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goldmansachs News

Humbled Goldman Sachs still faces questions on 1MDB

New York - Goldman Sachs's decision to potentially cut bonuses for top executives over the 1MDB scandal reflects an acknowledgement at shareholder and public outrage over the debacle.

Ex-Goldman banker accused over 1MDB loses bail bid

Kuala Lumpur - An ex-Goldman Sachs banker facing charges in the US and Malaysia over a massive financial scandal Monday had his bid to be freed on bail rejected by a Kuala Lumpur court.

Goldman says former Malaysia govt lied, after charges filed

Kuala Lumpur - Goldman Sachs on Tuesday accused the former Malaysian government and state fund 1MDB of lying to the bank, after Kuala Lumpur charged the Wall Street titan over a massive financial scandal.

Malaysia charges Goldman Sachs as pressure mounts over 1MDB scandal

Kuala Lumpur - Malaysia filed criminal charges Monday against Goldman Sachs and two of its former employees over the alleged theft of billions of dollars, heaping fresh pressure on the Wall Street titan over the 1MDB scandal.

Ex-Goldman Sachs CEO met with key 1MDB figure: FT

New York - Former Goldman Sachs CEO Lloyd Blankfein is the senior executive mentioned in US court papers as having met a man at the center of the 1MDB corruption scandal in Malaysia, the Financial Times reported Thursday.

US charges ex-Goldman Sachs bankers in Malaysia graft scandal

New York - US officials have unveiled criminal charges against two former Goldman Sachs bankers over the scandal-plagued Malaysian sovereign wealth fund 1MDB, raising fresh questions about corporate culture at the prestigious investment bank.

US unveils indictments in Malaysia bribery scandal

New York - US officials unveiled criminal indictments Thursday against an intermediary to scandal-plagued Malaysian sovereign wealth fund 1MDB and a former Goldman Sachs banker involved in an elaborate alleged bribery scheme.

Goldman Sachs CEO touts Frankfurt for post-Brexit banking

New York - Goldman Sachs chief executive Lloyd Blankfein took to Twitter Thursday to tout Frankfurt's "great" weather among other attributes, but stopped short of naming the German city as a post-Brexit headquarters.

Goldman Sachs latest to condemn Trump travel ban

New York - Goldman Sachs on Monday joined the growing list of big US companies criticizing President Donald Trump's executive order suspending entry into the United States by people from seven predominantly Muslim countries.

@GSElevator on way down after losing book deal

New York - The man behind a popular Twitter account that appeared to provide a rare insider look at Goldman Sachs has lost his book deal after revelations the former banker never actually worked at the firm.Banker John Lefevre gained Internet fame through his @GS...

Tweeting Goldman Sachs nemesis unmasked

New York - The mastermind behind an online persona that mocked Wall Street with an often razor tone and an insider's touch was finally exposed Tuesday.The New York Times unmasked former Citigroup banker John Lefevre as the architect of "GS Elevator Gossip," a wid...

Goldman Sachs misses out on WhatsApp, 2014's top deals so far

WhatsApp? Not Goldman Sachs.

Libya sues Goldman over failed deals worth $1 bn

London - Libya's sovereign wealth fund is suing banking giant Goldman Sachs for "deliberately exploiting" its position to make $350 million profit on $1 billion worth of failed derivative trades, London's High Court announced Thursday.

Goldman Sachs quarterly profits dip on legal costs

New York - Investment bank Goldman Sachs on Thursday reported a 20.6 percent decline in quarterly earnings, as elevated litigation expenses offset higher underwriting revenues from public offerings. Fourth-quarter earnings came in at $2.
 

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