Goldman Sachs CEO David Solomon, who is a dance party DJ by the stage name DJ D-Sol, was the opening act for an electronic dance party in the Hamptons that is under investigation for allegedly attracting thousands of attendees who may have violated New York’s social distancing requirements. A spokesman …
Read More »Currency Degradation to Boost Gold Price to $ 2,300 in 12 Months – Goldman Sachs
Editor’s Note: Let yourself be caught in minutes with our quick roundup of today’s must-read news and expert insights that moved precious metals and financial markets. Sign up here! (Kitco News) – Fear of rising inflation, rising public debt, and concern that the US dollar is embarking on a new …
Read More »Goldman renews employee reviews, opening door to more job cuts
Goldman Sachs is adopting a performance review system that will rate up to 10 percent of its 39,000 employees as underperforming this year, according to an internal memo sent Monday, which could lead to more job cuts in 2021 than the bank has recently made. years. Wall Street Bank’s new …
Read More »Goldman to pay Malaysia $ 3.9 billion for 1MBD scandal, closure of US deal
KUALA LUMPUR / NEW YORK (Reuters) – Goldman Sachs will pay $ 3.9 billion to resolve Malaysia’s criminal investigation into the role of the US investment bank in the 1MDB multi-million dollar scandal, closing a key front in the multi-jurisdictional investigation that has been over Goldman. Shares of Goldman Sachs …
Read More »Goldman sees 28% upside potential on Amazon and ties to high street price target in ‘Accelerating Ecommerce Growth’ (AMZN)
According to Goldman Sachs, “accelerating the growth of e-commerce” will propel Amazon to new all-time highs. Goldman and Jefferies on Monday assigned a high street price target on Amazon of $ 3,800, representing upside potential of 28% since Friday’s close. The update occurs when consumers have relied heavily on e-commerce …
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