Posted by Reuters: Business News on February 8, 2012
(Reuters) – Wall Street has been lashing out against the Volcker rule since it was proposed, but a senior Goldman Sachs executive said on Wednesday the trading restriction might actually help the investment bank’s profitability.



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Posted by Reuters: Business News on January 28, 2012
(Reuters) – Top Goldman Sachs Group Inc executives received previously restricted stock awards that are now worth $47.7 million, according to regulatory filings, though the executives are still limited in selling most of their Goldman stock.



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NEW YORK (Reuters) – The names of a Goldman Sachs board member and a top executive of Berkshire Hathaway surfaced on Friday as potential witnesses in the insider trading trial of Rajat Gupta, a former director of Goldman, Procter & Gamble and other companies.



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Posted by Reuters: Business News on January 18, 2012
NEW YORK (Reuters) – Stocks jumped to their highest since July on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while forecast-beating earnings from Goldman Sachs dispelled some worries over bank profits.



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Posted by Reuters: Business News on
NEW YORK (Reuters) – Stocks jumped to their highest since July on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while forecast-beating earnings from Goldman Sachs dispelled some worries over bank profits.



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NEW YORK (Reuters) – Stocks rose on Wednesday on optimism the International Monetary Fund would be able to raise additional funds to help combat Europe’s debt crisis and after Goldman Sachs’ earnings beat estimates.



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NEW YORK (Reuters) – Stocks opened little changed on Wednesday as initial enthusiasm over the International Monetary Fund’s plan to bolster lending to struggling euro zone nations flagged, but financial shares were boosted after Goldman Sachs quarterly profits topped views.



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(Reuters) – Goldman Sachs Group Inc’s fourth-quarter profit fell 56 percent as trading and investment banking revenue plunged, but the bank managed to beat analysts’ expectations through cost cutting and lower taxes.



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Posted by Reuters: Business News on
(Reuters) – Goldman Sachs Group Inc’s profit fell 56 percent in the fourth quarter but easily beat analysts’ estimates during a weak period for investment banking revenue.



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NEW YORK (Reuters) – Stock index futures rose on Wednesday after sources said the International Monetary Fund wants to boost its lending facility as the euro zone battles a long-running debt crisis and after earnings from Goldman Sachs.



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