• Goldman Sachs says commodities poised for bull market

    Goldman Sachs says commodities poised for bull market

    Goldman Sachs on Wednesday maintained its “overweight” recommendations for commodities in 2021, reasoning the sector was possibly the best hedge against likely inflation and poised for
  • Top dealmaker leaves Goldman Sachs to run Michael Dell’s investment firm

    Top dealmaker leaves Goldman Sachs to run Michael Dell’s investment firm

    A top Goldman Sachs dealmaker is leaving the firm after almost three decades to run Texas computer tycoon Michael Dell’s investment firm. In a move that shocked many insiders at the Wall Street
  • Goldman Sachs names its smallest partner class in decades

    Goldman Sachs names its smallest partner class in decades

    Goldman Sachs just revealed its smallest partner class in decades as Chief Executive David Solomon further shrinks the megabank’s elite inner circle. The $2 trillion financial services giant said
  • Goldman Sachs CEO tells bankers to ‘look up’ amid election unrest

    Goldman Sachs CEO tells bankers to ‘look up’ amid election unrest

    Goldman Sachs chief David Solomon is trying to calm his troops while the tumult of the 2020 election continues to unfold. In an audio message to Goldman staff on Wednesday evening — emailed out
  • Goldman Sachs sees two COVID-19 cases as workers return to the office

    Goldman Sachs sees two COVID-19 cases as workers return to the office

    Goldman Sachs has seen two employees test positive for COVID-19 in the last two weeks — just as the megabank has begun to prod workers back into the office, sources told The Post. One of the cases appears to have affected Goldman’s trading operation, and the bank has sent some workers in that division home …
  • COVID-19 case may derail JPMorgan’s back-to-work push

    COVID-19 case may derail JPMorgan’s back-to-work push

    Jamie Dimon’s back-to-the-office push despite the pandemic has already run into trouble. JPMorgan Chase was forced to send some workers its New York City headquarters home this week after an employee in the bank’s equities trading and sales division tested positive for the deadly coronavirus, sources told The Post. An insider said the banking giant  …
  • Malaysia drops criminal charges against Goldman Sachs over 1MDB bond sales

    Malaysia drops criminal charges against Goldman Sachs over 1MDB bond sales

    Malaysian prosecutors on Friday withdrew criminal charges against three Goldman Sachs units accused of misleading investors over $6.5 billion in bond sales they helped organize for a state fund, the Bernama state news agency reported. The move comes after Goldman Sachs agreed to pay $3.9 billion to Malaysia to settle a probe into its alleged …
  • Warren Buffett confuses Wall Street as he buys gold, sells Goldman Sachs

    Warren Buffett confuses Wall Street as he buys gold, sells Goldman Sachs

    Warren Buffett has given up his long-held conviction against buying gold — and he’s meanwhile getting out of Goldman Sachs. The totemic tycoon revealed in filings late last week that he has scooped up more than 20 million shares of mining giant Barrick Gold Corp. even as he unloaded nearly all of his nearly 2 …
  • Goldman Sachs restates quarterly earnings on 1MDB settlement

    Goldman Sachs restates quarterly earnings on 1MDB settlement

    Goldman Sachs on Friday lowered its previously stated quarterly earnings as the bank set aside more money to pay for its settlement with the Malaysian government over the multi-billion-dollar 1MDB scandal. Goldman lowered its net earnings applicable to common shareholders to $197 million from $2.25 billion, in a filing published Friday. The revised earnings reflect …
  • Fairway’s new owner says ex-owner trying to steal its customers

    Fairway’s new owner says ex-owner trying to steal its customers

    Will the real Fairway please stand up? The supermarket chain that bought Fairway Market out of bankruptcy in March says the former owners of the Big Apple grocer have been engaging in shady tactics to steal its customers for a new business. Village Super Market, which operates the ShopRite chain of groceries, claims in a …