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Goldman Sachs results were boosted by a favourable comparison to a year ago when it had set aside more funds to cover potential corporate loan losses due to Covid

Goldman Sachs profit soars on global dealmaking frenzy

Goldman Sachs Group has today reported a surge in second-quarter profit as Wall Street's biggest investment bank cashed in on record global dealmaking activity.

Business • 13 Jul 21

Goldman Sachs is looking for steadier sources of revenue beyond its investment bank

Goldman Sachs expands transaction bank to Britain

Goldman Sachs has launched its transaction bank in Britain, the firm said today, expanding the business after launching in the US last year as it looks for steadier sources of revenue beyond its investment bank.

Business • 21 Jun 21

Goldman Sachs said its first quarter earnings per share rose to $18.60 from $3.11 a year earlier

Goldman Sachs profit jumps on record global dealmaking

Goldman Sachs Group has today reported a massive jump in first-quarter profit, as Wall Street's biggest investment bank capitalised on record levels of global dealmaking activity.

Business • 14 Apr 21

Goldman Sachs says that junior bankers should not be expected in the office from 9pm on Friday until 9am on Sunday

Goldman Sachs junior staff praised for raising abuses

The boss of Goldman Sachs has praised a small group of junior bankers for speaking out over excessive working hours and workplace abuse.

Business • 23 Mar 21

Goldman Sach's office in London, where its staff can get tested for Covid-19 in booths scattered around the building

Goldman Sachs set to start return-to-office push

Goldman Sachs Group's chief executive told the bank's thousands of employees who have been mostly working from home since the start of the pandemic that he hopes to have them working in offices again by this summer.

Business • 12 Mar 21

Goldman Sachs Group has reported a 153% jump in fourth-quarter profit

Goldman Sachs profit surges past estimates

Goldman Sachs Group today dwarfed estimates with a 153% jump in fourth-quarter profit, powered by another strong performance at its core bond trading and underwriting business and an uptick in merger and acquisition activity.

Business • 19 Jan 21

Blanchardstown shopping centre has been sold to Goldman Sachs (Pic: RollingNews.ie)

Blanchardstown Shopping Centre deal cleared by CCPC

Goldman Sachs' deal to buy the Blanchardstown shopping centre in West Dublin has been cleared by the Competition and Consumer Protection Commission (CCPC).

Business • 22 Dec 20

Goldman Sachs is shifting as much as $60 billion of assets from the UK to Frankfurt, reports say

Goldman moves $60 billion of assets from UK to Germany

Goldman Sachs is shifting as much as $60 billion of assets from the UK to Frankfurt, the latest sign that banks are beefing up their European Union operations ahead of Brexit.

Business • 06 Nov 20

The 1MDB corruption scandal proved a humbling and costly saga for the Wall Street giant

Goldman to pay $2.9 billion over role in 1MDB scandal

Goldman Sachs said it had agreed to pay $2.9 billion over its role in Malaysia's 1MDB corruption scandal, lifting a cloud that has hung over the bank for years.

Business • 23 Oct 20

Goldman Sachs' profits were driven by a resurgence in deal-making and continued strength in its trading and underwriting businesses

Goldman Sachs profit nearly doubles on trading surge

Goldman Sachs Group has today reported a 94% rise in quarterly profit, driven by a resurgence in deal-making and continued strength in its trading and underwriting businesses.

Business • 14 Oct 20

Goldman Sachs said its earnings per share in the second quarter rose to $6.26 from $5.81 a year earlier

Goldman Sachs profit rises on trading boost

Goldman Sachs Group's trading revenue doubled in the second quarter, driven by big swings in stock and bond markets since March, helping the bank beat estimates for quarterly profit by a wide margin.

Business • 15 Jul 20

Goldman Sachs has set aside significantly higher provisions related to corporate loans due to the impact of Covid-19

Goldman Sachs profit halves on higher loan provisions

Goldman Sachs Group has today reported a 49% drop in quarterly profit, as it set aside significantly higher provisions related to corporate loans due to the impact of Covid-19.

Business • 15 Apr 20

Goldman Sachs may offer loans through Amazon - report

Goldman Sachs is in advanced talks with Amazon to offer small and medium-sized businesses loans in the United States on the e-commerce giant's lending platform, the Financial Times has reported.

