Trends - Goldman Sachs Group - Business Recorder

Goldman Sachs Group

Goldman Sachs appoints Luke Sarsfield as co-head of asset management unit

Goldman Sachs Group Inc said it has appointed Luke Sarsfield as the global co-head of its $2.47 trillion...

Published 24 Jan, 2022 07:37pm

Business & Finance

Goldman Sachs thrives on global dealmaking frenzy to post bumper profit

Net earnings applicable to common shareholders rose to $5.28 billion in the quarter ended Sept. 30

Updated 15 Oct, 2021 06:16pm

Markets

Goldman Sachs to mandate COVID vaccine for staff, visitors at US offices

A Goldman Sachs spokesperson confirmed the contents of the memo

Published 25 Aug, 2021 10:24am

Markets

Goldman Sachs to raise pay for junior investment bankers

Citi Group, Morgan Stanley, UBS Group AG and Deutsche Bank AG have already increased pay for their first-year analysts to around $100,000, a raise of about $15,000

Updated 02 Aug, 2021 10:54am

Business & Finance

Goldman shareholders nearly approve proposal requiring mandatory arbitration report

While it did not pass, roughly 49% of Goldman shares voted in support of a proposal submitted by the Nathan Cummings Foundation to require the bank to conduct a report on the issue, according to a preliminary tally of the votes at the bank's annual meeting on Thursday.
The proposal would have examined how the bank's use of mandatory arbitration in employee complaint cases may "allow harassment and discrimination to go unseen," according to the foundation's statement.

Published 29 Apr, 2021 07:47pm

Business & Finance

Goldman Sachs communications head Jake Siewert to leave

Siewert, a veteran of the Clinton and Obama administrations, joined the Wall Street bank in 2012. Before that, he was a top aide to former Treasury Secretary Timothy Geithner.
Siewert led Goldman's makeover efforts after the 2008 global financial crisis and was also involved in the launch of Marcus, its online retail banking division, the report said.

Published 16 Apr, 2021 05:31pm

Business & Finance

Goldman profit smashes expectations on booming investment banking

Overall investment banking revenue rose 73% to $3.77 billion, its highest since 2010, while equities trading surged 68% as a jump in trading by ordinary investors fed stock market volatility.
Global investment banking fee hit an all-time record of $39.4 billion during the March quarter, according to Refinitiv data.

Published 14 Apr, 2021 05:11pm

Business & Finance

Citi hires Goldman’s chief diversity officer

NEW YORK: Citi Group has hired Erika Irish Brown from rival Goldman Sachs Group Inc to lead its global diversity...

Published 27 Mar, 2021 05:41am

Business & Finance

Citi hires Goldman's chief diversity officer

Brown joins Citi as its chief diversity, equity and inclusion officer from Goldman Sachs, where she had led that bank's diversity and inclusion efforts since mid-2018. Brown previously worked at Bloomberg in the same role.
Goldman named Megan Hogan to replace Brown, according to a memo sent to staff and seen by Reuters.

Published 26 Mar, 2021 08:12pm

Business & Finance

ABB prepares turbocharging unit for sale or spin-off, picks banks

Chief Executive Bjorn Rosengren said last month that ABB would exit the business towards the end of 2021, adding that the business generates around 75% of its sales form services, which made it very resilient.
People familiar with the matter have said that the turbocharger business could raise fetch a price tag of $1.5 to $2 billion.

Published 17 Mar, 2021 06:06pm

Business & Finance

Goldman Sachs profit more than doubles on underwriting, trading boost

Revenue from global markets, which houses the bank's flagship trading business, registered its best annual performance in a decade.
Total revenue climbed 18% to $11.74 billion. The bank's net earnings applicable to common shareholders rose to $4.36 billion.

