THE SMART NEWS SOURCE | Feb 10 2012 18:22 | LAST UPDATED Feb 10 2012 18:22 |
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Bankers plot course as sovereign debt clouds loomEurope's top banks are due to meet to share insights on whether the latest sovereign debt crisis squall could yet turn into a financial market storm. Best returns, worst reputationA new book on Goldman Sachs says the bank will take years to reinstate its image. Goldman executives' wages of sinA nun leads the charge against the excessive amounts paid to corporate chiefs. Goldman profit drops as trading revenue fallsGoldman Sachs Group posted a 72% decline in quarterly earnings, and the bank warned there were fewer opportunities to make money. Oil falls on Libya, Goldman Sachs demand warningOil fell on Monday after Muammar Gaddafi appeared to accept a cease-fire plan, increasing the chances that Libyan crude will return to world markets. Japan manufacturers tumble on quake uncertaintyShares in Japanese manufacturers tumbled in the aftermath of Friday's earthquake, as companies struggled to gather information from the stricken area. Goldman Sachs posts steep quarterly profit dropUnited States investment bank Goldman Sachs on Wednesday said fourth-quarter profit dropped 52% amid falling revenue. EU moves to unify sanctions for financial abuseThe EU executive launched a campaign this week for a new Europe-wide system of penalties, fines and possible jail terms in financial services. Goldman profit falls but beats estimatesGoldman Sachs Group, the dominant US investment bank, said quarterly profit fell by more than a third. Goldman Sachs earnings tumbleGoldman Sachs Group said quarterly earnings tumbled 82%, coming in well short of expectations. Goldman Sachs CEO grilled by US lawmakersGoldman Sachs CEO Lloyd Blankfein on Tuesday faced a blistering cross-examination from US lawmakers about the company's behaviour toward its clients. Goldman boss denies betting on housing collapseEmbattled Goldman Sachs boss Lloyd Blankfein will tell lawmakers on Tuesday the company did not bet on the collapse of the housing market. Tito Mboweni joins Goldman SachsTito Mboweni, former South African Reserve Bank governor, will join Goldman Sachs as an international adviser from June. US Senate panel releases Goldman Sachs emailsA United States Senate investigative panel has released several emails that could prove embarrassing to Goldman Sachs. Goldman to argue it was unsure about housing pricesGoldman Sachs is preparing to defend itself against the US government allegations by arguing that it was unsure where housing prices were headed. Political Mann: Arguments about moneySome of the richest and most powerful people in the US are arguing about money and the world has trillions of dollars invested in the outcome. Goldman Sachs faces UK probe as net widensUK launched a probe into US bank Goldman Sachs on Tuesday linked to US fraud charges that the Wall Street giant misled investors. Goldman Sachs charged with fraudGoldman Sachs Group has been charged with fraud by the US Securities and Exchange Commission over its marketing of a subprime mortgage product. Back on the gravy trainWall Street bank has recovered from the credit crunch and may pay bonuses of $900 000 this year, reports Andrew Clark. Goldman grabs hi-tech hackerThey seem, at first blush, the model of a prosperous immigrant couple. A handsome pair, "Serge and Elina" from New Jersey sashayed across a stage. |
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