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....Germany's Dax broke through 12,400 points for the first time, led higher by Commerzbank and Deutsche Bank. In the US, JP Morgan and Goldman Sachs were the Dow's biggest risers, gaining 3. ... [Read full article on BBC ]
Sunday 23rd of April 2017 09:16:09 PM
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.... He left Oxford with a third-class degree. In 1982, he began working as a bond trader at the US bank Goldman Sachs in London and before long he was one of the stars of the trading team. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 04:30:38 AM
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.... JP Morgan is considering buying office space in Dublin, and Citigroup has warned it may have to relocate “certain client-facing roles to the EU from the UK”. Goldman Sachs has warned that hundreds of roles could change, while HSBC could switch 1,000 investment banking jobs from London to Paris. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 06:03:42 PM
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....Mr Obama has reportedly agreed to be a keynote speaker at an event hosted by Cantor Fitzgerald LP, an investment bank that lost more than two-thirds of its staff in the attack on the World Trade Center on 11 September 2001. The fee is nearly twice the $225,000 that Hillary Clinton received for three speeches to Goldman Sachs in 2015. ... [Read full article on BBC ]
Tuesday 25th of April 2017 09:15:09 PM
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....Barack Obama is to be paid $400,000 (£312,000) to speak at a healthcare conference organised by the Wall Street firm Cantor Fitzgerald, despite his criticism of the finance sector when he was US president. The fee is nearly double that received by Hillary Clinton, who had hoped to succeed him as president, for speeches at Goldman Sachs and indicates the scale of the potential earnings of the former US president. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 09:28:37 AM
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.... He is now working with Topp as chief financial officer at LK Bennett. Michael SherwoodA prominent figure in British banking, Michael Sherwood was co-head of Europe at Goldman Sachs when the bank advised Green on the sale of BHS. ... [Read full article on Guardian ]
Saturday 22nd of April 2017 03:00:17 PM
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....But Nick Hurd, climate change and industry minister, can’t yet boast that the deal “gives us the best of both worlds” – value for money and committed owner. He’s betting that the interests of a bank known as Australia’s answer to Goldman Sachs will coincide with the ambitions of UK policy on green infrastructure. ... [Read full article on Guardian ]
Friday 21st of April 2017 06:20:41 AM
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Latest Finance News related to Goldman Sachs

Deutsche Bank: 4,000 jobs at risk of being moved out of UK after Brexit image
Source : Guardian [Read Article] Wednesday 26th of April 2017 06:03:42 PM
.... JP Morgan is considering buying office space in Dublin, and Citigroup has warned it may have to relocate “certain client-facing roles to the EU from the UK”. Goldman Sachs has warned that hundreds of roles could change, while HSBC could switch 1,000 investment banking jobs from London to Paris. ...
Barack Obama to be paid $400,000 for speech at Cantor Fitzgerald event image
Source : Guardian [Read Article] Wednesday 26th of April 2017 09:28:37 AM
....Barack Obama is to be paid $400,000 (£312,000) to speak at a healthcare conference organised by the Wall Street firm Cantor Fitzgerald, despite his criticism of the finance sector when he was US president. The fee is nearly double that received by Hillary Clinton, who had hoped to succeed him as president, for speeches at Goldman Sachs and indicates the scale of the potential earnings of the former US president. ...
Obama criticised for '$400,000 Wall Street speech' image
Source : BBC [Read Article] Tuesday 25th of April 2017 09:15:09 PM
....Mr Obama has reportedly agreed to be a keynote speaker at an event hosted by Cantor Fitzgerald LP, an investment bank that lost more than two-thirds of its staff in the attack on the World Trade Center on 11 September 2001. The fee is nearly twice the $225,000 that Hillary Clinton received for three speeches to Goldman Sachs in 2015. ...
