Tesla (NASDAQ:TSLA) stock is off to a brutal start in 2025, plunging 35% year to date. The decline reflects mounting challenges, as delivery
Saudi Arabia's sovereign wealth fund will be the anchor investor in Goldman Sachs Asset Management's specific new funds focused on the kingdom and other Gulf Cooperation Council countries, the companies said on Monday.
Goldman Sachs has pledged £1.5m to a West Midlands apprenticeship fund to help businesses in the region to develop their staff. The investment bank announced it would be committing funds from its apprenticeship levy to the West Midlands Combined Authority (WMCA) levy transfer scheme.
"We strongly believe that merit and diversity are not mutually exclusive," CEO David Solomon said.
Pintado, will retire this summer and be replaced by two internal executives to allow for an orderly transition, according to an internal memorandum seen by Reuters.
Expectations of a banner year in dealmaking have not yet materialized due to worries about inflation and uncertainties over U.S. government policy, and that is weighing on Goldman Sachs’s current valuation,
Goldman Sachs appointed Elizabeth Overbay as the chief financial officer of its asset and wealth management division, according to a memo seen by Reuters on Thursday, bolstering ranks in a key area of focus for the Wall Street giant.
A team of equity strategists at Goldman Sachs Group said that, according to their model, the risk of a stock-market correction over the next three months is rising. To be sure, the S&P 500 is already down about 4% from last week's record close.
Goldman Sachs Group Inc. erased diversity targets from a key regulatory filing, becoming the latest Wall Street firm to turn away from specific goals for a more representative workforce after an executive order by President Donald Trump.
The investment banking giant stands by its practice of regular staff cuts often called its 'annual cull,' trying to cut between 3 and 5 percent of its workforce of 46,500.
Palantir Technologies (PLTR) has been among the best-performing stocks over the past 12 months, driven by improving earnings, enthusiasm for