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Banking Consortium Aims to Standardize Disclosure Reporting for Enhanced Transparency

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Goldman Sachs, HSBC, Barclays, BNP Paribas, and another undisclosed bank are forming a consortium to adopt a common global approach to disclosing clients' stock...

To reduce asset management expenditures that dragged on profits: Goldman Sachs

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According to a senior executive, the $59 billion in alternative investments that have been a burden on the bank's revenues would be greatly reduced...

Job losses at Goldman hurt investment bank and overseas trade severely

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According to a source familiar with the situation, Goldman Sachs (GS.N) started terminating employees on Wednesday as part of a broad cost-cutting initiative. The...

Prosecutor urges ex- Goldman banker’s conviction over 1 MDB

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A U.S. prosecutor urged jurors to convict a former senior Goldman Sachs banker for helping loot billions of dollars from Malaysia's 1MDB sovereign wealth fund....

Goldman Sachs raised COO pay by 78%

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Goldman Sachs Group Inc President and Chief Operating Officer John Waldron's total compensation for 2021 was $33 million. This is up nearly 78% from a...

Goldman planning to float Petershill asset

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Goldman Sachs plans to float the assets of its Petershill Partners unit. They are thinking about this with the hope to cash in on...