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Goldman Sachs Raises Odds Of US Recession To 45%
Goldman Sachs Group Inc. economists raised their recession probability assessment and brought forward the forecast timing of the next US Federal Reserve interest-rate cut following the Trump administration's tariff announcement.
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"BRICS Is For The Fairies Until China, India Get Serious," Says Mr 'BRICS'
The idea of the BRICS group ever challenging the US dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade, the former Goldman Sachs economist who came up with the BRIC acronym told Reuters.
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Goldman Sachs To Cut A Few Hundred Jobs In Coming Weeks In Annual Cull: Report
Goldman Sachs Group Inc. plans to dismiss a few hundred employees in the coming weeks as part of the firm's annual cull of low-performing staff, according to people familiar with the matter.
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She Was Set To Break Goldman Sachs' Glass Ceiling. Now She Is Leaving
Beth Hammack had been billed as one of the most likely candidates to break into Goldman Sachs Group Inc.'s all-male top tier.
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Goldman Sachs To Lay Off 125 Managing Directors Globally: Report
Goldman Sachs Group has decided to cut jobs at the managing director level across the globe, reported Bloomberg.
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Banker Brijesh Goel Convicted In US. Friend Testified Against Him
A former Goldman Sachs Group Inc. banker was found guilty of passing inside information on deals to a once-close friend and squash partner who became the prosecution's star witness.
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OpenAI Exploring 'Democratic Decision-Making' to Gather Wikipedia-Like Broad Input on Its AI
At AI Forward, an event in San Francisco hosted by Goldman Sachs Group and SV Angel, OpenAI president Greg Brockman discussed the broad contours of how the maker of the wildly popular chatbot is seeking regulation of AI globally.
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Apple Offers New High-Yield Deposit Account for US Card Customers With 4.15 Percent Interest Rate
Apple is seeking to attract US savers with a new high-yield deposit account it announced on Monday with partner Goldman Sachs Group amid increased competition among financial institutions for consumer dollars.
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Apple Doubles Its Investment in Carbon Removal Fund, Will Inject Further $200 Million
Apple said on Tuesday it doubled its financial commitment to a fund it had established two years ago to invest in projects that remove carbon from the atmosphere. The iPhone-maker said it will invest up to an additional $200 million (roughly Rs. 1,641 crore) in its Restore Fund, which was created in 2021 with an initial $200 million commitment.
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TVS in Talks With ADIA, Goldman Sachs, Carlyle for Up to $350 Million Investment in Its EV Arm: Report
TVS is in talks with Abu Dhabi Investment Authority (ADIA), Goldman Sachs Group Inc and Carlyle Group Inc for an investment in its electric vehicle (EV) arm, the Economic Times reported on Wednesday. TVS Motors, which makes the iQube e-scooter, had reported its EV sales had nearly doubled in the October-December quarter.
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Tejas Shah of Indian Origin Named CEO of Crypto-Focussed New York Digital Investment Group
The New York Digital Investment Group (NYDIG) has named Tejas Shah as the CEO of the crypto-focussed alternate asset management platform. Before joining the NYDIG, Shah had clocked a nearly 20-year long career at Goldman Sachs as a partner. Alongside Shah, Nate Conrad, the former Global Head of Payments at NYDIG has been promoted as the firm’s Pr...
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IIT Alums Became Friends On Wall Street. Then One Turned On The Other.
They were business school buddies who landed at top Wall Street firms -- Goldman Sachs Group Inc. and Barclays Plc -- lived for a time in the same Manhattan high-rise, played squash regularly and partied overseas together.
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IIT Madras Witnesses 32 Per Cent Rise In Number Of Internship Offers On Day One
The top recruiters in terms of internship offers are- Texas Instruments (40 offers), American Express (20 offers), Boston Consulting Group (17 offers), Goldman Sachs (16 offers)
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Goldman Sachs Allows Senior Staff to Take Unlimited Vacation
Goldman Sachs Group Inc. will allow senior staff to take an unlimited number of vacation days, the latest move by a Wall Street bank to retain talent in a heated job market.
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Goldman Sachs Plays Hardball With Those Who Leave
As Wall Street firms struggle to hold on to top talent, Goldman Sachs Group Inc. isn't just paying bigger bonuses to dissuade executives from leaving - it's turning the screws on those who do.
