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The Latest Breaking News from Goldman Sachs

Goldman Sachs CEO David Solomon tells partners he regrets not firing employees sooner after laying off 3,200 last month: FT

Solomon told partners layoffs and cost-cutting would've been less severe had he acted much sooner than “David’s Demolition Day."

Fortune

Who is Richard Sharp? BBC chairman who ‘helped Boris Johnson secure £800,000 loan’

Former banker worked for more than 30 years in the financial sector, including a 23-year stint at investment giant Goldman Sachs

The Independent UK

Who is under-fire BBC chairman Richard Sharp?

Richard Sharp’s career has put him at the heart of the financial, political and media worlds.

The Independent UK

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George Santos calls himself ‘simple minded’ and claims support from Kyrsten Sinema. She denies it

In an interview about his deceptions, the Republican congressman also claimed he spoke with the Arizona senator. Her office called that another lie

The Independent UK

New Carlyle Group CEO Harvey Schwartz hates office politics, has a black belt in karate, and his pay package is inextricably linked to one metric

Schwartz honed his skills at Goldman and is taking over one of the most powerful and closely watched jobs on Wall Street.

Fortune

How the rich skirt century-old tax law

Goldman Sachs has helped billionaires see huge tax savings by selling stocks for a loss and then replacing them

Salon

Man Utd takeover: Sir Jim Ratcliffe hires banking giants in bid to pip Qatari investors

Sir Jim Ratcliffe launched his Manchester United takeover bid in January but will face competition to succeed the Glazer family from a group of Qatari investors

Daily Mirror

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The blowout jobs report could have just changed the whole year for markets, according to Goldman’s chief economist

Robust job growth is great news for the economy, but really changes the Fed’s plans.

Fortune

Goldman Sachs makes a bold housing market call

U.S. home prices might be nearing the bottom, says Goldman Sachs.

Fortune

It's nothing personal: On Wall Street, layoffs are a way of life

Big companies such as Amazon and Google have recently announced layoffs. On Wall Street, getting cut is always acknowledged as an ever-lurking prospect — but it still stings when it happens.

WEKU

Slowing economic growth and a FTSE record high can coexist – here’s how

The blue-chip Footsie has closed at an all-time high while the UK’s economy is set to shrink

The Guardian - UK

Why Goldman Sachs thinks both Europe and the U.S. will avoid a recession this year

It's down to sweaters, small businesses, and Russian oil.

Fortune

Eagles hire Andrew Berry’s twin brother away from Goldman Sachs

The Eagles have hired the twin brother of Andrew Berry, Adam Berry.

USA Today Sports Media Group

England’s old boys’ club has evolved into ‘the network’, made up of high rollers and City slickers

Powerbrokering has shifted from landed gentry to financiers and businessmen, says Guardian columnist Nesrine Malik

The Guardian - UK

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Daily Mirror

Rishi Sunak accused of 'boys club' cronyism amid Boris Johnson loan row

BBC Chairman Richard Sharp, whose appointment is under investigation after it was claimed he helped Boris Johnson get an £800,000 line of credit, was Rishi Sunak's boss at Goldman Sachs, before being brought in to advise Rishi Sunak during Covid

Fortune

National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed

Fortune tracked down the latest home price forecasts from 29 of the nation's leading housing researchers.

The Guardian - UK

Goldman Sachs boss takes 30% pay cut to $25m amid turbulent year

David Solomon’s pay was $25m for 2022, down from $35m in 2021, as investment bank’s profits fall 50% and 3,200 staff laid off

The Independent UK

Goldman Sachs signals partial retreat from consumer banking

Goldman Sach spent eight years attempting to expand its business beyond corporations and the wealthy

Get all your
news in one place.

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The Independent UK

Who is Richard Sharp? BBC chairman who ‘helped Boris Johnson secure £800,000 loan’

Former banker worked for more than 30 years in the financial sector, including a 23-year stint at investment giant Goldman Sachs

Fortune

The housing market recession could be bottoming out. What does it mean for home prices?

To better understand what's going on in the U.S. housing market, Fortune reached out to Zonda chief economist Ali Wolf.

The Independent UK

Four cities identified by Goldman Sachs to be on track for record home price drop

‘Many cheaper markets saw astonishing appreciation due to the higher salaries tech workers brought with them’

The Guardian - UK

Riverstone’s Penny Hughes: from boardrooms to high-end apartments

The retirement property developer’s chair swapped the corporate treadmill for years in non-executive roles – which is, she says, ‘real work’ and no longer a matter of who you know

Daily Mirror

The 'rich pals club' where money, power and connections are linked to Tory scandals

The cast list is small but it involves three Prime Ministers, the party’s chairman and two multi-millionaires

The Independent UK

Who is Richard Sharp? BBC chairman who ‘helped Boris Johnson secure £800,000 loan’

Former banker worked for more than 30 years in the financial sector, including a 23-year stint at investment giant Goldman Sachs

InsideEVs

Tesla Stock May Benefit From Fed's "Soft Landing," Says Goldman Sachs

As the Federal Reserve hopes to engineer a "soft landing," steering the economy clear of recession while maintaining inflation, Tesla could benefit greatly.

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