Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.
Category: Goldman Sachs Group Inc
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Goldman Sachs Draws Scrutiny Over Money Earned on Silicon Valley Bank Deal
Goldman bought a bond portfolio on which the bank had booked a $1.8 billion loss, while also trying to raise capital for the bank in its last days.
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Goldman Sachs Eyes a Big Payout from Silicon Valley Bank Deal
The Wall Street giant is likely to be paid more than $100 million for its role in a bond purchase that ultimately failed to save the California bank from collapse.
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Shares in First Republic and Others Rise After Federal Bank Rescue
First Republic, Western Alliance and PacWest Bancorp shares were set to rise on Tuesday after one of the industry’s worst stock routs in years.
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Troubles at Silicon Valley Bank Rock the Global Stock Market.
Shares in the bank, a go-to funder of tech start-ups, have fallen more than 60 percent in the past day as investors fear for its finances, and those of similarly sized lenders.
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Former Goldman Banker Gets 10 Years in Prison for His Role in 1MDB Scandal
Roger Ng, who was convicted of bribery and money-laundering charges last year, was sentenced to a 10-year prison term.
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Salesforce Faces Mounting Investor Pressure As Profits Sag
The software giant faces mounting pressure from activist investors and pushback from employees unhappy about a wave of firings and the scaling back of office perks.
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How Biden Is Seeking to Reshape Business via the CHIPS Act
Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks.
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The Winners and Losers from Super Bowl LVII
There were surprises on-field and off — from Rihanna’s halftime performance to Disney’s controversial ad splash.
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Carlyle Taps a Former Goldman Exec to Fill Leadership Void
The private equity giant has fallen behind rivals in fundraising in recent months, and its stock has underperformed the broader market.
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Carlyle Names Harvey Schwartz, Former Goldman Sachs Executive, as CEO
Harvey Schwartz, who was passed over for the top job at Goldman Sachs, is taking over at the private equity giant.