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Face masks, temperature checks and packaged sandwiches could all become part of the daily routine for bankers as their employers work out how to get them safely back into the office. While a growing number of countries are starting to ease lockdowns to contain the coronavirus pandemic, the threat of a new wave of infections …
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On any other Friday evening in mid-April, “The Loopy Doopy” rooftop bar at the Conrad Hotel in Battery Park City would be abuzz with Goldman Sachs bankers wrapping bright blue blankets around their shoulders while sipping overpriced happy-hour drinks. But this year, the bar is closed, and there are no bankers checked into the luxury …
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The coronavirus is poised to spur a massive drop in iPhone sales this year, according to Goldman Sachs. Analysts at the Wall Street bank on Friday said they expect iPhone shipments to fall 36 percent during the third quarter as customers around the world remain locked down due to the coronavirus, and downgraded Apple’s stock …
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Goldman Sachs chief executive David Solomon signaled on Wednesday he’s working on the “assumption” that the coronavirus-driven recession will continue at least through the end of this year. After seeing the $80 billion bank’s first-quarter profit nearly cut in half by the pandemic, CEO Solomon kicked off Goldman’s earnings call on a somber tone, making …
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Goldman Sachs said on Monday it had injected more than $1.8 billion into two of its own money-market funds last week, updating a previously disclosed figure of about $1 billion. The transactions were spread over two days last week to keep the funds’ weekly liquidity levels above the US regulatory threshold of 30 percent. Goldman …
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Several employees at Goldman Sachs’ New York headquarters are believed to have contracted the novel coronavirus, according to two sources, making it the latest Wall Street bank whose staff have been affected by the pandemic. Over the past two weeks, employees at JPMorgan Chase, Morgan Stanley, Barclays and BlackRock have all reported confirmed cases among …
Face masks, temperature checks and packaged sandwiches could all become part of the daily routine for bankers as their employers work out how to get them safely back into the office. While a growing number of countries are starting to ease lockdowns to contain the coronavirus pandemic, the threat of a new wave of infections …
