Goldman Sachs Q2 earnings dive on $1.45 bn legal charge

Last Updated: Thursday, July 16, 2015, 19:03

Net earnings in the quarter ending June 30 fell to $1.05 billion from $2.04 billion in the year-ago period.

Business activity in India showing recovery: Goldman Sachs

Last Updated: Tuesday, July 14, 2015, 15:04

Business activity picked up in the second quarter of 2015, largely on the back of better investment demand and improvements in commercial vehicle sales, Goldman Sachs said Tuesday.

Goldman Sachs could be sued for helping hide Greece's debts: Report

Last Updated: Saturday, July 11, 2015, 19:29

If Greece follows the advice of a former Goldman Sachs banker, the global investment banking firm could face legal action for helping hide the European country`s debts through complex transactions, a media report said on Saturday.

Rajat Gupta's appeal to quash insider trading conviction fails

Last Updated: Friday, July 3, 2015, 10:24

Gupta, 66, was convicted in 2012 of passing confidential boardroom information to now jailed hedge fund founder Raj Rajaratnam.

Goldman settles SEC charges over 2013 options trading incident

Last Updated: Tuesday, June 30, 2015, 23:37

The SEC said Goldman sent about 16,000 mispriced options orders to various exchanges on Aug. 20, 2013, leading to about 1.5 million options contracts, representing 150 million shares, being executed within minutes after the market opened.

GM and FCA line up financial advisers in merger stand-off

Last Updated: Thursday, June 18, 2015, 09:55

GM is being advised by Goldman Sachs, while FCA is working with UBS on the matter, several sources said, with one adding that Morgan Stanley was also working with GM.

EuroPacific sells 0.8% stake in Axis Bank for Rs 1,062 crore

Last Updated: Friday, May 22, 2015, 21:18

EuroPacific Growth Fund on Friday offloaded over 1.93 crore shares of private sector lender Axis Bank for an estimated Rs 1,062 crore through open market transaction.

Goldman cuts crude outlook and oil company forecasts

Last Updated: Monday, May 18, 2015, 18:34

Goldman Sachs has cut its long-term crude oil price forecasts and recommended investors sell shares in two major oil companies, saying that improved U.S. shale efficiency and higher production from OPEC will more than cover future demand.

Goldman Sachs must face $120 million suit over mortgage securities-court

Last Updated: Thursday, May 7, 2015, 22:19

ACA says it lost approximately $900 million on the deal when the subprime mortgage market collapsed.

'Indian e-commerce market to account for 2.5% of GDP by 2030'

Last Updated: Wednesday, May 6, 2015, 19:13

The e-commerce market will account for 2.5 percent of the India's GDP by 2030, growing 15 times and reaching USD 300 billion, a report said Wednesday.