and co-chief operating officers . Schwartz will remain as Chief Financial Officer through the end of April 2017 . Goldman Sachs - Martin Chavez named deputy Chief Financial Officer; Richard J. Gnodde and Pablo J. Salame named vice chairmen . Chavez will assume full responsibilities as Chief Financial Officer following Schwartz’s transition .Gnodde and Salame will continue in current respective roles in addition to serving as vice chairmen of the firm.  Full Article

Goldman Sachs says co-CEO of Goldman Sachs International has determined to retire
Monday, 21 Nov 2016 04:31pm EST 

Goldman Sachs Group Inc : Michael Sherwood, currently a vice chairman and co-chief executive officer of Goldman Sachs International, has determined to retire .Sherwood will continue with Goldman Sachs Group as a senior director - SEC filing.  Full Article

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