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Goldman Sachs Group Inc (GS)

GS on New York Consolidated

256.89USD
14 Dec 2017
Change (% chg)

$1.33 (+0.52%)
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$255.56
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Volume
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$260.50
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Latest Key Developments (Source: Significant Developments)

Goldman plans acquisition of mortgage-lender Genesis Capital - WSJ‍​
Thursday, 12 Oct 2017 12:43pm EDT 

Oct 12 (Reuters) - :Goldman plans acquisition of mortgage-lender Genesis Capital, purchase could be announced this week - WSJ, citing sources‍​.  Full Article

Genesis Capital signs deal with an affiliate of Goldman Sachs
Thursday, 12 Oct 2017 12:43pm EDT 

Oct 12 (Reuters) - Goldman Sachs Group Inc :Genesis Capital signs agreement with Goldman Sachs to support next phase of growth.Says ‍terms of transaction were not disclosed​.Says it is being acquired from funds managed by Oaktree Capital Management L.P and Management​.  Full Article

Goldman Sachs Bank buys $300 Mln in home solar loans originated by Mosaic​
Monday, 11 Sep 2017 11:31am EDT 

Sept 11 (Reuters) - Goldman Sachs Bank::Goldman Sachs Bank says co, Mosaic, announced purchase commitment in which co will purchase $300 million in home solar loans originated by Mosaic​.  Full Article

Soros Fund Management dissolves share stake in Goldman Sachs
Monday, 14 Aug 2017 06:25pm EDT 

Aug 14 (Reuters) - Soros Fund Management::Soros Fund Management dissolves share stake in Goldman Sachs - SEC filing‍​.Change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017‍​.  Full Article

GIC, Blackstone, MassMutual buy out Goldman Sachs stake in Rothesay Life
Wednesday, 9 Aug 2017 03:08am EDT 

Aug 9 (Reuters) - Massmutual Life Insurance Co [RIC:RIC:MMLICJ.UL]:Blackstone, GIC and MassMutual to acquire Goldman Sachs' shareholding in Rothesay Life..GIC and Blackstone will hold equal largest stakes in Rothesay; no financial details disclosed..  Full Article

Singapore's GIC, MassMutual and Blackstone to buy Goldman's stake in Rothesay Life- Sky News
Friday, 4 Aug 2017 11:45am EDT 

Aug 4 (Reuters) - :Singapore's GIC, MassMutual and Blackstone, will announce deal early next week to buy Goldman's 33 pct stake in Rothesay Life- Sky News,citing sources.Transaction is expected to value Rothesay at about 2 billion stg- Sky News,citing sources.  Full Article

Goldman Sachs updates on class action related to orders placed on some electronic currency trading platforms
Friday, 4 Aug 2017 06:28am EDT 

Aug 4 (Reuters) - Goldman Sachs Group Inc :Goldman Sachs - On July 12, GS&Co and group were named defendants in putative class action filed in U.S. District court for southern district of New York‍​.Goldman Sachs - July 12 class action alleges GS&Co "improperly" delayed, cancelled orders placed on some electronic currency trading platforms - SEC filing.  Full Article

Goldman Sachs updates on top end of legal loss estimate at June-end‍​
Friday, 4 Aug 2017 06:26am EDT 

Aug 4 (Reuters) - Goldman Sachs Group Inc :Goldman Sachs - Estimates upper end of reasonably possible aggregate legal loss of about $1.5 billion in excess of the aggregate reserves as of June-end‍​.Goldman Sachs had estimated upper end of reasonably possible aggregate legal loss of about $1.8 billion in excess of aggregate reserves as of March-end.  Full Article

Goldman Sachs invests $35 mln to accelerate growth of beqom
Tuesday, 25 Jul 2017 03:00am EDT 

July 25 (Reuters) - Goldman Sachs Group Inc ::Goldman Sachs invests $35 million to accelerate growth of beqom.  Full Article

Goldman Sachs reports Q2 earnings of $3.95 per common share
Tuesday, 18 Jul 2017 07:46am EDT 

July 18 (Reuters) - Goldman Sachs Group Inc :Goldman Sachs reports second quarter earnings per common share of $3.95.Quarterly revenues $7.89 billion versus $7.93 billion.Q2 earnings per share view $3.39, revenue view $7.52 billion -- Thomson Reuters I/B/E/S.Q2 annualized ROE was 8.7 percent versus 8.7 percent.Says operating expenses were $5.38 billion for second quarter of 2017, 2 percent lower than both second quarter of 2016 and first quarter of 2017‍​.Quarterly net revenues in fixed income, currency and commodities client execution were $1.16 billion for the second quarter of 2017, down 40 percent.Says net revenues in investment banking were $1.73 billion for the second quarter of 2017, 3 percent lower than the second quarter of 2016 ‍​.Quarterly net revenues in equities were $1.89 billion for the second quarter of 2017, 8 percent higher than the second quarter of 2016.Says non-compensation expenses were $2.15 billion for second quarter of 2017, essentially unchanged compared with the second quarter of 2016.Quarterly book value per common share was $187.32.Goldman Sachs CEO says "Mixed operating environment persisted into second quarter as conditions continued to support underwriting and M&A".Says firm's Basel III advanced common equity Tier 1 ratio was 12.5 percent as of June 30, 2017, compared with 12.9 percent as of March 31, 2017.  Full Article