Posts Tagged ‘goldman sachs’

Global financial markets tremble as Moody’s downgrades rating of 15 banking titans

Moody’s on Thursday downgraded credit rating of world’s 15 largest financial institutions, including Barclays, Citigroup, Deutsche Bank, Goldman Sachs and HSBC. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Facebook underwriters face lawwuits over IPO

Morgan Stanley, Goldman Sachs, JP Morgan Chase and the long list of Facebook underwriters have been slapped with a lawsuit by investors who say they were misled. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

U.S. stocks edge higher as Greek debt talks show progress

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – United States stocks edged higher Tuesday afternoon amid hopes that Greece is moving close to a deal to secure more bailout money. Just before 1 p.m. on Wall Street, the Dow Jones Industrial Average had erased earlier losses and risen 30 points. […]

Fitch downgrades world’s top banks

Fitch downgraded the debt rating of nine of the world’s leading banks including Bank of American and Goldman Sachs. View full post on Banking Stories

DealBook: Gupta Faces Criminal Charges

The case against Rajat K. Gupta, a former director of Goldman Sachs, would tie up a major loose end in the long-running investigation of Raj Rajaratnam’s Galleon Group hedge fund. View full post on Business Stories

U.S. stocks open down Tuesday as data out of China disappoints

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The Dow Jones Industrial Average was down nearly 100 points on the market opening after disappointing data out of China and lingering concerns over the European debt crisis weighed on stocks. The S&P 500 Index was off about 4 points and the […]

U.S. stock futures down ahead of Thursday’s open

Diane Alter – AHN News Reporter NYC, NY, United States (AHN) – U.S. stock futures were down ahead of Thursday’s opening bell, signaling a drop when markets open at 9:30 a.m. EST. JP Morgan Chase, the first of the major banks to report third quarter earnings, beat results but profits were down 4 percent. Third […]

Former SEC officials claim regulator destroyed records

A former U.S. Securities and Exchange Commission official claimed that the regulator destroyed records of enforcement cases after it decided not to file charges or make full-blown probes. The cases include prominent Wall Street firms such as Goldman Sachs, Citigroup, Bank of America, Morgan Stanley and SAC Capital. View full post on Banking Stories

Goldman Sachs to launch stock market in Canada

Wall Street titan Goldman Sachs says it will bring its dark pool stock market system, SIGMA X, to Canada at an unspecified date. View full post on Canada Business Stories

U.S. SEC drops insider trading charge against Gupta

Vittorio Hernandez – AHN News Washington, DC, United States (AHN) – The U.S. Securities and Exchange Commission on Thursday dropped insider trading charges against Rajat Gupta, the former board member of Goldman Sachs and leader of McKinsey and Company. The action was the result of a lawsuit filed by Gupta against the regulator. Gupta said […]