Goldman Sachs Group Inc.

Banking & finance

Apple’s Goldman Sachs-backed savings account tops US$10 bil in deposits

The announcement follows a report in June that Goldman Sachs is considering exiting the Apple partnership.

IPO

Goldman says IPO bust looks like it's ready to boom once again

While many on Wall Street expect IPO activity to eventually pick up, when exactly remains a point of debate.

1MDB Watch

Goldman's Asian unit fined US$350 mil by Hong Kong over 1MDB scandal

In all, Goldman Sachs may pay roughly US$5 billion once accords are tallied.

Sustainability

Australia’s mock-meat manufacturer raises $74.1 mil from Temasek, Goldman Sachs

The deal will help the maker of plant-based meat alternatives forge a presence in Asia.

Singapore economy

Goldman joins JPMorgan in building forex trading hub in Singapore

Singapore’s currency market saw average trading volumes of US$633 billion a day in April 2019, higher than Hong Kong and Japan.

US Economy

JP Morgan trims US growth forecast on failure to seal fiscal stimulus deal

JPMorgan now sees 2.5% annualised economic growth in the fourth quarter of 2020, down from 3.5% in an earlier estimate.

Global Markets

Goldman Sachs raises target for MSCI AC Asia ex-Japan stocks target, predicts 'bumpy' path

Stocks in Asia outside Japan look set to extend their rebound from the depths of the coronavirus-fueled selloff as earnings rise and the dollar weakens in the year ahead, according to Goldman Sachs Group Inc.

Global Markets

Fed likely to raise interest rates 4 times in 2018 as US growth gains: Goldman Sachs

(Nov 20): The US economy is heading into 2018 with strong momentum that’s likely to boost wages and inflation more broadly, requiring the Federal Reserve to raise interest rates four times next year, Goldman Sachs Group economists said in a research not

IPO

Ancestry is said to be close to hiring banks for 2017 IPO

(July 21): Genealogy website Ancestry.com is close to hiring banks to lead an initial public offering of the company this year, people with knowledge of the matter said.

Chevron House put on sale by Deka of Germany

SINGAPORE (July 2): Deka Immobilien GmbH, a unit of Germany’s DekaBank Group, is putting up an office building for sale in Singapore’s central business district, according to a person familiar with the matter.
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