Goldman Sachs

JPMorgan Chase has relaxed its approach to lending money against shares held by early investors and employees in companies that have recently gone public. The banking giant is hoping to win new clients from high-profile tech firms such as SpaceX and Anthropic. The firm typically did not accept share

US asset management giant AllianceBernstein reveals ambition to grow its foothold in the UK retail business over the next five years. The firm with more than £666bn of assets under management worldwide is doubling down on its ambition to increase its UK retail business assets. Its UK retail bu

Standard Life has launched a strategic pension risk transfer (PRT) partnership to target the large UK defined benefit schemes, backed by up to £2bn in capital commitments over the next five years. The transaction is structured with a consortium led by private equity firm CVC Capital Partners a

Barclays has hired one of Bank of America's most senior bankers as part of a shake-up of its investment bank team to compete with larger Wall Street rivals. The UK lender has hired Mike Joo to serve as co-chief executive at its investment bank, while Adeel Khan will be promoted to co-chief executive

Andy Burnham has suffered a major blow after economic heavyweights who were advising him ahead of the Makerfield by-election decided against joining his government following disagreements over potential wealth taxes. Former Goldman Sachs executive Lord Jim O'Neill was reported to have been in discus

Goldman Sachs has predicted the Bank of England will defy market expectations by cutting interest rates next week. In a note to clients, the investment bank said it had reassessed its position after recent data provided a "convincing case" for a reduction. Analysts argue that a combination of fading

As the fierce competition for emerging talent in the financial sector has intensifies, Goldman Sachs has reportedly implemented a new policy requiring its junior investment banking analysts to affirm their commitment to the firm every quarter. The strategy follows a similar robust stance from JPMorg

AAB has announced that Goldman Sachs Alternatives has agreed to acquire the firm from private equity investor August Equity, pending regulatory approval. The transition marks a significant milestone for AAB, reinforcing the firm’s trajectory of sustained growth while ensuring continuity for cl

The UK economy has taken a significant hit since leaving the European Union, according to a report by Goldman Sachs.

New research predicts that the economy will go into recession before the end of the year, lasting until 2024, and that inflation could double, reaching a peak of 22.4% early next year. The research from American investment bank, Goldman Sachs, has projected higher inflation levels than Citi bank's f

TopHat, a construction company backed by the American investment bank Goldman Sachs, has announced its intention to deliver Europe’s largest modular homes facility in the UK.

US investment bank Goldman Sachs has revealed that its senior staff will be allowed to take as much holiday as they want. Under the bank's new "flexible vacation" plans, there will be no limit on paid leave.

Oil prices have risen above $80 a barrel for the first time in three years as renewed demand led to concerns of a supply shortage. Brent crude, the global benchmark price, rose for a sixth day to reach $80.04, signalling its highest price since October 2018.

Goldman Sachs is continuing its diversification process beyond investment banking with the addition of Transaction Banking (TxB) in the UK.  The move is the bank's first international expansion of a division that it added in the United States in 2020.

A senior manager at Goldman Sachs in London has quit the US investment bank after making millions from investing in Dogecoin.