Goldman Sachs Group Inc will hold its annual board meeting in India later this month in a sign of the U.S.-based bank's commitment to one of the fast-growing emerging markets, a source with direct knowledge of the matter said on Monday.
Economists agree the current labor recovery is creating some jobs, but disagree as to which groups will benefit the most -- and what American society will end up looking like -- as a result. Their disagreements are full of useful insight that could be the base for future policies, if only policymakers were listening.
The fiscal downturn has hit Wall Street executives where it hurts most --their wallets -- and locales dependent upon their income rank as collateral damage.
Goldman Sachs shares currently trade below book value, which presents a rare opportunity for retail investors to buy into the storied Wall Street bank at a discount.
Facebook Inc added several women- and minority-owned investment banks to the roster of underwriters for its initial public offering, following in the footsteps of General Motors Co and Goldman Sachs Group Inc, which did the same during their own offerings.
JPMorgan , Goldman Sachs and Barclays Capital tightened their grip on the over-the-counter market for commodity derivatives among corporations and investors last year, a survey released on Tuesday showed.
Wall Street was set to open lower on Tuesday on renewed concerns that Greece and private bondholders may not meet a looming deadline to complete a debt swap and as caution grew over the global economic outlook after recent weak data.
Goldman Sachs Group Inc has stated that it posted a net loss of $103 million in Asia for the year 2011, compared with a $2.1 billion profit in 2010.
Shares of Yelp (NYSE: YELP) the San Francisco-based review Web site, plunged nearly 15 percent Monday, the first after their $107 million initial public offering.
American International Group is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bail-out.
A team of top proprietary traders at JPMorgan Chase & Co is set to launch what is likely to be one of the largest hedge fund start-ups in 2012, the Financial Times reported on Sunday.
American International Group is looking to raise about $6 billion by selling part of its stake in Asia subsidiary AIA Group Ltd in a long-awaited move to help the bailed-out U.S. insurer repay the federal government.
Facebook Inc, the social networking firm, has hired more banks to work as underwriters for its initial public offering, according to a report.
Facebook Inc will add banks in coming weeks to help underwrite its initial public offering, two sources familiar with its plans said on Friday.
Facebook Inc will add banks in coming weeks to help underwrite its initial public offering, two sources familiar with its plans said on Friday.
Yelp stock was traded on the floor of the New York Stock Exchange (NYSE) for the first time on Friday, March 2. The stock, which is listed under the ticker symbol YELP, opened at $22.01 a share and quickly rose in value to $24.40 a share in just a few hours. The question now is whether YELP stock will continue to rise in the foreseeable future, or if the online company's stock value will soon begin to drop.
Shares of Yelp (NYSE: YELP) the San Francisco-based review Web site, soared as much as 73 percent to $26 in their first hour of trading Friday.
Facebook Inc plans to increase its $2.5 billion credit line to help cover a major tax hit when employee stock awards vest shortly after it goes public, according to two sources familiar with the company's plans.
Yelp Inc, the online reviews service, has priced its initial public offering at $15 per share, which is above its expected range of $12 to $14.
A U.S. Justice Department inquiry into the packaging and sale of home loans by the biggest U.S. banks casts a wide net and appears to significantly overlap with other enforcement efforts, according to people who have viewed subpoenas sent to the firms.
New York's condo market officially has a new champion. The record-breaking $88 million sale of a penthouse of 15 Central Park West appeared in city records Thursday, setting a new bar for the city's luxury market.
Cisco Systems Inc's attempt to convince a European court to impose tougher conditions on Microsoft Corp's acquisition of Skype signals that technology companies are gearing up to battle for control of what some say is the next big thing: videoconferencing.