Goldman Sachs

In print this week

Former banker founded Charismatic Capital to offer stock loan financing to underserved companies

SINGAPORE (June 12): Stock loans are nothing new. This form of financing requires borrowers to put up shares as collateral in exchange for a loan.

Gold

Virus alarm drives rotation into gold with record ETF flows

SINGAPORE (Feb 26): Global investors are stashing more and more assets into gold as the coronavirus outbreak spreads and appetite for risk takes a hit.

Banking & finance

Goldman Sachs loses US$10 bil wealth teams to rival banks

(Feb 18): Goldman Sachs Group Inc. planned a hiring spree to ramp up the fees it gets from advising the wealthy. It got a reminder this week that it’s not alone.

1MDB Watch

Goldman officers may see trial as Malaysia pursues 1MDB case

KUALA LUMPUR (Dec 22): Malaysia’s top prosecutor said he’s ready to ratchet up a criminal case against Goldman Sachs Group Inc. for its role in the 1MDB affair by bringing executives of the U.S.

1MDB Watch

Goldman Sachs 1MDB case moved to higher court in Malaysia

KUALA LUMPUR (Dec 16): Two Goldman Sachs Group Inc. units facing criminal charges for their alleged role in the 1MDB scandal had their cases moved to a higher court in Malaysia.

Global Markets

Briefs

SINGAPORE (Oct 28): “Closing the gaps requires both jobseekers and employers to be more open and flexible.”Singapore’s Manpower Minister Josephine Teo, on t

1MDB Watch

Malaysia could settle for fraction of US$7.5 bil demanded from Goldman Sachs for role in 1MDB, sources say

(Oct 23): Again and again, Malaysia has publicly demanded Goldman Sachs pay an eye-popping US$7.5 billion ($10.2 billion) for its role in the 1MDB scandal.

Hong Kong protests

Hong Kong unrest driving billions of dollars to Singapore: Goldman Sachs

(Oct 3): The potential benefit to Singapore from the turmoil in Hong Kong: US$4 billion ($5.5 billion).

Capital markets

Goldman gives new reason IPOs may suffer: Multi-class shares

(Oct 1): Initial public offerings haven’t been doing so well lately. Goldman Sachs Group Inc. says many of them might suffer longer-term headwinds as well.

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