Goldman Sachs

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.

The US is planning to sue more than a dozen major banks for misrepresenting the quality of mortgages they sold during the housing bubble, the New York Times reports.

J.P. Morgan is expecting investor enthusiasm for gold to hold firm and drive the precious metal to $2,500 by the end of this year.

Investment bank Goldman Sachs has raised its gold price forecast after the commodity smashed the $1,700 barrier this morning to hit a new nominal high.

Warren Buffett's Berkshire Hathaway made a profit of $806m on lending Goldman Sachs $5bn to help the bank through the last financial crisis.

Goldman Sachs' Nicholette MacDonald-Brown has joined Schroders as a fund manager on the European equities team.

Morgan Stanley has been dubbed 'the new Morgan Sachs' after its equity and bond traders captured market share from rivals over the past quarter.

Former Gartmore manager Guillaume Rambourg has hired Goldman Sachs' Karim Moussalem to work with him on his new hedge fund venture, according to Financial News.