Goldman Sachs Group Inc. said Tuesday it raised $9.7 billion in commitments for its private-equity fund West Street Capital Partners VIII LP, its largest buyout fund since 2007. Managed by Read more
Tag: Goldman Sachs Group Inc.
Goldman Sachs turns bearish on stocks, while BlackRock says ‘shun most equities’
It’s been raining caution on Wall Street, with Goldman Sachs and BlackRock the latest big names to turn cool on equities. Days after cutting their year-end S&P 500 index target Read more
Citrix debt deal prices with large losses for banks
Investment banks including Bank of America Corp., Credit Suisse Group AG and Goldman Sachs Group Inc. are on track to collectively lose more than $500 million on debt backing the Read more
Lawsuit claims women at Goldman Sachs were harassed, assaulted for years
Scores of women employed at Goldman Sachs GS, -2.43% more than a decade ago unsealed fresh accusations of how they were subjected for years to discrimination, sexual harassment and sexual Read more
Why rising Treasury yields are plaguing the stock market ahead of Fed’s next rate hike
Yields are rising in the U.S. and around the world, driven by the imperative need of central banks to get tough on inflation — which is leaving the once-perennially popular Read more
JPMorgan and Goldman are still top dogs in investment banking but business shrinks significantly in 2022
JPMorgan Chase & Co. and Goldman Sachs Group Inc. held on to their one-two rankings in investment banking revenue in 2022 while Bank of America Corp. pushed its way into Read more
Anshu Jain, former Deutsche Bank CEO in its trading heyday, dies at 59
Anshu Jain, Cantor Fitzgerald’s president and former CEO of Deutsche Bank from 2012 to 2015, died Saturday five years after being diagnosed with duodenal cancer, Bloomberg and Reuters reported. He Read more
McDonald’s set to reopen in some cities in Ukraine — report
McDonald’s Corp. is set to reopen some of its restaurants in Ukraine, according to a news report. The fast food chain, which closed its restaurants in the country following Russia’s Read more
Avaya stock plunges toward record low after WSJ report that $600 million debt deal soured
A $600 million debt deal arranged for beleaguered business communication company Avaya Holdings Corp. quickly went bad, according to The Wall Street Journal. The WSJ reported Tuesday that Goldman Sachs Read more
Merger Monday brings fresh hope to investment bankers facing talk of head count reductions
A flurry of merger deals on Monday marked a bullish sign amid talk of lower bonuses and potential layoffs awaiting investment bankers on Wall Street. The deal parade of more Read more