Goldman Sachs Group (the) Stock News

JPMorgan, Bank of America, and Goldman Sachs are highlights of today's Earnings Preview article.

Gary Cohn, former National Economic Council Director and former Goldman Sachs president and COO, joins ''Closing Bell'' to discuss his first take on the Fed meeting and Chair Jerome Powell''s news conference.

Goldman Sachs CEO David Solomon said his bank is committed to international efforts to hold the Kremlin accountable for its invasion of Ukraine – a statement that appeared to walk back comments days earlier in which he downplayed Wall Street’s responsibility to take action against Russia.

A growing list of financial firms are looking to exit Russia, with Deutsche Bank, Goldman Sachs and JPMorgan Chase winding down business there. Others are under pressure from investors to detail their financial exposure to Russia.

Read CNN''s Hank Paulson Fast Facts and learn more about the former US Treasury secretary and CEO of Goldman Sachs.

Northvolt is not unique in wanting to establish a gigafactory in Germany.

(Kitco News) - U.S. investment bank Goldman Sachs has been taking advantage of the latest commodities boom as it reports stellar trading profits in the commodities trading arm of the business. IFR reported that the firm is on track to make around $1bn in commodities trading this quarter following dramatic swings in these markets, according to sources familiar with the matter.

Fugitive financier Jho Low, the alleged mastermind of the 1MDB scandal, stole US$1.42 billion from three bond transactions that Goldman Sachs Inc arranged for the Malaysian wealth fund, an FBI agent who traced the funds testified.US Federal Bureau of Investigation agent Eric Van Dorn took the stand Monday at the trial of ex-Goldman banker Roger Ng in federal court in Brooklyn, New York.In addition to his testimony about Low, he told the jury that former Malaysian Prime Minister Najib Razak…

Fugitive financier Jho Low, the alleged mastermind of the 1MDB scandal, stole $1.42 billion from bond transactions that Goldman Sachs Group Inc. arranged for the Malaysian wealth fund, an FBI agent who traced the funds testified.

According to Future Forum, 44% of executives working remotely would prefer to work from the office every day, while 17% of employees said the same.

During an interview with Time, David Solomon, who is also a DJ, doubled down on his view that bankers should return to the office.

A Preview Of The Crazy Week Ahead Here is just a sample of the events on deck this week: a Fed rate hike, a Russian default, a meeting between the US and China, even more sanctions against Russia, the first double-digit (10%) PPI print in decades, a big drop in retail sales, a freak surge in covid across China, oh and a $3.3 trillion notional option expiration on Friday and all happening with liquidity at record lows. Yes, this week will be insane. As DB''s Jim Reid summarizes what''s coming, it''s a big central bank week with the Fed the obvious focal point mid-week. The BoE and the BoJ also hold meetings, along with some of their emerging markets counterparts. We''ll also see CPI for Japan and Canada and a number of housing market statistics in the US and China. Earnings will include Volkswagen, FedEx and Enel, among others. Wednesday will also be a landmark day even outside of the Fed as this is the date that two Russian Eurobonds have coupon payments. These are small (c.$120bn out of c.$1.75bn of annual hard currency coupons) but will be hugely symbolic.

Higher commodities prices and lower expectations for U.S. GDP have Goldman Sachs'' equity team cutting its broader market forecast.

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Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said on Friday in a surprise move that it would wind down its business in the country. Deutsche joins the ranks of Goldman Sachs and JPMorgan Chase, which were the first major U.S. banks to exit after Moscow''s invasion of Ukraine. Deutsche had resisted pressure to sever ties, arguing that it needed to support multinational firms doing business in Russia.