Green Investment Bank sell-off: only time will tell how green it is | Nils Pratley image
....But Nick Hurd, climate change and industry minister, can’t yet boast that the deal “gives us the best of both worlds” – value for money and committed owner. He’s betting that the interests of a bank known as Australia’s answer to Goldman Sachs will coincide with the ambitions of UK policy on green infrastructure. ...
Government cap on energy prices would spark backlash | Nils Pratley image
Source : Guardian [Read Article] Wednesday 19th of April 2017 06:12:57 PM
....The grubby tale of Green’s sale of BHS to a thrice-bankrupt retailing novice was illuminated when the business committee, alongside Frank Field’s work and pensions committee, summoned the main players and called for documentary evidence. We learned more about how Green runs his retail empire – and the role of hangers-on like Goldman Sachs – than seemed possible at the outset. ...
Morgan Stanley profits jump on bond trading growth image
Source : BBC [Read Article] Wednesday 19th of April 2017 12:27:31 PM
....Morgan Stanley's profits and revenue growth beat analysts' forecasts. On Tuesday, Goldman Sachs and Bank of America also reported quarterly growth, although there was some disappointment that the figures were not higher. ...
Goldman Sachs and Bank of America see profits jump image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:54:29 AM
....44bn), up 44% from the same period in 2016, with gains across its major divisions. Goldman Sachs profits rose 80% from a year earlier to $2. ...
Travelodge makes more out of business than leisure visitors image
Source : BBC [Read Article] Monday 10th of April 2017 07:11:56 AM
.... . Goldman Sachs, Avenue Capital and GoldenTree Asset Management, the firms that took control of Travelodge in 2012, were not expected to hold on to the company long-term after its restructuring. ...
Outlook for City after Brexit 'has improved' image
Source : BBC [Read Article] Sunday 9th of April 2017 09:30:14 AM
....The City of London, the council that covers London's financial centre, itself backed EU membership. Since then, banks including Goldman Sachs, HSBC and UBS have said they will move some jobs out of London as a result of Brexit. ...
Bank of England orders financial firms to draft Brexit contingency plans image
....The insurers Lloyd’s of London and Royal London are setting up subsidiaries outside the UK, while the investment banks JP Morgan and Citigroup are actively exploring the relocation of key operations. Goldman Sachs is to move hundreds of bankers to Frankfurt and Paris, while HSBC could switch 1,000 investment banking jobs from London to Paris. ...
Brexit: Bank urges City to 'plan for all eventualities' image
Source : BBC [Read Article] Friday 7th of April 2017 09:19:58 AM
....Prime Minister Theresa May triggered Article 50 last week, starting two years of formal talks on the UK's withdrawal from the EU. Goldman Sachs, HSBC and UBS are among the banks that have said they will move some jobs out of London as a result of Brexit. ...
Spotify may bypass IPO and list directly on stock market image
Source : BBC [Read Article] Friday 7th of April 2017 01:55:50 AM
....This week it also signed a new long-term licensing deal with Universal Music Group, the world's largest record label. Spotify includes TPG and Goldman Sachs among its major investors. ...
Leading City firms begin to lay groundwork for London jobs exodus image
Source : Guardian [Read Article] Thursday 30th of March 2017 01:06:02 PM
....A number of banks and insurers have already confirmed they could move staff. Goldman Sachs is to move hundreds of bankers to Frankfurt and Paris, while HSBC could switch 1,000 investment banking jobs from London to Paris. ...
Lloyd's of London plans to open Brussels office by middle of 2018 image
Source : Guardian [Read Article] Thursday 30th of March 2017 07:04:46 AM
....AIG, the US insurance company, announced this month that it would set up a subsidiary in Luxembourg, where it currently has a branch. Goldman Sachs is to move move hundreds of bankers to Frankfurt and Paris, while HSBC wants to switch 1,000 investment banking jobs from London to the French capital. ...
Lloyd’s of London will move jobs to new Brussels office image
Source : Guardian [Read Article] Wednesday 29th of March 2017 05:21:41 PM
.... Japanese banks Nomura and Daiwa are reportedly leaning towards the German financial centre. Goldman Sachs, which employs 6,000 people in London, has said it would move hundreds of bankers to Frankfurt and Paris, while HSBC is on course to switch 1,000 investment banking jobs from London to the French capital. ...