-
Goldman Sachs Raises Odds Of US Recession To 45%
Goldman Sachs Group Inc. economists raised their recession probability assessment and brought forward the forecast timing of the next US Federal Reserve interest-rate cut following the Trump administration's tariff announcement.
-
"BRICS Is For The Fairies Until China, India Get Serious," Says Mr 'BRICS'
The idea of the BRICS group ever challenging the US dollar is for the fairies as long as China and India remain so divided and refuse to cooperate on trade, the former Goldman Sachs economist who came up with the BRIC acronym told Reuters.
-
Goldman Sachs To Cut A Few Hundred Jobs In Coming Weeks In Annual Cull: Report
Goldman Sachs Group Inc. plans to dismiss a few hundred employees in the coming weeks as part of the firm's annual cull of low-performing staff, according to people familiar with the matter.
-
She Was Set To Break Goldman Sachs' Glass Ceiling. Now She Is Leaving
Beth Hammack had been billed as one of the most likely candidates to break into Goldman Sachs Group Inc.'s all-male top tier.
-
Goldman Sachs To Lay Off 125 Managing Directors Globally: Report
Goldman Sachs Group has decided to cut jobs at the managing director level across the globe, reported Bloomberg.
-
Banker Brijesh Goel Convicted In US. Friend Testified Against Him
A former Goldman Sachs Group Inc. banker was found guilty of passing inside information on deals to a once-close friend and squash partner who became the prosecution's star witness.
-
OpenAI Exploring 'Democratic Decision-Making' to Gather Wikipedia-Like Broad Input on Its AI
At AI Forward, an event in San Francisco hosted by Goldman Sachs Group and SV Angel, OpenAI president Greg Brockman discussed the broad contours of how the maker of the wildly popular chatbot is seeking regulation of AI globally.
-
Apple Offers New High-Yield Deposit Account for US Card Customers With 4.15 Percent Interest Rate
Apple is seeking to attract US savers with a new high-yield deposit account it announced on Monday with partner Goldman Sachs Group amid increased competition among financial institutions for consumer dollars.
-
Apple Doubles Its Investment in Carbon Removal Fund, Will Inject Further $200 Million
Apple said on Tuesday it doubled its financial commitment to a fund it had established two years ago to invest in projects that remove carbon from the atmosphere. The iPhone-maker said it will invest up to an additional $200 million (roughly Rs. 1,641 crore) in its Restore Fund, which was created in 2021 with an initial $200 million commitment.
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TVS in Talks With ADIA, Goldman Sachs, Carlyle for Up to $350 Million Investment in Its EV Arm: Report
TVS is in talks with Abu Dhabi Investment Authority (ADIA), Goldman Sachs Group Inc and Carlyle Group Inc for an investment in its electric vehicle (EV) arm, the Economic Times reported on Wednesday. TVS Motors, which makes the iQube e-scooter, had reported its EV sales had nearly doubled in the October-December quarter.
-
Tejas Shah of Indian Origin Named CEO of Crypto-Focussed New York Digital Investment Group
The New York Digital Investment Group (NYDIG) has named Tejas Shah as the CEO of the crypto-focussed alternate asset management platform. Before joining the NYDIG, Shah had clocked a nearly 20-year long career at Goldman Sachs as a partner. Alongside Shah, Nate Conrad, the former Global Head of Payments at NYDIG has been promoted as the firm’s Pr...
-
IIT Alums Became Friends On Wall Street. Then One Turned On The Other.
They were business school buddies who landed at top Wall Street firms -- Goldman Sachs Group Inc. and Barclays Plc -- lived for a time in the same Manhattan high-rise, played squash regularly and partied overseas together.
-
IIT Madras Witnesses 32 Per Cent Rise In Number Of Internship Offers On Day One
The top recruiters in terms of internship offers are- Texas Instruments (40 offers), American Express (20 offers), Boston Consulting Group (17 offers), Goldman Sachs (16 offers)
-
Goldman Sachs Allows Senior Staff to Take Unlimited Vacation
Goldman Sachs Group Inc. will allow senior staff to take an unlimited number of vacation days, the latest move by a Wall Street bank to retain talent in a heated job market.
-
Goldman Sachs Plays Hardball With Those Who Leave
As Wall Street firms struggle to hold on to top talent, Goldman Sachs Group Inc. isn't just paying bigger bonuses to dissuade executives from leaving - it's turning the screws on those who do.
