GOLDMAN SACHS

Goldman Faces Lawsuits Over $15.8 Billion in Mortgages

International Business Times Logo
Goldman Sachs Group Inc faces lawsuits over $15.8 billion worth of mortgage securities, the bank said in a regulatory filing on Wednesday, a more than 30-fold increase from the amount disclosed three months earlier.
More news
A warehouse contracted out by Goldman Sachs warehouse subsidiary Metro International Trade Services to hold metals is seen in Detroit in this photo taken July 12, 2011.

Goldman's New Money Machine: Warehouses

In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.
Gensler testifies at a House Financial Services Committee hearing in Washington

CFTC Chief Won't Participate in MF Global Review: Report

The head of the U.S. futures regulator working on a sweeping review into the business practices of failed futures brokerage MF Global Inc. said he will not be participating in any further parts of the inquiry, a source told Reuters Friday.
Q3 2011 Hits and Misses

3Q Earnings Picture: Hits and Misses

We are now well into third quarter earnings season, with the vast majority of companies reported both bottom- and top-line results that met or beat expectations. Here's a summary of who met, and who missed, analyst estimates.
Jon Corzine, MF Global Holdings Ltd. CEO

Corzine's Fall From Grace Leaves Obama With Even Less Bridges to Wall Street

The fall of Jon Corzine, a prominent figure with a toehold in the worlds of both finance and politics, is not only an issue for himself, but for one of the men who likely sought his advice and support on a regular basis, President Barack Obama. Perhaps more importantly, it follows a trend that has dogged the president since 2010, as, due to a variety of causes, many of the people close to Wall Street he had previously sought out have later found themselves uninvited to tea in the Rose Garden.
Employees and guests of Groupon ring the opening bell in celebration of the company's IPO at the Nasdaq Market in New York

Groupon's IPO biggest by U.S. Web company since Google

Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by a U.S. Internet company since Google Inc raised $1.7 billion in 2004.
Jon Corzine, chairman and chief executive officer of MF Global Holdings, speaks during the Sandler O'Neill + Partners global exchange and brokerage conference in New York

MF Global CEO Jon Corzine Resigns Under Fire

Jon Corzine has resigned as MF Global Holdings Ltd's chairman and chief executive officer four days after the futures brokerage filed for bankruptcy protection, culminating a rapid downfall for one of Wall Street's best-known executives.
The sign marking the MF Global Holdings Ltd. offices at 52nd Street in midtown Manhattan is seen in New York

MF Global CEO Jon Corzine Resigns

MF Global Holdings Ltd Chief Executive Jon Corzine resigned, four days after the futures brokerage filed for bankruptcy protection.
International Business Times Logo

Groupon raises $700 million in biggest Internet IPO

Groupon Inc raised $700 million after increasing the size of its initial public offering, becoming the largest IPO by an Internet company since Google Inc raised $1.7 billion in 2004.
JLL HQ

Jones Lang LaSalle Revenue up 28 Percent

Jones Lang LaSalle, one of the world's largest real estate services companies, reported revenue of $903 million in the third quarter, up 28 percent from the previous year.

Russia and China Bribe Most, But Corruption is Worldwide

Russian companies are the most likely to engage in bribery when conducting international deals, followed closely by China, according to the 2011 Bribe Payers Index from Transparency International.
2012 Election

Rick Perry Speech Quotes Fake Occupy Wall Street Protester [VIDEO]

It's been a tough few days for Gov. Rick Perry, R-Texas. A giddy speech he made in New Hampshire on Friday led commentators to question his sobriety, and now, the blogosphere is abuzz with the news that he used a fake quote to mock Occupy Wall Street protesters.
International Business Times Logo

PIMCO's Gross: U.S. Banks Need More Capitalization

U.S. banks have not done enough to ensure they are well capitalized, and getting back to a system where retail and investment banking are separated would be attractive in terms of reform, Bill Gross, manager of the world's largest bond fund, said on Tuesday.
International Business Times Logo

Jon Corzine’s Chauffeur’s Loanshark Pleads Guilty to Extortion: Report

Michael (Mike the Butcher) Virtuoso, the loanshark accused of a Mafia shakedown of former New Jersey Gov. Jon Corzine's personal chauffeur, pleaded guilty last month to extortion in connection with a loan that had a 250 percent interest rate, the New York Daily News reported.
A woman leaves the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan

U.S. Court Appoints Trustee for MF Global Bankruptcy

A U.S. judge has appointed a trustee to oversee the liquidation of the U.S. brokerage unit of Jon Corzine's MF Global Holdings Ltd, which filed for bankruptcy protection on Monday, a federal agency said.

Pages

  • Prev
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • Next

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.