Business • 03 Feb 20

Goldman Sachs was hurt by weakness in its investment banking business and higher operating costs in the fourth quarter

Goldman Sachs profit misses estimates on higher costs

Goldman Sachs Group has today reported quarterly profit that missed analysts' estimates by a wide margin, hurt by weakness in its investment banking business and higher operating costs.

Business • 15 Jan 20

Goldman Sachs said its third quarter earnings per share fell to $4.79 from $6.28 a year earlier

Goldman Sachs Q3 profit hurt by weak underwriting, M&A

Goldman Sachs Group today missed Wall Street's estimates for quarterly profit as global economic worries dampened appetite for deals and share sales.

Business • 15 Oct 19

The claim against Barclays, JP Morgan, RBS, UBS and Citigroup is estimated to be worth more than €1.1bn

Case taken against banks over alleged currency rigging

A number of banks are being sued by investors over allegations they rigged the global foreign exchange market, in a test of US-style class actions in Britain.

Business • 29 Jul 19

Goldman Sachs was hurt by muted fixed income trading activity and weakness in debt underwriting

Goldman Sachs profit beats forecasts on equity trading

Goldman Sachs Group today reported a better than expected quarterly profit as the Wall Street investment bank benefited from higher equity trading and an increase in lending to its wealthy clients and companies.

Business • 16 Jul 19

Goldman Sachs maintained its view that Britain is likely to leave the EU with a modified version of the current withdrawal agreement

Protracted Brexit having 'side-effects' on UK economy

The protracted process of Britain's exit from the European Union has caused side-effects on the British economy to intensify, Goldman Sachs has said.

Brexit • 26 Apr 19

A new report from Goldman Sachs suggests that since the Brexit vote in June 2016, nearly 2.5% has been shaved off the UK's GDP

UK economy haemorrhaging £600m a week due to Brexit

Brexit has cost the British economy £600m a week since the referendum, and the shock of a no-deal divorce could hammer the country even harder.

Business • 01 Apr 19

Goldman Sachs sees a 50% probability of a ratified deal while JPMorgan sees a delay to Brexit

Deal or delay? Wall Street divided on Brexit

As the Brexit crisis deepens, two of the titans of Wall Street have starkly differing views of the ultimate outcome - Goldman Sachs sees a 50% probability of a ratified deal while JPMorgan sees a delay.

Business • 15 Feb 19

Goldman Sachs CEO David Solomon said the bank will invest less in the UK if there is a difficult or hard Brexit

Goldman warns as UK probes life after Brexit for banks

UK politicians have launched an inquiry to plot the best way forward for finance after Brexit as Goldman Sachs warned it could cut jobs if the UK crashes out of the bloc without an agreement in two months' time.

Business • 25 Jan 19

Goldman Sachs' overall trading revenue rose 2% in the three months to the end of December

Goldman Sachs reports higher trading revenue

Goldman Sachs today topped analysts' revenue estimates as stronger equities trading revenue cushioned bond trading losses.

Business • 16 Jan 19

Goldman CEO David Solomon said the bank was not sending any senior executives to the Saudi event, dubbed 'Davos of the Desert'

Goldman Sachs latest to snub Saudi conference

Goldman Sachs has joined the growing list of high-profile businesse snubbing a Saudi investment conference next week amid mounting pressure on Riyad over the disappearance of journalist Jamal Khashoggi.

Business • 19 Oct 18

This is Goldman Sachs' last quarterly results under Lloyd Blankfein, who led the company as chief executive for 12 years

Goldman Sachs profit beats on higher investment trading

Goldman Sachs today reported a better-than-expected quarterly profit, driven by its equities trading and investment banking businesses that offset weakness in bond trading.

Business • 16 Oct 18

Goldman executives have concluded that many steps still need to be taken before a regulated bank would be allowed to trade cryptocurrencies

Goldman Sachs drops bitcoin trading plans for now

Goldman Sachs Group ditching plans to open a desk for trading cryptocurrencies as the regulatory framework for crypto remains unclear, Business Insider has said, citing people familiar with the matter.

Business • 06 Sep 18