What businesses want from the talks image
Source : BBC [Read Article] Tuesday 28th of March 2017 11:01:52 PM
....Estimates vary, but one widely quoted report suggested that up to 75,000 financial jobs could be lost from the UK leaving the single market. HSBC, Goldman Sachs and UBS are among those already planning to move jobs out of the UK, although others have committed to new offices in London. ...
Trump is wrong to criticise Germany over trade – he should look closer to home image
.... This implies a 17% undervaluation of the euro. Moreover, Germany is 19% too cheap within the eurozone if one uses as a baseline a calculation by Goldman Sachs from 2013 and subtracts the appreciation in real terms since that time. ...
Protesters target Connecticut's uber wealthy with 'tax bills' in bid to end loophole image
....Since arriving in the Oval Office, however, Trump has been quiet about carried interest. “He appointed a cabinet full of Goldman Sachs executives,” said Farrell. ...
Deutsche Bank commits to new London office image
Source : BBC [Read Article] Friday 24th of March 2017 09:49:11 AM
.... . This week, a senior Goldman Sachs executive said it would move jobs away from London and bulk up its European presence by "hundreds of people" as part of Brexit contingency plans. ...
Goldman Sachs to move hundreds of staff out of London due to Brexit image
Source : Guardian [Read Article] Tuesday 21st of March 2017 05:26:34 PM
. Goldman Sachs is to start moving hundreds of staff out of London before a Brexit deal is struck, the bank’s European boss has confirmed. ...
Goldman Sachs to expand EU presence ahead of Brexit image
Source : BBC [Read Article] Tuesday 21st of March 2017 03:00:44 PM
. Goldman Sachs will move jobs away from London and bulk up its European presence by "hundreds of people", a senior executive has said. ...
Pound slips on Article 50 date image
Source : BBC [Read Article] Monday 20th of March 2017 11:17:08 AM
....Associated British Foods also gained 1. 7% as Goldman Sachs improved its rating on the Primark owner to "buy" from "neutral". ...
Student digs in Britain giving first-class returns image
Source : Guardian [Read Article] Thursday 16th of March 2017 03:40:59 PM
....We have kitchens in every bedroom, as well as gyms, pools and libraries. Other big investors in British student halls include Goldman Sachs, which owns a majority stake in Vero Group, a fund that now owns a portfolio of 23,000 student beds. ...
Trump's changed stance on Nato, will he sober up about IMF and WTO? | Barry Eichengreen image
....The same can be said of the Basel committee’s standards for capital adequacy. Holding more capital is not costless for US banks, as advisers like Gary Cohn, formerly of Goldman Sachs and now the head of Trump’s National Economic Council, presumably tell the president morning, noon, and night. ...
Senators grill Janet Yellen on Republican plans to neuter Dodd-Frank Act image
Source : Guardian [Read Article] Tuesday 14th of February 2017 05:35:18 PM
.... “We have seen growth in active lending in the economy,” said Yellen. Warren said Trump’s economic adviser, Gary Cohn, and Treasury secretary, Steve Mnuchin, who she said had spent a combined 42 years at Goldman Sachs, had both claimed that banks had been held back by the regulation. ...
Blow to City as London offices face £1.4bn rise in business rates bill image
Source : Guardian [Read Article] Tuesday 14th of February 2017 05:18:45 PM
....The bill will be picked up by occupiers of the offices, and is a new blow to the City’s banks, law firms and insurance companies as they weigh up their options after Britain’s vote to leave the European Union. Goldman Sachs, Nomura and law firm Linklaters all face tax rises, as does the Bank of England, which will pay £21m in business rates over the next five years and faces an increase of more than £1. ...
