8:28 a.m. | Updated Goldman Sachs, struggling with a weak trading environment, reported declines on Tuesday in most of its major business units for the third quarter. Revenue in its stock and bond divisions fell sharply from the period a year earlier. But the performance of its investment bank, which makes fees from arranging mergers [...]
Shanghai Pharmaceuticals, the Chinese partner of Roche Holding, has hired China International Capital, Credit Suisse, Deutsche Bank and Goldman Sachs to handle its initial public offering in Hong Kong, which could raise as much as $1.5 billion, Reuters reported, citing people with knowledge of the plan. Shanghai Pharmaceuticals, which is already listed in Shanghai, said [...]
Yahoo, which is reportedly the target – or not – of a potential takeover by AOL and private-equity firms, has been holding meetings with its bankers to prepare itself in the event it receives an offer, people close to the company said. And who are its bankers? Well, Goldman Sachs. That would be the same [...]
J.C. Penney has hired Goldman Sachs as an adviser as the retailer braces for a possible battle from the hedge fund manager William A. Ackman, Women’s Wear Daily reports. In selecting Goldman, J.C. Penney is following the approach taken by rival Target, which also used the firm to help devise its successful defense against Mr. [...]
The Decathlon.org Justin Nunez of Goldman Sachs, who won third place in the Decathlon. People in finance are usually more accustomed to competing for corporate clients and underwriting contracts. But this time, they fought it out for the title of Wall Street’s best athlete. More than 25 representatives of financial firms gathered at the Mitchel [...]
Sidney J. Weinberg Jr., a senior director of Goldman Sachs and a member of the family dynasty that had played a central role at the investment banking firm since 1907, died Monday at his home in Marion, Mass. Mr. Weinberg, who was also a significant philanthropist, was 87, The New York Times’s Dennis Hevesi reports. [...]
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