Latest Goldman Sachs Group Inc News

Wall Street feuds with Warren, much to her apparent delight

Nov. 14, 2019 4:58 PM EST

NEW YORK (AP) — Senator Elizabeth Warren’s fight with Wall Street escalated when billionaire investor Leon Cooperman called the presidential candidate’s proposal to put a new tax on the nation’s wealthiest people a plan to “penalize success” and said her ideas...

Malaysian ex-PM Najib ordered to enter defense in 1MDB case

Nov. 11, 2019 10:49 PM EST

KUALA LUMPUR, Malaysia (AP) — A Malaysian judge on Monday ordered former Prime Minister Najib Razak to enter a defense at his first corruption trial linked to the multibillion-dollar looting at the 1MDB state investment fund that helped spur his shocking election ouster last year. Defense lawyers said...

NY regulator vows to investigate Apple Card for sex bias

Nov. 9, 2019 7:20 PM EST

NEW YORK (AP) — A New York regulator is investigating Goldman Sachs for possible sex discrimination in the way it sets credit limits. The bank denies wrongdoing. The investigation follows a series of viral tweets by entrepreneur and web developer David Heinemeier Hansson about algorithms used for the Apple...

Graft ruling for Malaysian ex-leader a test for government

Nov. 7, 2019 8:15 PM EST

KUALA LUMPUR, Malaysia (AP) — An important court ruling Monday in the first corruption trial of former Malaysian leader Najib Razak will be a test of the legal system and of the credibility of the prime minister who brought about his shocking ouster from office last year. Najib is charged in five separate...

Prosecutors seek court change for Goldman Sachs's 1MDB trial

Oct. 22, 2019 11:22 PM EDT

KUALA LUMPUR, Malaysia (AP) — Malaysian prosecutors Tuesday sought a court change for Goldman Sachs's criminal trial over its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB. Hisyam Teh Poh Teik, a lawyer for Goldman, said prosecutors informed the magistrate court now...

Asian shares rise after Wall Street gain on solid earnings

Oct. 15, 2019 10:43 PM EDT

TOKYO (AP) — Asian shares were higher Wednesday after a gain on Wall Street boosted by healthy earnings reports from U.S. companies. Japan's benchmark Nikkei 225 rose 1.6% in morning trading to 22,554.05, while Australia's S&P/ASX 200 gained 1.0% to 6,720.10, while South Korea's Kospi added 0.6% to...