Ties with Rajaratnam not proof of quid pro quo: Rajat Gupta

Last Updated: Sunday, April 19, 2015, 13:03

India-born former Goldman Sachs director Rajat Gupta seeking to set aside his conviction on insider trading charges has said his friendship with jailed hedge fund founder Raj Rajaratnam does not prove he received personal gain by passing on classified information.

Goldman reports highest profit in five years as trading picks up

Last Updated: Friday, April 17, 2015, 06:07

Goldman Sachs Group Inc reported its best quarterly profit in five years on Thursday, notching up big gains from trading bonds and currencies as global markets fluctuated during the first three months of the year.

Goldman Sachs earnings surge on strong trading results

Last Updated: Thursday, April 16, 2015, 19:32

Goldman Sachs` profits soared in the first quarter on heavy merger and acquisition activity and strong trading levels in financial markets, earnings released Thursday showed.

US opposes Rajat Gupta's plea to reverse conviction

Last Updated: Saturday, April 4, 2015, 13:32

India-born ex-Goldman Sachs director Rajat Gupta's conviction on insider trading charges should not be thrown out as the government provided "overwhelming" proof against him for passing on illegal information in return for "expected potential pecuniary gains," US prosecutors said.

US judge recommends against Goldman gender-bias class action

Last Updated: Wednesday, March 11, 2015, 05:22

A federal judge on Tuesday recommended against certifying a class-action lawsuit in which current and former women employees at Goldman Sachs Group Inc accused the Wall Street bank of gender-based bias in pay and promotions.

Rajaratnam, Gupta seek to void US insider trading penalties

Last Updated: Tuesday, March 10, 2015, 10:27

The men are the highest-profile defendants convicted in a US insider trading crackdown, focused mainly on hedge funds, unveiled in 2009.

Rajaratnam, Gupta seek to void US insider trading penalties

Last Updated: Tuesday, March 10, 2015, 02:16

Galleon Group hedge fund founder Raj Rajaratnam and former Goldman Sachs Group Inc director Rajat Gupta are seeking to overturn penalties imposed against them for insider trading, citing a recent U.S. court decision that narrowed the definition of that offence.

Morgan Stanley to pay $2.6 billion to settle mortgage-bond claims

Last Updated: Thursday, February 26, 2015, 09:27

Morgan Stanley said it will pay $2.6 billion to the U.S. government to resolve potential claims stemming from the sale of mortgage bonds before the financial crisis, reducing its 2014 profit by more than half.

SBI appoints 9 merchant bankers for Rs 15,000 crore share sale

Last Updated: Wednesday, February 11, 2015, 22:20

Country's largest lender State Bank of India (SBI) on Wednesday kicked of its largest-ever fund raising drive to raise up to Rs 15,000 crore by picking up as many as nine investment bankers, including Goldman Sachs, Barclays Plc and Bank of America Merrill Lynch (BofA-ML), sources said.

Antuit secures $56 mn funding led by Goldman Sachs

Last Updated: Thursday, January 22, 2015, 16:38

Antuit Holdings Pte Ltd, a big data solutions firm, today said it has secured an investment of up to USD 56 million (about Rs 345 crore) led by global investment bank Goldman Sachs.

Goldman Sachs profit hit by weak fixed-income trading

Last Updated: Friday, January 16, 2015, 23:43

Goldman Sachs Group Inc reported a 7 percent drop in fourth-quarter profit as an unexpected bout of market volatility in December hit its bond-trading business.

US apex court denies Rajat Gupta's appeal against lifetime ban

Last Updated: Tuesday, January 13, 2015, 10:40

The US Supreme Court has denied an appeal by India-born former Goldman Sachs Director Rajat Gupta, who had challenged a ruling by a lower court permanently banning him from from serving as an officer or director of a public company.