US investment bank Goldman Sachs has reached a $ 3.9 billion settlement with the Malaysian government over the multi-million dollar 1MDB scandal, both sides said on Friday. The deal includes a $ 2.5 billion cash payment by Goldman and a bank guarantee to return at least $ 1.4 billion in …
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James Gorman, President and CEO of Morgan Stanley, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland, on January 22, 2020. Adam Galici | fake pictures Morgan Stanley released second-quarter results on Thursday that beat analyst estimates of stronger business revenue than expected. The bank …
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Bank of America released second-quarter earnings on Thursday that were bolstered by stronger-than-expected bond trading and investment banking revenues. The bank said it generated earnings of $ 3.5 billion, or 37 cents a share, exceeding the 27 cents a share expected by analysts polled by Refinitiv. However, revenue of $ …
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David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, on January 23, 2020. Adam Galacia | CNBC Goldman Sachs reported windfall earnings for the second quarter as the company’s focus on trade and investment banking paid off during the market turmoil caused by the coronavirus …
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Masayoshi Son, President and CEO of SoftBank Group Corp., gestures while speaking during a press conference in London on Monday July 18, 2016. Chris Ratcliffe | Bloomberg | fake pictures SoftBank hired Goldman Sachs to explore both an initial public offering and a sale of British chip designer Arm Holdings, …
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