Edition:
United States

Catherine Ngai

Goldman outpaces peers in debt underwriting, bond trading

Apr 17 2018

NEW YORK Goldman Sachs Group Inc on Tuesday reported a year-on-year jump in debt underwriting revenue after working on financing for big M&A deals that some peers missed out on.

Exclusive: Firms complain of contaminated crude from U.S. reserve

Mar 29 2018

NEW YORK Three firms that bought crude oil last year from U.S. emergency stockpiles raised concerns about dangerous levels of a poisonous chemical in the cargoes, according to internal Energy Department emails and shipping documents reviewed by Reuters. | Video

Morgan Stanley wealth customers bring more assets to bank: executive

Mar 20 2018

NEW YORK Morgan Stanley is starting to see some wealth management customers bring assets into the bank that they had held at other firms, President Colm Kelleher said on Tuesday.

Goldman Sachs adds LPL Financial to its securities-lending business

Mar 20 2018

NEW YORK Goldman Sachs Group Inc has signed LPL Financial Holdings, the largest U.S. independent broker-dealer by revenue, to its securities-based lending platform, the bank said on Tuesday.

Goldman steps up hiring of women, minorities worldwide

Mar 15 2018

NEW YORK Goldman Sachs Group Inc wants women to make up half of its global workforce, starting with new analysts by 2021, the Wall Street bank said on Thursday, as it stepped up efforts to address gender and racial imbalance across the board.

Goldman's Solomon sets out to prove bank's revenue engine can roar again

Mar 14 2018

NEW YORK Before Goldman Sachs Group Inc operating chief David Solomon takes the next step in his career, the 56-year-old banker will have to prove that a strategy he has championed to increase annual revenue by $5 billion can actually work.

RPT-Goldman's Solomon sets out to prove bank's revenue engine can roar again

Mar 14 2018

NEW YORK, March 13 Before Goldman Sachs Group Inc operating chief David Solomon takes the next step in his career, the 56-year-old banker will have to prove that a strategy he has championed to increase annual revenue by $5 billion can actually work.

Goldman Sachs' Schwartz retires, paves way for Solomon as next CEO

Mar 12 2018

Goldman Sachs Group Inc unexpectedly announced on Monday that Harvey Schwartz will retire from the bank, leaving David Solomon as sole president and chief operating officer and the most obvious successor to Chief Executive Lloyd Blankfein.

Goldman CEO Blankfein prepares to exit as soon as year-end: WSJ

Mar 09 2018

Lloyd Blankfein could step down as Goldman Sachs Group Inc chief executive as soon as the end of the year, the Wall Street Journal reported on Friday, swiveling the focus to fierce competition between the two contenders to replace him. | Video

Wall Street laments Cohn leaving White House but no one eager to take his place

Mar 08 2018

NEW YORK The departure of Gary Cohn as U.S. President Donald Trump's senior economic adviser has Wall Street pondering who would want to leave a well-paying job in the private sector to work in a White House marked by tension, turnover and legal troubles.

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