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Stock Market & Financial Investment News

News For BRGYY;GS From The Last 14 Days
Check below for free stories on BRGYY;GS the last two weeks.
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May 9, 2013
06:05 EDTGSGoldman Sachs made about $500M for Malaysian bond sales, Bloomberg reports
Goldman Sachs Group made about $500M arranging three bond sales in the past year for 1Malaysia Development Bhd., the state investment fund led by Prime Minister Najib Razak, sources say, reports Bloomberg. That total is nearly as much as Malaysia pays each month on its debt and compares with Goldman's record $694M of global bond underwriting fees in the first quarter, according to Bloomberg data. Reference Link
05:43 EDTGSBig banks take the offense against Washington, WSJ reports
The biggest U.S. banks are going on the offensive to fight off growing efforts in Washington to rein them in, reports the Wall Street Journal. They've hired longtime, influential Washington insiders to deflect regulatory and political pressure to strengthen their finances and to sell assets. Reference Link
05:34 EDTBRGYYBG Group upgraded to Buy from Hold at Deutsche Bank
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May 8, 2013
13:14 EDTGSGoldman said to have earned $500M from Malaysia bond deals, Bloomberg reports
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07:24 EDTGSFederal Reserve Bank of Chicago to host a conference
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May 7, 2013
10:20 EDTGSBanks accused of restraining swaps market competition, Bloomberg says
A sheet metal workers union in Cleveland claimed in federal court that Goldman Sachs Group (GS), Citigroup (C) and 10 other banks have restrained market competition" for credit default swaps, violating U.S antitrust law, says Bloomberg. Other banks named in the complaint include Bank of America (BAC), Deutsche Bank (DB), and UBS (UBS), added Bloomberg. Reference Link
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