BNET Industries
Goldman Sachs & Co. (GS) is in the Financial Services Industry
- Revenue
- Nov 30 2007
- $87.9B
- Profit
- Nov 30 2007
- $11.5B
- Market Cap
- Jul 23 2008
- $73.9B
Latest News and Analysis
Wachovia CFO Wurtz to Leave
NEW YORK (Reuters) - Wachovia Corp WB, which posted a record $8.86 billion second-quarter loss Tuesday, said Chief Financial Officer Thomas Wurtz will resign from the fourth-largest U.S. bank after a successor is named. The Charlotte, North Carolina-based lender said Thursday it ...
Wall Street Tumbles, Led By Financials
By Kristina Cooke NEW YORK (Reuters) - Stocks tumbled more than 2 percent on Thursday after a report showing yet another drop in U.S. home sales prompted investors to take profits in financial shares, which had rallied over the past week. The Dow...
SEC, Fed Push For Authority Over Investment Banks
By Patrick Rucker and Rachelle Younglai WASHINGTON (Reuters) - The head of the U.S. Securities and Exchange Commission on Thursday urged Congress to give his agency authority to oversee investment banks, even as a top Federal Reserve official said the central bank needed...
Options Trader: Thursday Outlook
Phil Davis submits: Yesterday was a very good day! We had oil fall all the way to $125 as NYMEX hostage-takers cannot dump enough barrels to stop yet another net inventory build, this time with 2.4Mb of distillates and 2.8Mb of gasoline being added to the stockpiles despite refineries running at just...
Bank Bailouts or Bull?
Mike Stathis submits: With all that's happened with the real estate and banking crisis, the word "bailout" has been plastered throughout the media with little discussion of exactly what a bailout entails. Supplying money to a distressed company does not by itself represent a bailout. It all depends on where...
Goldman $10 Billion Fund to Invest in LBO Loans: Report
NEW YORK (Reuters) - Goldman Sachs GS has raised $10 billion to create a fund that will invest in loans used to back leveraged buyouts and take advantage of a gap in the markets caused by the credit crisis, according to a Financial...
Lehman Hires Former Goldman Executive For Asia: WSJ
(Reuters) - Lehman Brothers Holdings Inc LEH hired Julian Cheong, a managing director at rival Goldman Sachs Group Inc GS, as co-head of its financial institutions group for Asia-Pacific, the Wall Street Journal said on Tuesday, citing people familiar with the...
The SEC's 'Sacred Cow' List: Where Are WaMu and Wachovia?
Mark McHugh submits: When I heard that the SEC was going to shake its proverbial finger at short sellers and threaten to do its job, I didn’t exactly rush to see who was on the “Sacred Cow” list. No brainer, right? Big regional and money center banks, the shakiest of...
Goldman Banker to Advise Paulson on Banks
By Joseph A. Giannone NEW YORK (Reuters) - Senior Goldman Sachs Group Inc GS investment banker Kendrick Wilson will take a leave of absence to advise U.S. Treasury Secretary Henry Paulson on the nation's banking crisis, people familiar with the matter said on...
How Much of Goldman's Value is Based on the 'Pedestal' Effect?
Inglefox Investing submits: One thing I've noticed among college students, academics and business professionals alike is that the name Goldman Sachs GS turns heads. People react with a sense of awe toward Goldman and most of these people probably could not even explain the first thing about Goldman outside...
U.S. Buyout Shops Team Up For China's Huawei Unit
By Michael Flaherty HONG KONG (Reuters) - Private equity firms Silver Lake and Providence Equity Partners have teamed up to bid for a stake in a unit of China's Huawei Technologies, sources involved in the process said on Monday, in a deal that...
Mother of All Short Squeezes?
Matt Blackman submits: Tuesday’s action by the SEC in amending Regulation Short Sales RegSHO listed 19 banks and financial companies for which naked shorting was effectively banned for 30 days. Such a limit was long overdue but why limit the restriction to just 19 companies and just 30 days? ...
Short Sales: SEC Turns Back the Clock to 1931
This past week, the SEC issued an emergency order prohibiting naked short selling in 19 financial stocks, including Fannie Mae FNM, Freddie Mac FRE, Lehman Brothers LEH and other names in the news. Beginning on Monday (July 21), it won’t be enough to make a good-faith effort to locate...
Wall Street Loves Obama
Wall Street is coming on strong for Barack Obama in this year's presidential campaign donation race. Big investment firms such as Goldman Sachs and J.P. Morgan favor Obama over John McCain by margins of roughly four or five to one. So states a recent report by Chief...
Why It's Time to Invest in Domestic Banks
John Gilluly submits: I was listening to a national talk radio show yesterday morning on the subject of "Is it still safe to keep your money in an American Bank"? (What a title, huh?) The interviewees were discussing how the stronger banks the ones that compose the UYG could soon...