Published 19 Jan, 2021 07:32pm

Gainers
Losers
Leaders

Stock	Price
Unicap Modaraba / Aug 18 Unicap Modaraba(UCAPM)	3.70 ▲ 0.98 (36.03%)
PICIC Ins.Ltd. / Aug 18 PICIC Insurance Limited(PIL)	1.10 ▲ 0.11 (11.11%)
KASB Modaraba / Aug 18 KASB Modaraba(KASBM)	1.93 ▲ 0.16 (9.04%)
WorldCall Telecom / Aug 18 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.08 (6.15%)
D.S. Ind. Ltd. / Aug 18 D.S. Industries Limited(DSIL)	3.84 ▲ 0.18 (4.92%)
AKD Securities / Aug 18 AKD Securities Limited(AKDSL)	29.45 ▲ 1.35 (4.80%)
P.I.A.C.(A) / Aug 18 Pakistan International Airlines Corp(PIAA)	5.42 ▲ 0.24 (4.63%)
Pak Refinery / Aug 18 Pakistan Refinery Limited(PRL)	19.86 ▲ 0.87 (4.58%)
Attock Refinery / Aug 18 Attock Refinery Limited(ATRL)	166.50 ▲ 7.26 (4.56%)
Cnergyico PK / Aug 18 Cnergyico PK Limited(CNERGY)	5.88 ▲ 0.21 (3.70%)

Stock	Price
Universal Ins. / Aug 18 The Universal Insurance Company Limited(UVIC)	4.11 ▲ -0.84 (-16.97%)
Hascol Petrol / Aug 18 Hascol Petroleum Limited(HASCOL)	6.31 ▲ -0.36 (-5.40%)
Waves Home Appliances / Aug 18 Waves Home Appliances Limited(WHALE)	13.25 ▲ -0.74 (-5.29%)
Waves Singer / Aug 18 Waves Singer Pakistan Limited(WAVES)	13.36 ▲ -0.74 (-5.25%)
National Bank / Aug 18 National Bank of Pakistan(NBP)	30.20 ▲ -0.76 (-2.45%)
Nishat ChunPow / Aug 18 Nishat Chunian Power Limited(NCPL)	26.31 ▲ -0.61 (-2.27%)
Pakgen Power / Aug 18 Pakgen Power Limited(PKGP)	21.20 ▲ -0.44 (-2.03%)
Shell Pakistan / Aug 18 Shell Pakistan Limited(SHEL)	121.00 ▲ -2.26 (-1.83%)
Sakrand Sugar / Aug 18 Sakrand Sugar Mills Limited(SKRS)	9.11 ▲ -0.11 (-1.19%)
Ask.Gen.Insur. / Aug 18 Askari General Insurance Company Limited(AGIC)	16.80 ▲ -0.20 (-1.18%)

Stock	Volume
Cnergyico PK / Aug 18 Cnergyico PK Limited(CNERGY)	11,213,046 ▼ 0.00
Pak Refinery / Aug 18 Pakistan Refinery Limited(PRL)	5,521,060 ▼ 0.00
P.I.A.C.(A) / Aug 18 Pakistan International Airlines Corp(PIAA)	3,103,500 ▼ 0.00
Waves Singer / Aug 18 Waves Singer Pakistan Limited(WAVES)	2,382,500 ▼ 0.00
WorldCall Telecom / Aug 18 Worldcall Telecom Limited(WTL)	2,289,000 ▼ 0.00
Attock Refinery / Aug 18 Attock Refinery Limited(ATRL)	1,350,647 ▼ 0.00
Hascol Petrol / Aug 18 Hascol Petroleum Limited(HASCOL)	777,500 ▼ 0.00
Flying Cement / Aug 18 Flying Cement Company Limited(FLYNG)	669,500 ▼ 0.00
K-Electric Ltd. / Aug 18 K-Electric Limited(KEL)	668,500 ▼ 0.00
Telecard Limited / Aug 18 Telecard Limited(TELE)	440,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 17	215.90
USD PKR Interbank Buying / Aug 17	214.90
USD to Japanese Yen / Aug 17	134.93
USD to Swiss Franc / Aug 17	0.95
Pound Sterling to USD / Aug 17	1.21
Euro to USD / Aug 17	1.02
UK LIBOR % / Aug 17	2.32

Stock	Volume
S&P 500 / Aug 17	4274.04
India Sensex / Aug 17	60260.13
Tokyo Nikkei / Aug 17	28956.39
Nasdaq / Aug 17	12938.12
Hang Seng / Aug 17	19991.94
FTSE 100 / Aug 17	7515.75
Dow Jones / Aug 17	33980.32
Germany DAX 30 / Aug 17	13626.71
France CAC40 / Aug 17	6528.32

Item	Value
Crude Oil USD/Barrel / Aug 17	87.95
Karachi Cotton PKR/37.32 KG / Aug 17	19735.00
Gold 10 Grams PKR / Aug 17	121900.00
Gold Spot USD/Ounce / Aug 17	1766.43
Cotton US¢/pound / Aug 17	114.60