The Goldman Sachs Group, Inc.
News and overview for The Goldman Sachs Group, Inc.
Goldman Was Exposed to AIG Losses: Government Report
ABC News | 4 days 20 hours 27 minutes ago
NEW YORK (Reuters) - Goldman Sachs Group Inc could have suffered dramatic losses if the federal government had not intervened to prop up American International Group Inc , according to a government report.
Goldman was exposed to AIG losses - govt report
Reuters | 4 days 22 hours 19 minutes ago
NEW YORK, Nov 18 (Reuters) - Goldman Sachs Group Inc (GS.N) could have suffered dramatic losses if the federal government had not intervened to prop up American International Group Inc (AIG.N), according to a government report.
Some Shareholders Want Goldman to Cut Back on Bonuses
Wall Street Journal, The | 3 days 8 hours 17 minutes ago
Some of the largest shareholders in Goldman Sachs Group Inc. have urged the Wall Street firm to reduce the size of its bonus pool, arguing that it should pass along more of its blockbuster earnings to investors, according to people familiar with the situation.
Analysts again expect big profit from Goldman in the 3rd-quarter despite season slowdown
Orlando Sentinel (Fla.) | 39 days 20 hours 2 minutes ago
NEW YORK (AP) — Goldman Sachs Group Inc. reports third-quarter financial results on Thursday. The following is a summary of key developments and analyst opinion related to the period.
ICBC 'relieved' as Allianz, AmEx won't sell shares after lock-up - MarketWatch
MarketWatch | 34 days 9 hours 12 minutes ago
SHANGHAI (MarketWatch) -- Shares of Industrial & Commercial Bank of China Ltd. (1398.HK) rose Tuesday after two foreign investors said they have no immediate plans to reduce their stakes in the world's largest lender by market value.
Bah! Humbug! Goldman Sachs says no to Christmas party
InvestmentNews | 2 days 13 hours 58 minutes ago
In an attempt to keep a low profile, The Goldman Sachs Group Inc.
Goldman Sachs to take out garbage at Thanksgiving
Yahoo! | 21 hours 20 minutes ago
NEW YORK – The Salvation Army plans to serve 10,000 free dinners across the city this Thanksgiving meals planned by a star chef, cooked by one of New York's ritziest caterers and cleaned up by employees of one of Wall Street's most vilified financial firms.
Goldman Sachs, Warren Buffet to help small businesses
Salt Lake Tribune (Utah), The | 5 days 5 hours 52 minutes ago
Goldman Sachs Group Inc., seeking to burnish its tattered image, said it's teaming with Warren Buffett to invest $500 million to provide thousands of small-business owners across America with college scholarships and boost their access to capital.
Miners, tech firms lead Europe to sharp gains - MarketWatch
MarketWatch | 40 days 5 hours 36 minutes ago
The results beat analyst expectations for net income of 13.5 million euros on sales of 526 million euros, according to a Dow Jones Newswires poll of five analysts. Revenue for the group fell 20% to 555 million euros.
Goldman bonuses overshadow charity work
Canada.com | 39 days 40 minutes ago
Goldman Sachs Group Inc., on pace to top 2007s record US$20.12-billion in compensation, may find that acts of largess arent enough to mitigate a public backlash sparked by the firms bonuses.
Federal regulators probe Goldman Sachs compensation practices
PLI SmartBrief | 109 days 8 hours 46 minutes ago
Goldman Sachs Group Inc. announced that it is cooperating...agencies seeking to learn more about the financial companies' compensation and derivatives practices. The probe comes after the credit crisis in which government officials...
Goldman, Buffett Team to Aid Small Businesses
Wall Street Journal, The | 4 days 22 hours 22 minutes ago
Goldman Sachs Group Inc. said it is launching a $500 million small-business assistance program that includes an advisory panel with billionaire investor Warren Buffett.
Goldman, Buffett Team To Aid Small Businesses
Wall Street Journal, The | 5 days 7 hours 25 minutes ago
Goldman Sachs Group Inc. said it is launching a $500 million small-business assistance program that includes an advisory panel with billionaire investor Warren Buffett.
Critical Alerts for Goldman Sachs, Caterpillar, Coventry Health Care, Black & Decker, and Eastman Chemical Released by Seven Summits Research [Press Release]
PRNewswire | 97 days 13 minutes ago
...into your browser then press the [ENTER] key.) Today's PriceWatch Alerts cover the following stocks: Goldman Sachs Group Inc. , Caterpillar Inc. , Coventry Health Care Inc. , The Black & Decker Corporation...
Vornado Targets Ailing Retailers But May Face Hurdles of Its Own
Wall Street Journal, The | 33 days 14 hours 4 minutes ago
...made it clear that they think they're among the haves, not the have-nots. Michael Fascitelli, the former Goldman Sachs Group Inc. real-estate chief who recently became Vornado...
Company Overview
| Company: | The Goldman Sachs Group, Inc. |
|---|---|
| Industry: | Large-Market Investment Banking |
| Website: | http://www.goldmansachs.com |
Goldman Sachs has traditionally possessed the Midas touch in the investment banking world. A global leader in mergers and acquisitions advice and securities underwriting, Goldman offers a gamut of investment banking and asset management services to corporate and government clients, as well as institutional and individual investors. It owns Goldman Sachs Execution & Clearing, one of the largest market makers on the NYSE and a leading market maker for fixed income products, currencies, and commodities. In 2008 Goldman Sachs converted to a bank holding company and formed subsidiary Goldman Sachs Bank USA (GS Bank USA), now in charge of bank loan trading, mortgage originations, and other activities.
Key Numbers
| Sales in U.S. Dollars (mil.) | 22,222 (2008) |
|---|---|
| One-year % Growth in Sales | -51.7 (2008) |
| Net Income in U.S. Dollars (mil.) | 2,322 (2008) |
| One-year % Growth in Net Income | -79.6 (2008) |
| Number of Employees | 30,067 (2008) |
| One-year % Growth in Number of Employees | -1.5 (2008) |
| Fiscal Year-End | November |
