Goldman Sachs Group (the) Stock News

https://www.investing.com/news/stock-market-news/us-sec-investigating-goldman-sachs-over-employee-communications-2772764

EU ''Moving Forward'' On Russia SWIFT Shut-Out, But Former US Official Says ''Not Nuclear Option'' While some nations (UK, Poland, and Lithuania for example) are pushing hard for Russia to be shut out of SWIFT - the global electronic payment-messaging system - many others are anxious of executing the so-called ''nuclear option'' for fear of the potential blowback. “The EU isn’t on board with removing Russia from SWIFT for one thing because the EU isn’t on board with letting go of Russian energy,” said Erik Meyersson, a Stockholm-based senior economist covering the Eurozone at Svenska Handelsbanken AB. The former president of the European Council, Donald Tusk, was unhappy that some nations - Germany, Italy, and Hungary ( who just happen to get significant amounts of their energy supply from Russia ) rejected the call for SWIFT shutout… In this war everything is real: Putin’s madness and cruelty, Ukrainian victims, bombs falling on Kyiv. Only your sanctions are pretended. Those EU government’s, which blocked tough decisions (i.a.

Goldman Sachs <> disclosed late Thursday that the U.S that the U.S. SEC is investigating its record-keeping practices regarding business communications over messaging apps.

(Bloomberg) -- Goldman Sachs Group Inc. became the latest bank to be investigated over employees communicating using messaging services that aren’t approved by the companies.

Bank executives are increasingly switching to crypto in search of fresh opportunities

KUALA LUMPUR, Feb 25 — Former Goldman Sachs Group Inc banker Tim Leissner, who admitted to looting hundreds of millions of dollars from Malaysian 1MDB fund, testified that he had also stolen tens of millions of dollars from his accomplices in the…

In a recent note, Goldman Sachs chief global equity strategist Peter Oppenheimer points out that markets are going to normalize again, and soon – but with some diff…

The Mosaic Company (MOS) is up 2.4% after hours after the firm has entered into an accelerated share repurchase agreement with Goldman Sachs & Co

Goldman Sachs has named the stocks with the most exposure to the Russia-Ukraine but it think European stocks will continue to see earnings growth.

(Bloomberg) — Former Goldman Sachs Group Inc. banker Tim Leissner, who admitted helping rip off hundreds of millions of dollars from Malaysian wealth fund…

Two Goldman Sachs bankers concocted a scheme involving their wives to conceal kickbacks they received for helping to loot Malaysia’s 1MDB sovereign wealth fund, one of the bankers testified on Thursday at the corruption trial of the other, Roger Ng.Tim Leissner, who had been Ng’s supervisor at Goldman before becoming the star government witness against him, said he received kickback payments from a Malaysian intermediary, Jho Low, for helping embezzle funds Goldman raised for 1MDB through three…

FRANKFURT/LONDON/NEW YORK : Financial firms from Frankfurt to Wall Street suffered heavy share price falls yesterday as they grappled with the impact of Russia''s invasion of Ukraine, digested newly-imposed sanctions and rushed to advise clients on how to respond. While many bankers have played down the importance of Russia to their operations, it is the European Union''s fifth-largest trading partner, with a 5% share of trade, data shows. US trade with Russia is less than 1% of its total. Deutsche Bank, Germany''s largest lender, said it had contingency plans in place as US and European officials imposed further sanctions on Moscow. British bank Lloyds said it was on “heightened alert” for cyberattacks, while German insurance and asset management giant Allianz said that it had frozen its Russian government bond exposure. While US banks were well-prepared for the measures announced so far over Russia''s aggression towards Ukraine, they worried that new measures could increase the cost and complexity of enforcing them.

Morgan Stanley Finally Acknowledges DoJ "Block Trading" Probe Given the wealth of information that has already been leaked (likely by the DoJ & SEC) about the "block trading" investigation, Morgan Stanley''s official disclosure of the investigation in its Annual Report (released Thursday) seemed almost comically brief. For instance, the Street already knows the name of the top Morgan Stanley banker involved: Pawan Passi, once the head of the bank''s equity syndicate desk - he has supposedly been "on leave" from the bank since November. That was reported by Bloomberg, and both BBG and WSJ have reported a the names of some of the other bankers involved, as well as some of the key buy-side clients (including one Citadel-controlled fund). They include: Andrew Liebeskind at Citadel’s Surveyor Capital and Jon Dorfman at Element Capital Management. Felipe Portillo, a risk executive within Credit Suisse’s equity capital markets group, Michael Daum, a partner at Goldman and Michael Lewis, the head of US equities cash trading at Barclays (and a former Morgan Stanley banker until 2018).

The trial of a former Goldman Sachs banker accused in a massive international swindle has hit a snag with prosecutors’ admission that emails and other documents were mistakenly withheld from defense

NEW YORK (AP) — The trial of a former Goldman Sachs banker accused in a massive international swindle has hit…