|Bid||19.58 x 2200|
|Ask||19.60 x 800|
|Day's Range||19.52 - 19.63|
|52 Week Range||16.45 - 23.97|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||0.81|
|Forward Dividend & Yield||0.94 (4.93%)|
|1y Target Est||N/A|
The China Securities Regulatory Commission agreed with Goldman Sachs under guidelines that allow it to negotiate a settlement rather than to simply issue a fine. The deal relates to how Goldman Sachs’s Asia unit worked with Beijing Gao Hua Securities Co., the majority owner of the onshore joint venture, on its trading business. Employees at both firms have agreed to step up internal controls, the CSRC said in a statement late Tuesday.
HONG KONG (Reuters) - China's securities regulator said on Tuesday it has settled a case of internal control with Goldman Sachs (Asia) and Gao Hua Securities after the latter agreed to pay a settlement ...
Despite not having an office in metro Denver, investment banking giant Goldman Sachs (NYSE: GS) considers the area a key place for its business, Matt Gibson, Goldman Sachs partner and global head of investment banking services, said. “Denver would definitely be a location we would consider in terms of expansion,” Gibson said in an email.
William Barr has received an ethics waiver for the Department of Justice’s investigation of a Malaysian corruption scandal involving Goldman Sachs, signalling that any settlement negotiated by the bank will be decided at the highest levels of the US government. The White House granted the attorney-general a waiver from a pledge he made when he took office to remove himself for two years from any matter involving his former law firm, Kirkland & Ellis. The firm is representing Goldman as it attempts to fend off possible criminal charges concerning billions of dollars allegedly stolen from 1MDB, a Malaysian state investment company for which the bank underwrote several bond issuances.
In its annual sustainability report, released Monday, the Wall Street firm reported that dedicated impact investing and environmental, social and governance assets under management rose to $17 billion at the end of 2018, from $11.3 billion a year earlier. Goldman also became the first bank to publish its report in line with Sustainability Accounting Standards Board metrics sought by investors to highlight material environmental issues in the business. While Goldman has increased investment in green operations to $1.2 billion in 2018 from $701 million in 2017, it had more trouble gaining energy efficiency and managing carbon emissions.
After launching just last year, solar system finance technology company Loanpal has grown to have 21% of the solar lending market nationally, according to its co-founder.
Wall Street’s top six banks posted a decidedly mixed set of results for the first quarter, with retail banks generally triumphing over their more capital markets focused rivals and dealmakers having a better time of it than traders. Investor reaction was most decisive against Goldman Sachs. Analysts attributed the fall to Goldman’s decision to defer a much-anticipated strategic update until early next year.
Amid expectations the Federal Reserve will slow its pace of interest rate increases this year or perhaps not raise rates all, fixed income investors are embracing medium- and longer-term bond exchange ...
Why Bank of America’s Q1 Results Didn't Lift Its Stock(Continued from Prior Part)Asset quality Bank of America’s (BAC) credit quality across its consumer and commercial portfolios remained stable at the end of the first quarter. The net
BNP Paribas could raise outside money for its first such fund, known as a direct-lending fund, as soon as this year, according to a person with knowledge of the matter. Discussions at Barclays are more preliminary, but any fund set up could offer a broad range of financing options, according to separate people. The banks are considering following the lead of Goldman Sachs Group Inc., which decades ago set up a direct lending arm that has helped it win fees.
Morgan Stanley’s Q1 Earnings Fell 4%, Beat the Estimates(Continued from Prior Part)Valuation Morgan Stanley (MS) is trading at a forward PE ratio of 9.6x, which is ~16% lower than its five-year average PE ratio. The stock is trading at a PBV
Morgan Stanley’s Q1 Earnings Fell 4%, Beat the EstimatesMorgan Stanley’s first-quarter results Morgan Stanley (MS) reported its first-quarter results on April 17. The company reported an EPS of $1.39, which beat the consensus estimates of $1.17
The company is in the middle of a front-to-back review of its business that aims to expand revenue on the front end, especially in newer business lines, and optimize expenses and capital of traditional business lines on the back end. The current Goldman narrative reminds us a lot of Morgan Stanley after its Smith Barney merger, where the company is on a trajectory of adding more stable, capital-light revenue streams but the market isn't giving the company any credit for it. Given where we are in the capital markets cycle and Goldman's investment cycle, it could take a while for the company's initiatives to clearly show in the bottom line.
Goldman Sachs’s Q1 Earnings: What You Need to KnowGoldman Sachs’ Q1 earnings Goldman Sachs (GS) reported its first-quarter results yesterday. The stock tanked 3.8% on earnings day. The bank reported revenues of $8.8 billion, missing estimates by
SoFi CEO and former Twitter COO Anthony Noto offers several invaluable tips to executives getting ready to take Uber, Slack and Pinterest public.
Where China's Economy Is HeadingJ.P. Morgan In an interview with CNBC, a J.P. Morgan representative warned that Asian equity markets could deliver only modest returns for the rest of the year. Mixo Das, Asia equity strategist at J.P. Morgan, said,
Lower Q1 Revenue Drags Goldman Sachs Stock Down(Continued from Prior Part)Analysts’ activity After Goldman Sachs (GS) posted mixed first-quarter results yesterday, KBW lowered its target price to $210 from $215, and BMO reduced it to $260 from
Goldman Sachs is one of the largest and most infamous banks in the world today. Founded in 1869 by Marcus Goldman, the bank has become one of the pin-ups for finance on Wall Street. Like any traditional bank, Goldman Sachs has been sceptical about cryptocurrency from the beginning, with Bitcoin aiming to replace such enterprises. But is the banking giant now becoming more interested in the idea of cryptocurrency? This is the story of Goldman Sachs and its stance on cryptocurrency. Background Goldman Sachs in Q1 of 2019 alone managed to rake in $2.25 billion worth of profit. Amazingly, this was lower than projected, causing a small slump in its share price. Even still, to make such profit in one The post The story of Goldman Sachs and its stance on cryptocurrency appeared first on Coin Rivet.
Lower Q1 Revenue Drags Goldman Sachs Stock DownKey takeaways from Q1 Goldman Sachs (GS) posted mixed first-quarter results yesterday, with its revenue missing analysts’ estimate. It fell 13% YoY (year-over-year) due to lower revenue from equity
David Solomon, CEO of Goldman Sachs, says the company "performed well" in the first quarter of 2019 despite challenges. He also says the current leadership team plans to be "far more transparent" than the bank has been historically.
CNBC's Tanvir Gill sits down with Goldman Sachs CEO David Solomon to discuss company's earnings, future plans and the U.S. economy.