Goldman Sachs

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.

Goldman Sachs has upgraded BSkyB to a buy rating, saying the 14% drop in its share price since Thursday has produced an ‘attractive entry point'.

Sentiment among the US equity managers at Goldman Sachs Asset Management stands broadly in line with the bullish outlook for America's economy that Goldman's global investment research unit issued early this year.

Nathaniel Rothschild, the financier, has confirmed his position as one of the most powerful brokers in the country after smashing the fund raising target for his new venture.