7330 Stories, most recent news story added 1 hour 46 minutes ago
The United States may be emerging from recession but some firms are canceling holiday parties for a second year in a row and others are bragging about having fun on the cheap.
Dec. 3 (Bloomberg) -- Goldman Sachs Group Inc. has been meeting shareholders since mid-October to explain its compensation principles after setting aside $16.7 billion to pay employees in the first nine months of the year.
Dec. 4 (Bloomberg) -- Credit Suisse Group AG , Deutsche Bank AG, Goldman Sachs Group Inc. and law firms working on the government bailouts of British lenders Northern Rock Plc and Royal Bank of Scotland Group Plc will earn 107 million pounds ($178.2 million) in fees for their advice.
Dec. 4 (Bloomberg) -- Dubai and Kuwait will lag behind other Gulf Arab states as the region’s economies recover, Goldman Sachs’ economist Ahmet Akarli said.
Fraga, speaking late yesterday in New York, said the fiscal stimulus that helped pull Latin America’s largest economy out of the global recession should be pared back as growth “takes off.”
LaGuardia Community College will be the first educational institution to reap the benefits of Goldman Sachs’ $500 million small business initiative.
Citigroup is the last of the Wall Street giants to remain tethered to government support, putting the struggling bank at a further disadvantage.
Dec. 4 (Bloomberg) -- Bank of America Corp., the largest U.S. lender, raised $19.3 billion selling securities at $15 apiece in the biggest sale of stock or preferred shares by a U.S. public company since at least 2000.
Dec. 4 (Bloomberg) -- Bank of America Corp., the largest U.S. lender, raised $19.3 billion selling securities at $15 apiece in the biggest sale of stock or preferred shares by a U.S. public company since at least 2000.
(AP:NEW YORK) Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $3.26 or 2.0 percent, to $167.56. Morgan Stanley rose $.57 or 1.9 percent, to $30.77.