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Goldman Sachs
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China's property sector set to be persistently weak for years: Goldman
China's property sector is expected to grapple with "persistent weakness" for years, Goldman Sachs analysts said, adding that its problems would continue to drag on the country's economic growth.
Goldman Sachs to cut asset management investments that weighed on earnings
Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's earnings, an executive told Reuters.
Goldman Sachs to start cutting thousands of jobs midweek
Goldman Sachs Group will start cutting thousands of jobs across the firm from Wednesday, two sources familiar with the move said, as it prepares for a tough economic environment in the year ahead.
January 9, 2023 | 12:37 am PT
Goldman, JPMorgan unwind Russia business, EU banks disclose more exposures
Goldman Sachs Group Inc and JPMorgan Chase became the first U.S. banks to wind down business in Russia after it attacked Ukraine.
March 10, 2022 | 07:15 pm PT
Goldman Sachs forecasts 8.1 pct GDP growth for Vietnam
Investment bank Goldman Sachs has forecast Vietnam’s GDP to grow by 2.7 percent this year and 8.1 percent next year, driven by exports.
September 17, 2020 | 09:17 pm PT
Malaysia to summons two Goldman Sachs units ahead of 1MDB case
Malaysian prosecutors on Monday said they would issue summonses to units of U.S. investment bank Goldman Sachs in London and Hong Kong, regarding criminal charges filed against them last year.
March 17, 2019 | 10:54 pm PT
Goldman Sachs studying whether to trade bitcoins: source
Large banks have until now avoided trading in bitcoin due to its reputation as a conduit for illicit activity.
October 2, 2017 | 06:01 pm PT
Goldman sees post-Brexit UK recession; cuts EU, U.S. growth views
Britain is likely to enter a recession within the year as a result of last week's vote to leave the European Union, a decision that will stunt global economic growth as well, Goldman Sachs' top economists said on Sunday.
June 26, 2016 | 05:36 pm PT
Goldman Sachs cuts equities to "neutral", upgrades commodities
Goldman Sachs downgraded equities to "neutral" over a 12-month time-frame on growth and valuation concerns, but upgraded commodities to "neutral" on a three-month basis saying there was less downside potential to oil prices.
May 17, 2016 | 11:48 pm PT