• "Timelapse in Google Earth is about zooming out to assess the health and well-being of our only home, and is a tool that can educate and inspire action," the company said in a blog post.

• Germany's gross domestic product will expand by 3.7 percent this year, according to five economic think tanks, revising down more optimistic predictions by one percentage point.

• Profits soared in the first quarter at three US banking giants thanks to an improving macroeconomic backdrop that has reduced the need to set aside funds for bad loans.

• JPMorgan and Goldman Sachs also had a blowout quarter in Wall Street trading and due to deals connected to companies going public.

NEW YORK: Profits soared in the first quarter at three US banking giants thanks to an improving macroeconomic...

• While HSBC will allow the holding, sale and outgoing transfer of MicroStrategy shares, it will forbid new purchases or incoming transfers, said the message dated March 29.

NEW YORK: Strong economic data from China and the United States helped lift oil prices by more than 1% on Tuesday,...

• Goldman Sachs said any potential recovery in Iranian oil exports would not be a shock to the market, and full recovery would not occur until summer 2022.

• Spain's lofty targets to install wind farms and solar parks have caught the eyes of investors keen to deploy funds in a sector boosted by an international drive to cut planet-warming emissions.
• Given the current volatility in the market around listed renewable energy companies and the foreseeable over-supply of stock market listings by other companies in the sector, now is not the right moment to list.

ZURICH: Top global banks Nomura of Japan and Switzerland's Credit Suisse warned Monday they could face significant...

A revolt by junior Goldman Sachs’ bankers over work weeks that can stretch to as long as 105 hours has inspired...

• Jennifer Moss, a syndicated columnist who specializes in workplace issues, praised the moves, but said employers will need to follow through if they want to maintain their staff after the pandemic.

NEW YORK: Goldman Sachs Group Inc liquidated $10.5 billion worth of stocks in block trades as part of a selling ...

• Last week, Reuters reported that a group of junior bankers in Goldman's investment bank told senior management that they were working nearly 100-hours a week and sleeping just 5 hours a night to keep up with record-setting demand from clients.

• Set up in 2017, DgPays has a solutions and service ecosystem that consists of 24 institutions, the statement said, adding that it serves the vast majority of the banking industry in Turkey.
• The statement did not specify the size of the investment by Goldman Sachs' asset management division and the EBRD but said it represents one of the most significant foreign investments in Turkey's fintech sector to date.

NEW YORK: Overworked and stressed-out new hires at the Goldman Sachs investment bank are asking that their work week...

• "We estimate that the oil market has remained in a large 2.5 million bpd deficit since February despite our estimate that Iran exports have increased by 0.7 million bpd year-to-date," Goldman said in a note dated March 18.

• Under Launch with GS, Goldman said it had invested more than $450 million of the $500 million it had previously promised
• in a number of companies, including BentoBox, which offers websites for restaurants, and lease accounting software provider LeaseQuery.

• Elliott Management held onto its spot as the busiest activist, having launched 17 campaigns last year after 11 in 2019.

• Goldman Sachs estimated that with the Biden plan, "households will represent the largest source of demand for US stocks in 2021."

A pause in the US dollar’s steep downtrend shows signs of morphing into a more robust rebound, posing a threat to...

• The deal, subject to customary regulatory approvals and closing conditions, is expected to close by the end this year, McAfee said.
• Its enterprise business recorded $1.3 billion in net revenue in fiscal year 2020, McAfee said.

• Sago, a Goldman Sachs alumnus and former chief investment officer of Japan Post Bank Co where he was one of "Seven Samurai" who engineered a more aggressive investing approach, took the newly created strategy job at SoftBank in 2018.
• Sago "played a crucial part in expanding SBG's potential as an investment company," Son said in a statement, which did not provide a reason for the departure.

• Seymour's exit follows the departure of Goldman partner Omer Ismail, who had been heading the Marcus consumer banking unit.

• Low temperatures and power outages should fuel heating demand for LPG by 80,000 bpd and for diesel powered generators by 200,000 bpd, however, it said.

*Goldman's robo-adviser will allocate and rebalance customers' wealth based on models developed by the bank's investment-strategy group, which has traditionally catered to institutions and the ultra-rich. * Marcus Invest offers individual and joint investment accounts, as well as three types of individual retirement accounts, the bank said.

• The low-cost platform, Marcus Invest, will allocate wealth based on models developed by the bank's investment-strategy group.
• Solomon was one of the people who beta-tested the new investment app, according to a Wall Street Journal report on Tuesday.

• Mohammed Zina was employed by Goldman Sachs International as an analyst in the Conflicts Resolution Group in their London office. Suhail Zina was a solicitor at Clifford Chance, also in London.
• Goldman Sachs said the protection of confidential client information is of paramount importance for the bank, and it has worked very closely with the FCA.

• The transaction will be launched in the near future subject to market conditions.
• The Treasury has appointed Citigroup, Deutsche Bank , Goldman Sachs, Monte dei Paschi di Siena Capital Services and Nomura to work on the deal.