GOLDMAN SACHS

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Ally Financial delaying IPO: sources

Ally Financial, the auto and mortgage lender majority-owned by the U.S. government, is delaying its initial public offering due to bad market conditions, two sources familiar with the situation told Reuters.

Morgan Stanley, China partner launch brokerage JV

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Morgan Stanley and its China partner Huaxin Securities launched their joint venture on Friday, joining several other rivals looking to cash in on the country's booming investment banking business.
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Goldman shareholder sues ex-director Gupta

A Goldman Sachs Group Inc shareholder sued Rajat Gupta, a former director of the investment bank, on Monday over trades revealed at the criminal insider trading trial of Galleon hedge fund founder Raj Rajaratnam.
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Goldman Sachs shareholder sues ex-director Gupta

A Goldman Sachs Group Inc shareholder sued Rajat Gupta, a former director of the investment bank, over trades revealed in civil and criminal insider trading cases against Gupta and convicted Galleon hedge fund founder Raj Rajaratnam.
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Goldman may seek to counter Senate findings: report

Goldman Sachs Group Inc could release documents to counter a Senate subcommittee report that said the bank misled clients about mortgage-linked securities, the Wall Street Journal reported, citing people familiar with the matter.
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Goldman may release papers to counter report: report

Goldman Sachs Group Inc could release documents to counter a Senate subcommittee report that said the bank misled clients about mortgage-linked securities, the Wall Street Journal reported, citing people familiar with the matter.
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Investors stay wary before Prada's IPO show

Wealthy Asian buyers are used to jostling for seats at fashion house Prada's catwalk shows, but investors may baulk at the price of its upcoming $2 billion initial public share offering in Hong Kong.
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Groupon files for IPO of up to $750 million

Online coupon company Groupon Inc filed for an initial public offering on Thursday, the latest in a series of social networking companies to tap the U.S. capital markets.

Groupon Files For IPO

Groupon has become the next big social company to file for an IPO, following in LinkedIn's footsteps.
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Goldman Sachs gets subpoena from Manhattan DA

Goldman Sachs Group received a subpoena from New York prosecutors seeking information on the investment bank's role leading into the global financial crisis, a person familiar with the matter said.
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NY prosecutors subpoena Goldman Sachs

Goldman Sachs Group received a subpoena from New York prosecutors seeking information on the investment bank's role leading into the global financial crisis, a person familiar with the matter said.
Nokia Teams With Microsoft

After Skype, Microsoft eyes Nokia?

After getting slammed by the market today, speculation is now mounting that Nokia may become the acquisition of software giant Microsoft.
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Goldman traded $1.3 billion in Libyan funds: report

Goldman Sachs invested more than $1.3 billion from Libya's sovereign-wealth fund in currency bets and other trades in 2008 and the investment lost more than 98 percent of its value, the Wall Street Journal reported, citing internal Goldman documents.

Saudi Prince seeks lower oil prices

Saudi Arabian prince Alwaleed bin Talal would like to see oil prices drop to the $70-$80 a barrel range in a move to thwart western development in alternate fuels.
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Nervous investors to seek bigger returns

The world looks a lot more dangerous than it did only a few months ago and signs are that U.S. stock investors are starting to demand more for the added risk.
Billionaire financier George Soros

Top 5 Bogeymen Americans Dread

Adult Americans have their own bogeyman – those shadowy, poorly-understood, but powerful things that are out to get them.
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Nervous investors demand bigger returns

The world looks a lot more dangerous than it did only a few months ago and signs are that U.S. stock investors are starting to demand more for the added risk.

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