Steven Mnuchin, former Goldman Sachs exec, confirmed as treasury secretary image
Source : Guardian [Read Article] Tuesday 14th of February 2017 12:50:03 AM
. The US Senate on Monday confirmed Steven Mnuchin as Donald Trump’s treasury secretary, elevating a former Goldman Sachs banker to one of the administration’s highest roles in shaping economic policy. ...
Markets hit new highs over Trump's change of tone on Japan and China image
Source : Guardian [Read Article] Monday 13th of February 2017 06:01:07 PM
....Analysts also pointed to another reason for the strength in US markets. Jasper Lawler, senior market analyst at London Capital Group, said: “Investors are pricing in the benefits of a Goldman Sachs-led treasury department. ...
Instead of draining the swamp, Trump has become Wall Street’s best buddy | Will Hutton image
....On the campaign trail, Trump unfailingly tarred Clinton as compromised by, and enmeshed with, Wall Street and its mega banks. Goldman Sachs had “total control” of her; she was in thrall to a “global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth and put that money into the pockets of a handful of large corporations and political entities”. ...
Candy brothers accused of blackmail and extortion in high court image
Source : Guardian [Read Article] Wednesday 8th of February 2017 11:40:18 AM
....”. With well-known investors ranging from the DJs Danny Rampling and Pete Tong, to the Goldman Sachs investment banking chief Anthony Gutman, Crowdmix employed 160 staff in London and Los Angeles at its peak. ...
Trump's bonfire of banking rules could burn us all | Nils Pratley image
Source : Guardian [Read Article] Monday 6th of February 2017 07:14:50 PM
.... Their dominance of international financial markets is greater even than it was in 2008-09 and the explanation, in part, is surely that they were faster and more determined in raising the extra capital that the FSB and Basel committees requested. JP Morgan, Morgan Stanley, Goldman Sachs et al got back to the races years ago. ...
Hand delivered: will Ocado's robot soon be picking your shopping? image
Source : Guardian [Read Article] Tuesday 31st of January 2017 01:49:24 PM
.... We are creating innovations in the UK and we would argue we are a market leader in the world,” Tatton-Brown said. The company, founded by three former Goldman Sachs bankers in 2000, delivered its first profit in 2015 after 15 years of investment in technology and warehouse systems. ...
Wall Street suffers worst day in months following Trump travel ban image
Source : Guardian [Read Article] Monday 30th of January 2017 06:26:31 PM
....Thousands of people rallied in major US cities and at airports in protest. Goldman Sachs, Nike and Starbucks were among the companies that did not support the ban. ...
Starbucks vows to hire 10,000 refugees as US companies condemn Trump travel ban image
....Starbucks has promised to hire 10,000 refugees over five years in response to Donald Trump’s executive order temporarily barring refugees access to the US and banning entry for anyone from seven majority Muslim countries. The move came as leading US companies including Alphabet, Amazon, Ford, Goldman Sachs and Microsoft came out against the policy. ...
Highly paid part-time roles on the up as employers embrace job shares image
Source : Guardian [Read Article] Monday 30th of January 2017 12:01:38 AM
....Alice La Trobe Weston Executive director, head of European credit research, MSIM Morgan Stanley. Katie Garrett Executive director, senior engineer, Goldman Sachs. ...
Strong dollar drags US growth to slowest pace since 2011 image
Source : Guardian [Read Article] Friday 27th of January 2017 02:15:35 PM
.... Trump and his treasury secretary, Steve Mnuchin, have insisted that the US economy can expand at a faster rate than under the Obama administration. Mnuchin, a former financier at Goldman Sachs, said last year after his nomination that GDP growth of 4% would be achievable once Congress implemented a series of tax cuts and spending plans put forward by Trump. ...
RBS braced for multi-billion-pound settlement for loan-misselling scandal image
Source : Guardian [Read Article] Wednesday 25th of January 2017 09:20:18 PM
....Speculation that RBS might be considering taking a provision has been raised when analysts began to publish their forecasts for the bank’s 2016 financial year. Last week Bloomberg quoted research by analysts at Goldman Sachs as saying: “In light of recent US DoJ settlements with other banks, we see the possibility that RBS will book a significant provision as early as the fourth quarter. ...