Selective Enforcement: (Re)Introducing Regulation SHO
Michael Shedlock submits: This is a followup to posts SEC Restricts Shorting 19 Financial Stocks and Tossed To The Dogs?I hinted at this before but I am going to spell it out explicitly in response to several questions I have received. There is already a restriction on naked short...
SEC Shorting Restrictions: Are Some Banks Being Set Up?
Michael Shedlock submits: While pondering SEC Restricts Shorting 19 Financial Stocks I could not help but notice the financial institutions conspicuously absent from the ruling.With that in mind let's recap the list of shorting curbs placed by the SEC. by Michael Shedlock
FBI Probing IndyMac For Possible Fraud
By Randall Mikkelsen WASHINGTON (Reuters UK) - Failed bank IndyMac IDMC is under investigation by the FBI for possible fraud involving its mortgage lending, unnamed law enforcement officials said on Wednesday. It was not immediately clear how long the FBI's probe of IndyMac has been...
FBI Probing IndyMac For Possible Fraud: Authorities
By Randall Mikkelsen WASHINGTON (Reuters) - Failed bank IndyMac IDMC is under investigation by the FBI for possible fraud involving its mortgage lending, unnamed law enforcement officials said on Wednesday. It was not immediately clear how long the FBI's probe of ...
FBI Mortgage Probe Expands to 21 Firms From 19
WASHINGTON (Reuters) - The FBI's investigation into potential corporate fraud in the U.S. home mortgage industry now encompasses 21 companies, up from 19 reported in April, a bureau spokesman said on Wednesday. "It's up to 21 now," FBI spokesman Jason Pack said. He...
- Next »
- page 1 of 6
- « Previous
Sort byClose
View by Content TypeClose
View Related Content by Tag Close
- Financial (43 results)
- Citigroup Inc. (38 results)
- Lehman Brothers Holdings Inc. (34 results)
- Morgan Stanley (33 results)
- J.P. Morgan Chase & Co. (29 results)
- Merrill Lynch & Co. Inc. (27 results)
- Finance (20 results)
- US Market (19 results)
- Wachovia Corp. (17 results)
- Fannie Mae (16 results)
- Bank of America Corp. (14 results)
- Freddie Mac (14 results)
- UBS AG (14 results)
- Financial Accounting (12 results)
- Financial Services (11 results)
- Deutsche Bank AG (10 results)
- Investment (10 results)
- HSBC Holdings Plc. (9 results)
- Wells Fargo & Co. (8 results)
- Business Operations (8 results)
- Washington Mutual Inc. (8 results)
- US (8 results)
- Barclays Plc. (8 results)
- Call Transcript (7 results)
- Earnings (7 results)
- Seeking Alpha (7 results)
- Ford Motor Co. (6 results)
- Stock (6 results)
- Bank (6 results)
- United States Oil Fund LP (5 results)
- Asset Management (5 results)
- Operational Planning (4 results)
- Human Resources (4 results)
- Analyst (4 results)
- Anheuser-Busch (4 results)
- Capital Market (3 results)
- IPO (3 results)
- Board (3 results)
- American International Group Inc. (3 results)
- Corporate Law (3 results)
- Benefits (3 results)
- Beazer Homes USA Inc. (3 results)
- Intel Corp. (3 results)
- Materials/Industrials (3 results)
- Energy (3 results)
- FBI (3 results)
- Banker (3 results)
- Microsoft Outlook (3 results)
- Apple Inc. (3 results)
- Equity (3 results)
- Incorporated: 1989
- CEO: Mr. Lloyd C. Blankfein
Goldman Sachs Group is a global investment banking, securities and investment management firm that provides a range of services worldwide to various client base that includes corporations, financial institutions, governments and individuals. Co.'s activities are divided into three segments: Investment Banking, which is composed of Financial Advisory and Underwriting; Trading and Principal Investments, which consists of Fixed Income, Currency and Commodities, Equities, and Principal Investments; and Asset Management and Securities Services. As of Nov 30 2007, Co. operated offices in over 25 countries.
Key Competitors
Goldman Sachs & Co. Company Info
Board of Directors
Mr. Lloyd C. Blankfein
Chairman
Ms. Lois D. Juliber
Mr. Edward M. Liddy
Dr. Ruth J. Simmons
Mr. Jon Winkelried
Mr. John S. Weinberg
Vice-Chairman
Mr. John H. Bryan
Mr. Gary D. Cohn
Mr. Claes Dahlbäck
Mr. Stephen Friedman
Mr. William W. George
Mr. Rajat K. Gupta
Mr. James A. Johnson
Contact Information
85 Broad Street
New York, NY
212 902-1000
NAICS Code
Investment Banking and Securities Dealing: 523110Brought to you by IBMSponsored Resources
