Latest Goldman Sachs Group Inc News

Investors monitor stock prices at a brokerage in Beijing Thursday, Jan. 16, 2020. Share prices are mixed in moderate trading in Asia after the U.S. and China signed a preliminary trade agreement that investors hope will bring better relations between the two biggest economies. (AP Photo/Ng Han Guan)

Asian shares mixed after signing of China-US trade pact

Jan. 15, 2020 11:42 PM EST

Share prices were mixed Thursday in moderate trading in Asia after the U.S. and China signed a preliminary trade agreement that investors hope will bring better relations between the two biggest economies. Japan's Nikkei 225 was flat Thursday at 23,925.70, while the Kospi in South Korea added 0.2% to 2,236.01....

FILE - In this Sept. 25, 2019, file photo David Solomon, Chairman and CEO of Goldman Sachs, speaks at the Bloomberg Global Business Forum in New York. Goldman Sachs reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Mark Lennihan, File)

Goldman Sachs profit falls 24% as legal expenses mar results

Jan. 15, 2020 8:53 AM EST

NEW YORK (AP) — Goldman Sachs said its fourth-quarter profits dropped by 24% from a year earlier, as the bank had to set aside money to cover its looming settlement with U.S. authorities over its role in a Malaysian sovereign wealth fund scandal. The investment bank said Wednesday that it earned a profit...

Ex-Goldman Sachs banker pleads guilty to insider trading

Jan. 7, 2020 5:33 PM EST

NEW YORK (AP) — A former banker at Goldman Sachs pleaded guilty to an insider trading charge Tuesday, admitting that he stole secrets from the investment bank and gave them to a securities trader in Switzerland. Bryan Cohen, 33, entered the plea in Manhattan federal court to conspiring to commit securities...

Goldman Sachs policy change may end business with Alaska

Dec. 23, 2019 8:33 PM EST

ANCHORAGE, Alaska (AP) — Alaska's governor said the state may stop working with Goldman Sachs after the bank announced it would not finance future Arctic oil exploration. Republican Gov. Mike Dunleavy said he is reconsidering whether Alaska should do business with Goldman, The Anchorage Daily News...

FILE - In this file photo dated Wednesday, Dec. 11, 2019, people gather near London Bridge, backdropped by the city of London financial district, with 20 Fenchurch Street building known as The Walkie-Talkie building, top right.  Prime Minister Boris Johnson's decisive victory in last week's general election provided little comfort to Britain's once world-beating financial services industry, which has been battered by Brexit for more than three years. (AP Photo/Thanassis Stavrakis, FILE)

UK services industry sees little joy in post-Brexit world

Dec. 18, 2019 6:44 AM EST

LONDON (AP) — Prime Minister Boris Johnson's decisive victory in last week's general election provided little comfort to Britain's once world-beating financial services industry, which has been battered by Brexit for more than three years. While Johnson's triumph buoyed optimism that he would end the...

A man walks by an electronic stock board of a securities firm in Tokyo, Wednesday, Dec. 18, 2019. Asian shares were mostly higher Wednesday after record highs on Wall Street amid investor optimism about an interim U.S.-China trade deal announced last week. (AP Photo/Koji Sasahara)

Asian shares mixed after Wall Street hits new record highs

Dec. 17, 2019 11:34 PM EST

TOKYO (AP) — Asian shares meandered Wednesday after Wall Street logged fresh record highs, but investor optimism about an interim U.S.-China trade deal announced last week was fading. Japan's benchmark Nikkei 225 erased earlier gains to give up 0.5% to 23,958.63 in morning trading. Australia's S&P/ASX...