Following the tradition of big tech companies like Google and Apple, Facebook has reportedly chosen to list its shares on the Nasdaq under the ticker symbol FB. The report comes from The New York Times, which cites Facebook insiders with knowledge of the matter.
BTG Pactual, the largest independent investment bank in Latin America, said it is planning to raise up to $2.24 billion in a public offering that could signal the revival of Brazil's IPO market.
Who is Goldman Sachs? Wall Street's top investment bank, or a company that treats its clients like muppets in order to make as much profit as possible? And what does that mean for the rest of us?
A private equity arm of Goldman Sachs is looking to launch a $3 billion property debt fund in a bid to take advantage of a growing shortage of real estate financing across the UK and Europe, British newspaper the Times said on Monday.
Gold prices will continue to rise steadily throughout the next 12 months, as long as the U.S. economy maintains its tepid recovery, according to a note recently released by Goldman Sachs Group Inc.
Leaders of the top five emerging world powerhouses, Brazil, Russia, India, China and South Africa (BRICS), will kick off a two-day summit in the Indian capital today, eyeing increased trade cooperation and seeking common ground on the plan to set up a development bank.
Within three years, the combined GDP of Brazil, Russia, India, China and South Africa is forecast to exceed that of the United States. China is expected to become the world's No. 1 economy by 2027.
Gold prices slid below $1,680 an ounce on Wednesday, extending the previous day's retreat from two-week highs as the momentum sparked by expectations for further monetary easing faded after the metal failed to break through key resistance.
Goldman Sachs Group Inc's first-quarter earnings are expected to benefit from the increased use of derivatives by European clients seeking ways to hedge risk, according to an internal report seen by Reuters.
Former Goldman Sachs Group Inc director Rajat Gupta lost his bid to suppress wiretap evidence from his upcoming criminal insider-trading trial on charges that he leaked boardroom secrets to hedge fund founder Raj Rajaratnam.
Tim Cook has taken a step that Steve Jobs never did: Visit China. This is the first time an Apple CEO has visited the country in an official capacity, several sources report, including Apple-centric blog AppleInsider.
Blackstone Group LP and Bain Capital LP have tapped banks for an initial public offering of Michael Stores Inc, North America's largest specialty retailer of arts and crafts which they paid over $6 billion to take private in 2006, four people familiar with the matter said on Monday.
Greg Smith -- the former executive at Goldman Sachs Group Inc. who put a new spin on the old letter of resignation with his "Why I Am Leaving Goldman Sachs" op-ed article in the New York Times on March 14 -- apparently would like to amplify on his remarks in book form, according to the newspaper.
Greg Smith, the former Goldman Sachs executive who resigned this month and condemned the investment bank in a scathing New York Times opinion column, is seeking a deal to write a book about his experience there, the newspaper reported.
U.S. securities regulators accused Wells Fargo & Co on Friday of repeatedly ignoring its subpoenas for documents in connection with a probe into the bank's $60 billion sale of mortgage-backed securities.
Goldman Sachs is planning to conduct a company-wide internal email scan to see if employees are really using derogatory terms like muppet to refer to their clients, a move triggered by last week's scathing op-ed by former employee Greg Smith. Smith tore into the investment and securities giant for its toxic, destructive and unethical environment after resigning earlier this month.
A lawsuit that accused Goldman Sachs Group Inc. of defrauding investors was refused dismissal by a federal judge in Manhattan, according to the latest reports.
Payment processor Vantiv priced shares in its $500 million initial public offering at the midpoint of its expected range on Wednesday, according to an underwriter.
Stocks struggled on Wednesday to rise above recent highs, hampered by losses in risk-associated sectors like energy and financials.
Senior Facebook executives met Monday with analysts and bankers, but CEO Mark Zuckerberg didn't attend. The company's chief financial officer told attendees that Zuckerberg prefers to focus on developing Facebook's social-networking service.
The Federal Reserve plans to fine eight more bank holding companies for improper home mortgage foreclosures, the latest fallout from the so-called robo-signing scandal in which banks filed foreclosure documents without verifying their accuracy.
The top aftermarket NYSE gainers Monday were: Michael Kors Holdings Ltd, Enersys, SunTrust Banks, Lions Gate Entertainment Corp, SunCoke Energy and Headwaters. The top aftermarket NYSE Losers were: Regency Energy Partners, Excel Maritime Carriers, Roundy's, Williams-Sonoma, Beazer Homes USA and Mueller Water Products.
