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Goldman Sachs

Former Goldman Sachs and Blackstone Analysts Face Insider Trading Charges

Introduction: In a significant legal development, U.S. prosecutors have filed criminal charges related to insider trading against former Goldman Sachs…

Goldman Sachs to Initiate Fresh Round of Job Cuts: Here’s What You Need to Know

According to insiders familiar with the matter, Goldman Sachs is gearing up for a new round of job cuts targeting…

Goldman Sachs Faces Tough Decisions as Goodwill Writedown Sends Signals

Goldman Sachs Group Inc. disclosed a significant half-billion-dollar goodwill impairment, primarily associated with the troubled acquisition of a home improvement…

Goldman Sachs’ $215M Settlement for Sex Discrimination Sparks Potential Progress in Gender Equality

Goldman Sachs, one of the leading investment banking firms on Wall Street, has reached a significant settlement of $215 million…

Deutsche Bank Fights $14 Billion Order

Summary: Deutsche Bank is the latest bank to enter into negotiations with the Department of Justice over their part in…

Goldman Sachs Reaches $5.06 Billion Settlement

Summary: For their actions during the financial crisis of 2007 to 2009, the Goldman Sachs Group will pay $5.06 billion…

Goldman Sach Programmer Case Will Head to Appellate Court

Summary: After beating federal and state prosecutors, Russian born American citizen Sergey Aleynikov will head back to court to continue…

Goldman Sachs’ Profits Hurt by Litigation Costs

Summary: While legal costs have hurt their profits, Goldman Sachs’ overall profits are up from a year ago. Goldman Sachs…

Judge Overturns Jury’s Decision in Case against Former Goldman Sachs Programmer

Summary: A jury found Sergey Aleynikov guilty of a seldom used 1967 law of “unlawful use of secret scientific material”.…

Goldman Sachs at Risk of Facing Civil Lawsuit

Summary: Goldman Sachs could be facing a civil lawsuit from the government once an investigation into the big bank is complete. …

Goldman Sachs to Pay $1.1 Billion to Settle Claims with Federal Housing Finance Agency

Summary: Goldman Sachs will join Bank of America and other financial institutions that have recently settled claims of fraudulent conduct…

Zillow Merges with Trulia for $3.5 Billion

Zillow and Trulia, after nine years of competition in the online real estate community, have decided to merge and combine…