Goldman Sachs Group

Broker's Calls

HSBC sees ‘unattractive’ risk reward for Goldman Sachs, Morgan Stanley

Morgan Stanley and Goldman Sachs are both up 13% and 14% respectively since Nov 6, when the KBW Bank Index surged almost 10% in the day after the election.

Banking & finance

Morgan Stanley joins US peers in putting Mideast HQ in Riyadh

Morgan Stanley got regulatory approval to locate its Middle East headquarters in Saudi Arabia, joining Wall Street rivals including Citigroup and Goldman Sachs Group.

Global Economy

Goldman cuts Australia economic outlook on Trump tariff impact

Australia’s growth has slowed to a crawl this year as elevated interest rates — currently at a 13-year high of 4.35% — have hurt consumer spending.
Citadel’s Ken Griffin expects Trump to win close US Election - THE EDGE SINGAPORE

US Presidential Race

Citadel’s Ken Griffin expects Trump to win close US election

Griffin believes Trump to be in favour for a win, but at 'almost a coin toss'.

Broker's Calls

Goldman Sachs upgrades China growth forecasts on latest stimulus

The bank expects China’s gross domestic product to expand 4.9% this year, up from 4.7% previously. It also lifted its growth prediction for next year to 4.7% from 4.3%, according to an Oct 13 report.

Banking & finance

DBS said to tap Goldman Sachs to help find insurance partner in India, Taiwan

DBS has a bancassurance partnership with Manulife Financial for markets including China, Hong Kong, Indonesia and Singapore.
Apple, Goldman Sachs debut savings account with 4.15% annual yield - THE EDGE SINGAPORE

US Economy

Apple, Goldman Sachs debut savings account with 4.15% annual yield

The maximum balance for the account is US$250,000.

Global Markets

Goldman sees China stock, yuan gains extending on policy shifts

Goldman Sachs Group Inc. said Chinese stocks may rally another 15%, while the yuan is seen hitting levels last seen in April.
Briefs: IMF curbs Afghanistan’s funding access; world’s leading wealth fund makes US$110 bil as stocks soar - THE EDGE SINGAPORE

Global Economy

Briefs: IMF curbs Afghanistan's funding access; world's leading wealth fund makes US$110 bil as stocks soar

The new government in Afghanistan is cut off from using fund reserve assets days before the nation was set to receive almost US$50
Crypto firms fight for top talent with hundreds of openings - THE EDGE SINGAPORE

In Focus

Crypto firms fight for top talent with hundreds of openings

Despite a rout in May, cryptocurrencies’ total market value is up 400% over the past year to about US$1.4 trillion.
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