Dow Jones industrial average surpasses 20,000 to record high image
Source : Guardian [Read Article] Wednesday 25th of January 2017 02:30:48 PM
....The Dow, which has risen about 9% since Trump’s victory, is probably the best-known US stock indicator although its limited measure is not the one favoured by most market professionals. It measures the performance of 30 of the largest publicly owned companies based in the United States, including Apple, ExxonMobil and Goldman Sachs. ...
Citigroup plans new operations away from London after Brexit image
Source : Guardian [Read Article] Tuesday 24th of January 2017 07:49:23 PM
.... Swiss bank UBS has also said roles will go – citing Frankfurt or Madrid as possible locations. Goldman Sachs is also expected to have to shift some of its 6,000-strong workforce out of the City. ...
Trump didn’t kill TPP, the people did | Owen Jones image
Source : Guardian [Read Article] Tuesday 24th of January 2017 09:39:47 AM
....Trump is no remedy to these threats: quite the opposite. “Drain the swamp” was his rallying cry, but his presumptive administration is the swamp, stuffed full of Goldman Sachs ex-employees and tycoons like ex-ExxonMobil CEO Rex Tillerson. ...
Is the City of London going to hell in a Brexit handcart? image
Source : Guardian [Read Article] Thursday 19th of January 2017 07:41:32 PM
.... Same figure for us, replies UBS, but possibly Frankfurt and Madrid. Meanwhile, Goldman Sachs is stalling on its plan to expand in London. ...
Goldman Sachs stalls plan to move jobs to UK amid Brexit uncertainty image
Source : Guardian [Read Article] Thursday 19th of January 2017 01:15:50 PM
. Goldman Sachs has suspended plans to move key operations from the US to London because of the uncertainty created by the vote to leave the EU. ...
What did Rolls-Royce directors know about bribery scandal? 'No comment' image
Source : Guardian [Read Article] Thursday 19th of January 2017 07:00:30 AM
....Chairman of Rolls-Royce from 2005 to 2013 and the former deputy chairman of HSBC. Robertson is an investment banker who was managing director of Goldman Sachs International and chair of UK-based investment bank Dresdner Kleinwort Benson. ...
'The swamp is Goldman Sachs': how the bank is rewarded for putting profits over people image
. In a persistent drizzle on 17 January, a group of protesters swathed in green ponchos unfurled tarps and sleeping bags on the sidewalk in front of Goldman Sachs’ high-rise building on the West Side highway in New York City. ...
Globalisation has made the world a better place | Jim O'Neill image
Source : Guardian [Read Article] Wednesday 18th of January 2017 10:07:59 AM
.... And we still need it to eradicate poverty and generate higher living standards for all. • Jim O’Neill, a former chairman of Goldman Sachs Asset Management and former commercial secretary to the UK Treasury, is honorary professor of economics at Manchester University. ...
FTSE 100 heads towards another record image
Source : BBC [Read Article] Friday 13th of January 2017 09:08:23 AM
....ITV shares rose 2. 6% after Goldman Sachs named the broadcaster as one of a number of possible bid targets in the European media sector. ...
Sir David Clementi: City grandee ready to do the business at the BBC image
Source : Guardian [Read Article] Tuesday 10th of January 2017 04:40:51 PM
....Clementi, who had hosted a breakfast for William Hague shortly after the Tories’ 1997 election defeat, was not expecting the call. His selection came as a surprise to many, including his bank bosses in Frankfurt, as most had expected Labour to reward Goldman Sachs economist Gavyn Davies. ...
Brexit wasn’t a ‘Michael Fish moment’: but economics does need to change image
.... They are about to find out the size of their annual bonuses. The US banks traditionally go first: JP Morgan and Bank of America report results – and the size of their bonus pools – this week, with Goldman Sachs and Morgan Stanley to follow. ...
