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29 Apr 2019, 12:55 pm by ccollins
The Puerto Rico Government Employees and Judiciary Retirement Systems Administration, a pension plan for retirees of the U.S. territory’s government, has filed a proposed securities class action in federal court against Bank of America (BAC), Goldman Sachs (GS), Citigroup (C), Barclays Capital, Inc. [read post]
26 Apr 2019, 3:00 am by John Jenkins
This excerpt from a recent Bloomberg article on the effects of a ban on corporate buybacks just blew me away: With political scrutiny of stock buybacks growing, Goldman Sachs started assessing an extreme scenario: “a world without buybacks. [read post]
25 Apr 2019, 12:02 pm by Silver Law Group
According to FINRA Disciplinary actions for April 2019, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules: NAME FORMER EMPLOYERS   Austin, Phillip   JP Morgan Securities   Chase Investment Services   Bishop, Tywan   Charles Schwab & Co   E Trade Securities    Delaney, Glen… [read post]
19 Apr 2019, 7:22 am by skelly
[EIOPA] Unqork, InsurTech startup founded in April 2017, raises $22,000,000 in a Series A round led by Goldman Sachs Principal Strategic Investments (PSI). [read post]
10 Apr 2019, 3:00 am by Liz Dunshee
Hopefully, starting with change at the beginning of the recruitment process will result in real change – but the proof is in the pudding… This WaPo article reports on Goldman Sachs’ efforts to improve gender diversity for both entry level & senior employee positions, which came about because the bank wants to improve its gender pay ratio (which is required to be reported in Britain). [read post]
26 Mar 2019, 1:20 pm by zamansky
After months of negotiation, titans including Goldman Sachs, JPMorgan Chase, Apollo Global Management and Ares Capital have agreed to a plan that’s intended to ensure that the manufactured defaults are tied to “legitimate financial stress, not traders’ derivative bets,” according to Bloomberg. [read post]
26 Mar 2019, 1:05 pm by Heather Cobun
District Court for the Southern District of New York, alleges Bank of America, Barclays, BMO, Citi, Fifth Third, Goldman Sachs, ... [read post]
11 Mar 2019, 3:00 am by Doug Cornelius
Golumbic, a Participating Managing Director and the global head of Financial Crime Compliance for the Goldman Sachs Group, Inc. put it this way: “Regardless of the cause, the resulting ‘chilling effect’ on financial sector compliance officers should raise an alarm. [read post]
5 Mar 2019, 10:40 am by Gene Takagi
My guess is that this statement is mostly directed at the DAF sponsoring organizations created by, and affiliated with, large financial institutions like Fidelity, Goldman Sachs, Vanguard, and Schwab. [read post]
27 Feb 2019, 7:40 am by ccollins
., FTN Financial Securities, Goldman Sachs (GS), and First Tennessee Bank. [read post]
27 Feb 2019, 7:15 am by Chris Castle
The IPO will be led by investment bank Goldman Sachs, said the sources, who asked not to be named because the matter is confidential. [read post]
21 Feb 2019, 2:04 pm by ccollins
The city of Philadelphia, Pennsylvania is suing Bank of America (BAC), Goldman Sachs (GS), Citigroup (C), Wells Fargo & Co. [read post]
21 Feb 2019, 11:44 am by Brianna Bell
The city of Philadelphia filed a lawsuit Wednesday accusing Bank of America Corp, Barclays Plc, Citigroup Inc, Goldman Sachs Group Inc, JPMorgan Chase & Co, Royal Bank of Canada and Wells Fargo & Co of defrauding the city and public entities out of millions of dollars. [read post]
Feinberg began his career as equity research analyst for Goldman Sachs and later Morgan Stanley, where he first covered legacy PEOs. [read post]
5 Feb 2019, 2:59 am by Liz Dunshee
Here’s something I blogged yesterday on CompensationStandards.com: After market close on Friday, Goldman Sachs announced via an Item 8.01 8-K that in light of the ongoing 1MDB investigation, its compensation committee might reduce bonuses to current – and former – senior executives. [read post]
30 Jan 2019, 1:03 pm by Silver Law Group
According to FINRA Disciplinary actions for January 2019, the following individuals were suspended from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules: NAME FORMER EMPLOYERS   Alfaro, Jennifer   JP Morgan Securities LLC   JP Morgan Chase Bank   Austin, Aaron   LPL Financial LLC   M&T Securities, Inc   Austin, Phillip   JP… [read post]