Goldman Sachs

Jim O'Neill, the chairman of Goldman Sachs Asset Management, is eyeing China and Russia as the most attractive BRIC countries while shunning "expensive" India.

Nathaniel Rothschild emphasised his status as one of the most powerful brokers in the booming commodities market yesterday as he unveiled plans to raise £1bn in just 11 days.

French investment bank Societe Generale made a $1bn bet on its own shares for Libya's sovereign wealth fund, according to reports.

US-based coupon website Groupon has filed to go public so it can raise up to $750m, in the latest high-profile technology company IPO to fire up fears about a bubble in the sector.

Goldman Sachs has received a subpoena from New York prosecutors seeking information on the investment bank's role leading into the global financial crisis, according to reports.

Goldman Sachs and HSBC are two of the banks that stored funds for Libya's government investment fund under Muammar Gaddafi, according to reports.

Goldman Sachs has reversed its bearish call on commodities, urging investors to buy as it expects oil will surge to $130 a barrel in the next 12 months.

Goldman Sachs Asset Management has made its unconstrained Goldman Sachs Strategic Income Bond portfolio available to UK investors.

Goldman Sachs' BRIC fund was one of the worst affected by yesterday's sharp commodity sell-off, which saw the price of Brent Crude oil fall 10%.

CHALLENGES IN CHINA