Goldman Sachs Group Inc and a consortium of other top banks are part of an effort to save ShoreBank Corp, a Chicago bank with Washington ties, a community activist close to the institution said on Friday.
Goldman Sachs Group Inc said it is setting up an internal committee to look at how the company deals with potential conflicts of interest and how it can better disclose what it does.
Prosecutors are conducting a broad criminal investigation of six major Wall Street banks, including JPMorgan Chase & Co and Citigroup Inc, to determine if they misled investors, a person familiar with the matter said on Thursday.
U.S. authorities are expanding their probes of past mortgage securities deals, with New York's attorney general opening an investigation into whether eight banks misled rating agencies, a source familiar with the matter said.
Five U.S. banks and four European lenders are being investigated by U.S. authorities, as they widen their probe of the role of banks in past mortgage securities deals, according to news reports.
The New York attorney general has begun an investigation into eight banks to determine whether they provided misleading information to agencies that rate mortgage securities, The New York Times reported on Thursday.
AIG is reviewing its dealings with all its counterparties during the financial crisis, including Goldman Sachs Group Inc , to see if it was harmed, Chief Executive Robert Benmosche said on Wednesday.
U.S. federal investigators are probing whether Morgan Stanley misled investors about mortgage derivative products it helped create and sometimes bet against, The Wall Street Journal said, citing people familiar with the matter.
Goldman Sachs Group Inc on Monday showed how its trading operations are stronger than ever, but warned that more litigation and investigations loom.
Goldman Sachs Group Inc, facing fraud charges from U.S. securities regulators, on Monday warned that more litigation and investigations could be coming.
U.S. stock index futures pointed to a strong start for Wall Street on Monday, with shares set to rebound as confidence was boosted after global policymakers came up with an emergency rescue package worth around $1 trillion aimed at preventing Greece's debt crisis from spreading through the euro zone.
Goldman Sachs Group Inc held its longest-ever annual investor meeting on Friday, but Chief Executive Lloyd Blankfein faced few questions about civil fraud charges against the company.
A British tax on bank executives' bonuses will cost two of the biggest U.S. banks a combined $1 billion.
Goldman Sachs Group Inc , accused of fraud by the U.S. government, will undertake a rigorous self-examination, its CEO Lloyd Blankfein said at the investment bank's annual shareholder meeting on Friday.
Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein called for the besieged company to undertake a rigorous self-examination, at the annual shareholder meeting on Friday.
Goldman Sachs Group Inc's lawyers are in talks with representatives of the U.S. Securities and Exchange Commission to settle the fraud charges brought against it by the regulator, the Wall Street Journal said, citing people familiar with the situation.
American International Group has replaced Goldman Sachs as its main corporate adviser with Citigroup and Bank of America Corp , the New York Times said, citing three people with knowledge of the matter.
Initial public offerings around the world are being canceled as fear over Greece's deepening debt crisis and a sudden drop in U.S. stocks on Thursday rattled markets.
As Goldman Sachs prepares for its annual shareholder meeting on Friday, it has more to worry about than anti-corporate gadflies like Evelyn Y Davis.
Bear Stearns' appetite for risk and lack of foresight were criticized at a hearing into the roots of the financial crisis, where former executives argued the firm's collapse was due to events beyond their control.
Former Bear Stearns executives said the firm became the first major victim of the financial crisis due to unfounded rumors, not because of risky exposures to mortgage-related products with free-falling values.
Goldman Sachs Group Inc may enter talks to settle U.S. Securities and Exchange Commission fraud charges as soon as today, Fox Business Network's Charlie Gasparino reported.