Goldman Sachs Group (the) Stock News

A former Goldman Sachs partner testified on Wednesday that he and a colleague became “heroes” at the bank for bringing in billions in business from Malaysia’s 1MDB sovereign wealth fund, deals he said were cemented through bribes and kickbacks.Tim Leissner, the former chief of Goldman’s Southeast Asia operation, is a star witness in the criminal trial of Roger Ng, the bank’s former head of investment banking in Malaysia.Prosecutors have accused Ng, 49, of receiving millions of dollars in…

NEW YORK, Feb 17 — A former Goldman Sachs partner testified on Wednesday that “greed and ambition” drove his involvement in a bribery scheme that looted billions of dollars from Malaysia’s 1MDB sovereign wealth fund. Tim Leissner, the former…

A former Goldman Sachs banker is on trial for his role in a multi billion dollar corruption scandal in Malaysia.

A former Goldman Sachs partner testified Wednesday that he and a colleague currently on trial were treated as "heroes" at the bank after they brought in billions as a result of a money laundering scandal.During the criminal trial of Roger…

Goldman Sachs will on Thursday update its main financial targets and detail growth plans for the next three to five years, hoping to win over investors yet to be convinced by its long-term strategy. Wall Street''s premier investment bank is reshaping itself after a turbulent decade during which profit at its core trading businesses was crimped by tougher regulations brought in after the 2007-09 financial crisis. Key profitability targets will be lifted and new goals set for the growth of the bank''s nascent consumer business.

A former top banker at Goldman Sachs testified that he and other corrupt executives at the firm built a house of cards that was doomed to fall to try to conceal an audacious scheme

NEW YORK - A former top banker at Goldman Sachs testified Wednesday that he and other corrupt executives at the firm built a “house of cards” that was doomed to fall to try to…

NEW YORK (AP) — A former top banker at Goldman Sachs testified Wednesday that he and other corrupt executives at…

PARIS (Reuters) – Wall Street bank Goldman Sachs said its Private Wealth Management division had opened up a new office in the high net-worth hub of Monaco as part of broader European expansion plans.

A quarter of a million dollars for Leonardo DiCaprio. A US$385,773 bar tab. Five grand for “model wrangling.”These were among the expenses that jurors in the federal conspiracy trial of former Goldman Sachs banker Roger Ng heard about on Tuesday, as a government witness described how millions of dollars siphoned off in the 1MDB scandal were frittered away on lavish parties hosted by a high-flying Malaysian financier.Ng is accused of conspiring with former star Goldman banker Tim Leissner to…

WA’s biggest corporate advisory firm has appointed three new partners, including two in Perth.

Here are two shares that Goldman rates highly… The post Goldman Sachs names 2 ASX 200 shares with major upside potential appeared first on The Motley Fool Australia .

Federal investigators have launched a probe into block trading at Wall Street hedge funds and banks including Morgan Stanley and Goldman Sachs Group

Jennifer Davis, a senior Goldman Sachs Group Inc. dealmaker, is jumping to a buyout firm.

Former Goldman Sachs executive Tim Leissner is a “double bigamist” who was “married to two different women at the same time, twice,” according to the defense lawyer for his subordinate who is on trial for his part in a multi-billion dollar embezzlement scheme. Leissner, the estranged husband of fashion model and reality television star Kimora…