Goldman Sachs' profits fell 72% in the first quarter as the bank's trading revenue declined and earnings were hit by a $1.64bn dividend payment to Warren Buffett's Berkshire Hathaway.
Goldman Sachs will be referred to the US Department of Justice for allegedly making "misleading and inaccurate" comments to Congress over its role in the financial crisis.
GSAM chairman Jim O'Neill calls for UK rate rise but expects oil price shock to be temporary
At this stage, it remains impossible to really judge confidently the scale of the damage from the earthquake in Japan and the tsunami that followed.
Investors in the top 10 hedge funds reaped returns of $28bn (£17.2bn) in the second half of last year alone, according to new data.
Goldman Sachs Asset Management chairman Jim O'Neill is convinced about global and US economic recoveries
BRIC economies could be among the five largest in the world well ahead of 2050, the year originally forecast by Goldman Sachs Asset Management (GSAM).
For the first time in five years, Goldman Sachs is more bullish on US growth than global consensus.