Goldman readies hiring spree and capital to meet China ambitions
The news swept through Goldman's offices around China, changing everything. On a Friday afternoon in late 2017, an official in Beijing announced that the world's most populous nation would let Wall Street banks expand across its markets. Goldman had spent more than a decade waiting ...
Apple under fire for new credit card's apparent unequal treatment of women
Apple Inc. pitches its new card as a model of simplicity and transparency, upending everything consumers think about credit cards. But for the card's overseers at Goldman Sachs Group Inc., it is creating the same headaches that have bedeviled an industry the companies had hoped ...
Some banks dealing with Saudi Aramco IPO say company may be worth $1.5 trillion or even less
Saudi Aramco may be worth as little as $1.5 trillion or even less, well below the target set by the kingdom, according to research sent Sunday to potential investors by the banks involved in the company's initial public offering. The research, according to multiple investors ...
Malaysia privately discusses Goldman Sachs penalty of $2 billion over 1MDB scandal
Again and again, Malaysia has publicly demanded Goldman Sachs pay an eye-popping $7.5 billion for its role in the 1MDB scandal. But privately, Malaysian negotiators are considering settling for a fraction of that. Representatives for Malaysia have discussed figures of around $2 billion to $3 ...
Japan's Cabinet approves tougher rules on foreigners owning stocks tied to national security
According to the legislation, foreign investors will have to give advance notice when buying stakes of over 1 percent in national security-related companies, rather than 10 percent.
Goldman blasts Japan plan for rules on foreign stock investments
A plan by the government to impose stricter rules on foreign investment in local equities will be "detrimental" to the market, impede the ability to raise funds and undermine seven years of market reforms, according to Goldman Sachs Group Inc. The Finance Ministry last week ...
Working women are playing a bigger role in Japan than Goldman Sachs Group Inc.'s Kathy Matsui thought possible when she penned her first report on womenomics in 1999. Yet the country needs to pick up the pace of change or risk being overtaken by ...
Goldman sees a bargain in resilient Japanese cram school with focus on private tuition
Noriko Mori, 47, paid about ¥700,000 ($6,300) to a cram school to help her daughter prepare for a school entrance exam in Tokyo. Her daughter was six, and the entrance exam was for an elementary school. "It was expensive," Mori said. But "she passed the ...
Rock, investment, paper: Goldman Sachs to buy stake in startup making paper from limestone
Goldman Sachs Group Inc. is buying a stake in TBM Co., a startup that has become known for its technology that turns limestone into paper. The two parties confirmed the deal on Thursday. TBM, which makes business cards, posters, catalogs and stickers from limestone, is ...
Goldman Sachs to failed manga artist to startup queen: Akiko Naka's unique path to success
By the age of 34, Akiko Naka has already experienced more career-wise than most people do in a lifetime. She started by getting hired by Goldman Sachs Group Inc., where she worked as an equity saleswoman. When she left that job, she tried to make ...
Goldman sees yuan gaining in reserves at expense of dollar and yen
China's currency is set to take an increasing share of world foreign-exchange reserves, with the dollar and yen having to make the most room proportionally for the newcomer on the block, according to Goldman Sachs Group Inc. An acceleration in foreign inflows into Chinese fixed ...
