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Goldman Sachs names new head of Johannesburg office

U.S. investment bank Goldman Sachs has appointed Jonathan Penkin as head of its Johannesburg office, the bank's base for sub-Saharan Africa where the current chief executive is retiring at the end of the year......»»

Category: topSource: reutersDec 11th, 2019

Musk says Silver Lake, Goldman advising on taking Tesla private

Tesla Inc Chief Executive Elon Musk on Monday tweeted that he would work with buyout firm Silver Lake and investment bank Goldman Sachs as financial advisers on a proposal to take private the electric car maker......»»

Category: topSource: reutersAug 13th, 2018

Goldman names Dan Dees as new investment banking co-chief

Goldman Sachs Group Inc named Dan Dees as investment-banking co-chief on Wednesday, according to an internal memo, the latest change in leadership at the Wall Street bank's business units before David Solomon becomes chief executive officer next month......»»

Category: topSource: reutersSep 19th, 2018

The Wall Street Journal: Goldman says 1MDB scandal could hit pay for top execs, including Lloyd Blankfein

The scandal around a corrupt Malaysian investment fund could cost former Goldman Sachs Group Inc. chief Lloyd Blankfein, and other Goldman executives, millions of dollars in pay, the bank said Friday......»»

Category: topSource: marketwatchFeb 1st, 2019

Goldman Sachs tapers call for stock-market drop

The investment bank had predicted the S&P 500 would slide more than 20 percent to 2,400......»»

Category: topSource: foxnews13 hr. 3 min. ago

A Goldman Sachs cryptocurrency report angered true fans

Reuters On Wednesday, Goldman Sachs released a report that outlined five reasons that cryptocurrency is not an asset class or a suitable investment. The report drew backlash from crypto.....»»

Category: topSource: businessinsiderMay 29th, 2020

Goldman Sachs: Cryptocurrencies ‘Are Not an Asset Class’

Goldman Sachs held an investor call Wednesday to discuss current policies for bitcoin, gold and inflation. The stalwart investment bank is still no fan of bitcoin or other cryptocurrencies......»»

Category: forexSource: coindeskMay 27th, 2020

Goldman Sachs president says bank on track to meet growth goals

Goldman Sachs Group Inc President and Chief Operating Officer John Waldron said Wednesday that the bank remains on track to achieve its medium and long term growth targets despite the economic shocks caused by the novel coronavirus......»»

Category: topSource: reutersMay 27th, 2020

Comerica taps new chief investment officer who will join asset management group

John Lynch will serve the Dallas-based bank as CIO, and will join Comerica Asset Management Group, the investment management division of the bank on Tuesday......»»

Category: topSource: bizjournalsMay 26th, 2020

These are the 6 reasons why stocks are "divorced from reality," according to BofA

Lucas Jackson/Reuters Bank of America chief investment s.....»»

Category: topSource: businessinsiderMay 22nd, 2020

Goldman Sachs is going through a huge transformation under CEO David Solomon

Getty Images The storied investment bank is seeing leadership shakeups under CEO David Solomon and a slew of partner departures.  Goldman has been moving away from high-risk businesses like trading .....»»

Category: topSource: businessinsiderMay 9th, 2020

UMB Bank expert: What the recovery will look like

The recovery will be slow but steady into 2021, according to UMB Bank's chief investment officer......»»

Category: topSource: bizjournalsApr 27th, 2020

HSBC cuts top investment bank jobs despite wider firing freeze

HSBC has cut a number of top management roles in its investment bank, memos seen by Reuters showed, as Chief Executive Noel Quinn presses on with changes despite having put a wider job cut programme on hold last month......»»

Category: topSource: reutersApr 20th, 2020

HSBC reshuffles top investment bank jobs: memo

HSBC has reshuffled the leadership of its investment banking division, according to a memo seen by Reuters on Monday, as Chief Executive Noel Quinn presses ahead with changes at the top despite having last month paused a wider job cut programme......»»

Category: topSource: reutersApr 20th, 2020

Exclusive: Norwegian Cruise taps Goldman Sachs to explore stake sale - sources

Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a stake in the company, people familiar with the matter said on Friday......»»

Category: topSource: reutersApr 17th, 2020

Morgan Stanley CEO recovers from coronavirus

The investment bank's chief said he began experience flu-like symptoms in mid-March and later tested positive for the disease......»»

Category: topSource: foxnewsApr 9th, 2020

The "best risk-reward" in 2 years: Morgan Stanley"s investment chief says now is the time for stock traders to buy

Lucas Jackson/Reuters Stocks are in "the best risk-reward" scenario of the past two years as coronavirus risks drive prices to multiyear lows, Mike Wilson, chief investment officer at Morgan Stanley, told CNBC Thursday.  The bank has been buy.....»»

Category: smallbizSource: nytMar 26th, 2020

Goldman Sachs is "very open" to acquisitions: CFO

Goldman Sachs Group Inc Chief Financial Officer Stephen Scherr said on Tuesday the bank is "very open" to acquisitions that can help the bank fill gaps or help speed up growth of certain businesses......»»

Category: topSource: reutersMar 10th, 2020

HomeStreet CFO Mark Ruh departing

Mark Ruh, chief financial officer and executive vice president of HomeStreet Inc., is leaving the company in June, the company said Tuesday. Bank officials said a search for Ruh’s replacement is underway. HomeStreet did not say where Ruh, who .....»»

Category: topSource: bizjournalsMar 3rd, 2020

Exclusive: UBS CEO Ermotti poised to get Swiss Re chairman role - sources

UBS Group Chief Executive Sergio Ermotti is poised to become chairman of Swiss Re next year after leaving the helm of Switzerland's biggest bank, three people familiar with the matter told Reuters......»»

Category: topSource: reutersMar 2nd, 2020