Gas is part of the solution in the planet’s energy transition, Goldman Sachs strategist says

Gas has an important role to play in the global energy transition, according to the head of EMEA natural resources research at Goldman Sachs. Speaking to CNBC Friday, Michele Della Vigna said that, in his personal view, gas was “part of the end solution.” According to the International Energy Agency, natural gas supplies 22% of … Read more

Goldman hedge fund folding London operations, shifting staff to US: sources

Goldman Sachs (Reuters File Photo) Goldman Sachs Investment Partners (GSIP), which opened in 2008 with one of the biggest launches in hedge fund history, is folding its London operations into the United States and shifting staff members to New York, four sources told Reuters. About eight staff members who made up the London team were … Read more

Goldman Sachs files $1 billion countersuit against Indonesian businessman

Adam Jeffery | CNBC Goldman Sachs filed a $1 billion counter lawsuit on Tuesday against an Indonesian businessman who is seeking damages from the U.S. bank for conducting what he called “unlawful” trades in the shares of a property firm. Benny Tjokrosaputro, president director of Indonesian property developer PT Hanson International, filed a lawsuit in … Read more

Goldman Sachs earnings: $5.08 a share vs. $4.82 estimate

Cramer: Tug of war for financial stocks based on interest rates  3 Hours Ago | 05:11 Goldman Sachs posted earnings Wednesday that easily topped market expectations on both the top and bottom lines. Shares were volatile on the news, with early losses erased as the stock moved slightly higher in premarket trading. The Wall Street giant … Read more

At Goldman, top departure opens a door for the next generation

Drew Angerer | Getty Images Gary Cohn, president of Goldman Sachs and President-elect Donald Trump’s choice for director of National Economic Council, arrives at Trump Tower, December 14, 2016, in New York City. Goldman Sachs promoted a new generation of leaders on Wednesday, as Gary D. Cohn, its longtime No. 2 executive, leaves the Wall … Read more

Goldman,Sachs,dips,toe,into,customer,banking

Goldman Sachs, recognized for financing mega-deals and servicing the extremely–rich, is now open to the general public. And its hobby inside the average American seems to be mutual as thousands of clientshave flocked to its new retail banking carrier. The corporation offered GE Capital bank‘s on line deposit platform in a deal that closed in … Read more