Earnings hit by settlements with U.S., British regulators
Wall Street giant to pay fine and compensation to investors
Legal issues could impact rating
U.S. lawmakers push for Canada style rules
UK regulator opens formal investigation, will work closely with SEC
Firm outlines four points in its defence
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