GOLDMAN SACHS

Banks entering 'Golden Age': Bove

A Citibank to help Nigerian bank sale
High-profile banking analyst Richard Bove said the U.S. banking sector is entering into a “golden age.” The financial strategist at Rochdale Securities explains that banks have so flush cash on their balance sheets that corporate earnings will grow by 20 percent annually over the next few years.

JPMorgan profit rises 47 percent, beating estimates

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JPMorgan Chase & Co reported a 47 percent increase in quarterly earnings, and said loan demand and trading profit could grow this year, boosting investor optimism that revenue for major banks will recover.
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Twins' bid to void Facebook settlement meets doubt

Cameron and Tyler Winklevoss found a skeptical audience on Tuesday as they tried to persuade a U.S. appeals court to release them from a $65 million settlement over the founding of online social network Facebook.
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Goldman to lose most from Volcker rule: JP Morgan

Goldman Sachs Group Inc likely has the most to lose among global investment banks from a new regulation that limits proprietary trading, analysts at J.P. Morgan Securities said, and downgraded the stock to neutral.
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Goldman vows to boost disclosure, avoid conflicts

Goldman Sachs Group Inc took a step toward greater transparency by pledging to disclose more about how it makes money, seeking to rebut criticism that it has been putting its own interest ahead of clients.
Goldman Sachs

Goldman to improve disclosure

Goldman Sachs Group Inc , responding to pressure from shareholders, regulators and others, said it will disclose more information about how it makes money.
Is it fair for Brazil to brand the U.S. along with China as a currency manipulator?

Brazil’s ‘currency war’ rhetoric is phoney

Brazil's Finance Minister Guido Mantega has accused the United States of engaging in currency manipulation, and said his country would raise this issue at the World Trade Organization (WTO), adding that the U.S. and Chinese policies are fomenting a trade war.
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Goldman to disclose more to investors: source

Goldman Sachs Group Inc plans to start disclosing more financial information to investors, including how much of its revenue comes from trading and investing its own money, a person familiar with the matter said.
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Why Facebook Can't Shut Down

A rumor -- discovered to be a hoax -- that Facebook would shut down in March briefly lit up the blogosphere. There are reasons why a moment's thought shows this is wrong.

Facebook Shutdown Hoax Lights Up Internet

With rumours that Mark Zuckerberg has announced closure of the site, thousands are scurrying for answers on internet. Google Trends, Twitter and Yahoo Answers has been set on fire with the questions 'Is Facebook shutting down?'.
The Morgan Stanley headquarters is seen in New York

Wall Street expands in red-hot mainland China

JPMorgan Chase and Morgan Stanley received approval from Chinese regulators to form joint ventures with domestic firms, which would allow them to participate in underwriting Chinese stock and bond offerings.
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Facebook documents reveal strong profits: source

Facebook is generating profits at a faster-than-expected rate, and will likely attract so many investors this year that it will have to disclose financial data similar to a publicly traded company by April 2012, according to a document distributed by Goldman Sachs.
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Goldman planning to end Facebook solicitation: report

Interest in Facebook shares is so strong that Goldman Sachs Group Inc plans to stop soliciting interest from potential investors on Thursday, the Wall Street Journal reported, citing people familiar with the situation.

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