Goldman Sachs

Wall Street's biggest banks had their worst quarter of results since 2008's financial crisis, with trading revenue down 35% on last year.

US banking giant Goldman Sachs has reported a loss of $428m (£272m), worse than analysts had been expecting.

At least 50 of Europe's top 91 banks are expected to fail the European Banking Authority's (EBA) new stress tests, analysts at Goldman Sachs have warned.

Richard Pursglove has joined Goldman Sachs Asset Management (GSAM) as head of the UK third party distribution business in a bid to expand sales among discretionary managers and fund of funds.

The head of HM Revenue & Customs (HMRC) is to be quizzed by MPs this afternoon over claims he allowed Goldman Sachs to escape £10m in interest payments on an offshore tax avoidance scheme.

Investment bank Goldman Sachs is expected to report its second ever quarterly loss when it unveils its numbers next week, Credit Suisse analysts have warned.

Goldman Sachs AM chairman Jim O'Neill has proposed an alternative 'rules-based investing approach' he believes can produce lower risk equity market returns.

Noel O'Halloran, head of the team that manages the Insynergy New World Equity Income fund, is anticipating interest rate cuts in major emerging markets as the economic cycle begins to turn.

Facebook has delayed its $66.5bn IPO until late 2012 in order to keep employees focused on their jobs rather than a payout, according to reports.

August 2011 has come to an end and the final week was a bit calmer than the preceding three. The Bernanke speech was the highlight and, in many ways, the Fed Chairman had no major surprises for us.