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Stock Market & Financial Investment News

News Breaks
May 20, 2014
13:19 EDTGSGoldman Sachs looking to sell metals warehousing business, Reuters reports
Goldman Sachs has put Metro International Trade Services, its metals warehousing business, up for sale, Reuters reports, citing a company spokesperson. Goldman acquired the unit four years ago. Reference Link
News For GS From The Last 14 Days
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November 30, 2015
19:23 EDTGSOn Deck Chief Architect departs for Goldman Sachs
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November 27, 2015
08:40 EDTGSLarge Banks reduce number of loans to small businesses, WSJ says
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07:39 EDTGSBofA, Barclays, other banks sued over rate-swap market block, Bloomberg says
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November 25, 2015
12:46 EDTGSFederal Reserve approves final rule for capital plan and stress test regulations
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06:17 EDTGSThree Goldman Sachs bankers leave for Uber, Reuters reports
Three bankers in Goldman Sach's technology investment banking group have left the company to take positions at Uber in recent months, reports Reuters, citing people familiar with the matter. Goldman does not disclose attrition figures, but has lost enough employees to startups and private equity firms that it announced earlier a series of changes designed to retain more junior employees. Reference Link
November 24, 2015
15:05 EDTGSFed to provide means for banks examiners to express divergent views
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07:45 EDTGSSunEdison places 400MW of solar capacity on sale, Economic Times says
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November 18, 2015
08:55 EDTGSMorgan Stanley exec sees Q4 not much better than Q3 for banks, DJ reports
Morgan Stanley (MS) Institutional Securities President Colm Kelleher cautioned that fixed-income markets "still seem subdued," according to Dow Jones, citing his comments at an investment conference. Morgan Stanley was among the banks that reported lower revenue from fixed-income, currency and commodities trading during the third quarter and Kelleher said he doesn't think "the fourth quarter is going to be much better," the report noted. Large bank peers to Morgan Stanley include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link

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