Snapchat accused of lying about user numbers to inflate value of IPO image
Source : Guardian [Read Article] Thursday 5th of January 2017 09:01:08 PM
....Last year, anonymous sources with Snap told Bloomberg News that Snapchat had more than 150 million daily users who upload more than 10bn videos a day. In November, Snap filed paperwork for a possible $25bn IPO, according to the Wall Street Journal, with Morgan Stanley and Goldman Sachs as lead investors. ...
Rex Tillerson cuts ties with Exxon Mobil via $180m retirement package image
Source : Guardian [Read Article] Wednesday 4th of January 2017 02:16:38 PM
....The unprecedented wealth of Trump’s list of cabinet nominees means that more disclosures like Tillerson’s ate expected in the coming weeks and multiple billionaires across several industries will, like Tillerson, make huge savings on capital gains taxes, among other incentives, on their huge fortunes in return to taking up public office. Wilbur Ross, the billionaire banker and restructuring specialist, whom Trump tapped to be secretary of commerce, and Gary Cohn, the former second in command at Goldman Sachs, whom Trump would like to lead the national economic council, are both expected to outline their own plans in the coming days. ...
Nearly 1,000 City staff  at four big US banks given €1m in pay deals in 2015 image
Source : Guardian [Read Article] Wednesday 28th of December 2016 05:34:51 PM
....Four major US banks handed almost 1,000 of their top City staff at least €1m (£850,000) in pay deals last year. Goldman Sachs, the highest profile Wall Street bank, disclosed that 11 of its key staff received at least €5m in 2015. ...
Barclays' defiance of US fines has merit image
Source : Guardian [Read Article] Friday 23rd of December 2016 04:03:46 PM
....There is also a strong suspicion that the roulette wheel is weighted against the Europeans. US banks, in the forms of JP Morgan, Goldman Sachs, Morgan Stanley, Bank of America and Citi, were at the front of the queue for settlement for no obvious reason. ...
Deutsche Bank and Credit Suisse agree multibillion-dollar settlements with US image
....The penalties are part of an effort by outgoing president Barack Obama to hold banks accountable. These are the first major agreements to be reached with non-US banks – JP Morgan, Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch and Citi have all been punished. ...
US justice department accuses Barclays over mortgage mis-selling image
Source : Guardian [Read Article] Thursday 22nd of December 2016 10:59:23 PM
.... The scheme involved 36 RMBS deals in which $31bn worth of loans were packaged up in securitisations. The DoJ more usually reaches settlements with major financial firms over its investigations and has done so in relation to RMBS with a number of US banks, including JP Morgan, Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch and Citi. ...
Adani coalmine 'covertly funded' by World Bank, says report image
Source : Guardian [Read Article] Thursday 22nd of December 2016 05:33:56 AM
....Adani’s former adviser on Carmichael, the Commonwealth Bank, as well as National Australia Bank are among those that have either withdrawn or ruled out involvement, reportedly in part because of the environmental controversy. Another 11 of the biggest international lenders to coal projects – Deutsche Bank, HSBC, Barclays, Royal Bank of Scotland, Morgan Stanley, JP Morgan Chase, Goldman Sachs, Citi, BNP Paribas, Societe Generale and Credit Agricole – have ruled out funding Carmichael. ...
FTSE 100 edges higher but Capita leads the fallers image
Source : Guardian [Read Article] Wednesday 21st of December 2016 09:37:58 AM
....Capita is the leading faller after yet another downgrade. In the wake of Jefferies and Credit Suisse reducing their target price, Goldman Sachs has moved from 771p to 595p with a neutral rating. ...
What the US economy doesn't need from Donald Trump | Joseph Stiglitz image
Source : Guardian [Read Article] Monday 19th of December 2016 11:19:56 AM
.... And back-loaded stimulus has its own problems, unless it is managed extremely carefully. If Trump’s pick for US treasury secretary, the Goldman Sachs and hedge fund veteran Steven Mnuchin, is like others from his industry, the expertise he will bring to the job will be in tax avoidance, not constructing a well-designed tax system. ...
