Posts Tagged ‘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

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

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 […]

New York prosecutor subpoenas Goldman Sachs over credit crisis role

The New York prosecutor subpoenaed American bank Goldman Sachs to investigate the institution’s role into the credit crisis. The court summons is in relation to the U.S. Senate Permanent Subcommittee on Investigation’s report that accused Goldman Sachs of misleading buyers of mortgage-linked investments as one of the reasons behind the collapse of the financial markets. […]

Bear Stearns Alumni, All Over Wall Street

Coming from a failed company hasn’t been a career breaker for the former Bear executives running bond businesses at onetime rivals such as Bank of America and Goldman Sachs View full post on Finance Stories

Top Goldman executives on Galleon witness list

Goldman Sachs’ two most senior executives, Lloyd Blankfein and David Viniar, were among the high-profile names on a list of those who may be called as witnesses in the insider trading trial of hedge fund billionaire Raj Rajaratnam View full post on UK Business Stories