|Bid||15.35 x 1200|
|Ask||22.87 x 28000|
|Day's Range||22.79 - 22.79|
|52 Week Range||17.82 - 25.38|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||13.28%|
|Beta (3Y Monthly)||1.71|
|Expense Ratio (net)||1.25%|
Feb.13 -- Anwar Ibrahim, head of the ruling party in Malaysia, comments on the 1MDB scandal during an interview with Bloomberg's Scarlet Fu on "Bloomberg Markets: The Close." (Video edited to remove incorrect graphic.)
Goldman Sachs closed its recommendation to buy stocks of companies with strong balance sheets. Yahoo Finance's Jen Rogers, Myles Udland and Scott Gamm discuss the move.
The recent trade-induced pullback in the commodities space may be a short-term, risk-off event that exchange traded fund investors can capitalize on. Goldman Sachs Group analysts including Sabine Schels ...
Goldman Sachs Group Inc Chief Executive Officer David Solomon said on Tuesday the bank aims to boost the number of mid-size corporate clients it serves over the next few years. Goldman Sachs's investment bankers and corporate banking divisions have long managed relationships with some of the world's largest companies, Solomon said. "There are lots and lots of companies with (enterprise) value at $500 million to $3 billion," Solomon said at a conference hosted by Credit Suisse Group AG in Florida.
Rising wages are expected to eat into corporate profit margins, weighing on companies that are already projecting much slower growth.
A decade after playing a central role in the 2008 financial crisis, banks are still a popular topic of criticism from elected officials.
Nav, a startup that gives small businesses free access to their credit reports, said on Monday that it had raised $44 million from investors including Goldman Sachs Group Inc, Point72 Ventures and Experian Ventures. CreditEase Fintech Investment Fund and Aries also participated in the round which was led by Goldman Sachs, the companies said. Salt Lake City-based Nav plans to use the funding to continue to build out its technology and market its platform to more small businesses, Levi King, the company's co-founder and CEO, said in an interview.
U.S. bank Goldman Sachs is holding talks with the Swiss market watchdog over potentially entering the country's mortgage market, its country chief told reporters on Thursday. "If we do something it will be very small," Stefan Bollinger said, noting any move had to fit Goldman Sachs's pan-European strategy and pointing out that Switzerland was a competitive market whose business cycle was at an advanced stage. Bollinger said the bank had no plans to launch its Marcus online bank in Switzerland.
executives are discussing making cuts to its commodities trading desk, once one of the investment bank's largest sources of revenue, according to a Wall Street Journal report Tuesday. Goldman will execute the cuts after a months-long review process that revealed the division burned through too much capital for too little profit. The cuts to the commodities desk are part of a series of planned changes that executives will present to Goldman Sachs' board later this month.
(Reuters) - Goldman Sachs Group Inc plans to chop its commodities business after a months-long review showed the business was using too much capital for too little profit, the Wall Street Journal reported, ...