The Goldman Sachs Group, Inc. Tuesday reported strong results for its second quarter, characterized by a large jump in net revenues and earnings.The firm generated net revenues of US$13.76 billion and net earnings of US$3.44 billion for its second quarter ended June 26. Annualized return on average common shareholders’ equity was 23.0% for the quarter, […]
Levitt to serve as advisor
Wall Street firm plans US$5 billion public stock offering
Sharp decline in values across virtually every asset class
The Goldman Sachs Group has agreed to purchase the majority of the carbon offset portfolio of E+Co, a non-profit investment company that provides business support services and capital to clean energy businesses in Africa, Asia and Latin America.E+Co said that through a multi-year alliance, Goldman Sachs will help promote its goal of providing investment capital […]
Goldman Sachs Group Inc. today announced a strategic alliance with Blue Source LLC to market U.S. greenhouse gas emission reductions.The firms said that they have entered a strategic alliance that combines Goldman’s expertise in commodities trading and financial risk management with Blue Source’s climate change portfolio. Goldman Sachs will structure and market a broad range […]
Goldman Sachs ratings moved to negative outlook
Move to a bank holding company has led to confidence in the long-standing institution
Revenues tumble in investment banking, trading divisions
Location to handle fund accounting and investor servicing