Donald Trump faces Senate backlash over ‘cabinet of billionaires’ image
Source : Guardian [Read Article] Sunday 18th of December 2016 12:04:36 AM
....Earlier this month, Donald Trump used a “thank-you” rally in Des Moines, Iowa, to give his supporters further insight into the “deal-making” team he intends to build in Washington. As president-elect, Trump has so far nominated a number of billionaires, three Goldman Sachs bankers and the chief executive of the world’s largest oil firm to senior positions. ...
'Call me': Donald Trump woos tech leaders at New York meeting image
Source : Guardian [Read Article] Wednesday 14th of December 2016 09:22:39 PM
.... They just say, ‘Oh, it’s Wilbur. ’” Trump also introduced Gary Cohn, former president of Goldman Sachs, who left the investment bank earlier this week to serve as Trump’s chief economic adviser. ...
Donald Trump: 'No new business deals' during presidency image
Source : BBC [Read Article] Tuesday 13th of December 2016 01:52:37 AM
....Media reports suggested that the delay in outlining how he plans to separate his business interests from his presidency was also due to his focus on a number of high-profile cabinet appointments he has been making. Mr Trump said he was appointing Goldman Sachs President Gary Cohn as his "top economic adviser". ...
Donald Trump has a handy scapegoat when economic clouds appear image
Source : Guardian [Read Article] Sunday 11th of December 2016 07:00:21 AM
.... His nominee for Treasury secretary, Steven Mnuchin (pronounced Mi-new-chin) has already declared he wants to cut taxes as much for middle-income earners as for big business. The former Goldman Sachs deal-maker also wants to tear up business regulations to spur growth of 3% to 4%, year in, year out. ...
Donald Trump's talk of 'draining the swamp' rings hollow image
Source : Guardian [Read Article] Saturday 10th of December 2016 01:00:03 PM
....” Try that speech out at a Trump rally and see where it gets you. Puzder, Mnuchin and Ross now look set to be joined by Goldman Sachs chief operating officer Gary Cohn, who is rumored to be Trump’s pick to lead the National Economic Council. ...
Wall Street sets fresh record highs image
Source : BBC [Read Article] Thursday 8th of December 2016 09:12:14 PM
....Both the Dow and S&P 500 finished at record highs on Wednesday. Financial services firms were the winners with Goldman Sachs up more than 2% and JP Morgan up around 1. ...
Capita shares dive to 10-year low after profit warning image
Source : Guardian [Read Article] Thursday 8th of December 2016 11:20:33 AM
....Capita said it would now sell the majority of its Capita Asset Services division, which expects operating profit of £60m in 2016. Capita has hired Goldman Sachs to sell the unit and has already had interest, Parker said. ...
Mark Carney says we face a ‘lost decade’. The left needs to get its act together | Owen Jones image
.... The failures of the private market, from the financial crisis to Britain’s deeply unpopular privatised utilities. A political elite who are widely regarded as being stooges of corporate interests (a sentiment Trump cynically exploited, until he himself stuffed his own nascent administration with former Goldman Sachs employees). ...
Dow rises to a fresh record close image
Source : BBC [Read Article] Monday 5th of December 2016 09:39:54 PM
Hammond and Davis meet bank chiefs to talk Brexit 'opportunities' image
Source : Guardian [Read Article] Monday 5th of December 2016 03:42:06 PM
. Banking leaders from Goldman Sachs and HSBC were among those who met the chancellor and the Brexit secretary to discuss how to keep financial services in the UK after leaving the European Union. ...
Steve Mnuchin: Who is Trump's new treasury secretary? image
Source : BBC [Read Article] Wednesday 30th of November 2016 02:09:37 PM
. US President-elect Donald Trump has picked former Goldman Sachs banker Steven Mnuchin as his treasury secretary - what do we know about him?. ...

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