A former Goldman Sachs banker was sentenced Thursday to two years in federal prison for his role in a $4.5 billion scheme to ransack a Malaysian state investment fund. Tim Leissner, at his sentencing in Brooklyn federal court, apologized to the people of Malaysia, who he called the “real victims” of the scheme. “The funds…
Foreign investors have pulled an estimated $63 billion from US equities since the beginning of March, according to Goldman Sachs strategists, who warn that the trend could pose risks to equity valuations. In a note to clients, the team led by Daniel Chavez pointed to high-frequency fund flow data showing that European investors have been…
AI generated image means for representation purpose only Goldman Sachs has raised its forecast for the likelihood of a US recession to 45%, up from 35%, marking the second time in a week the investment bank has increased its odds amid growing concerns over the trade war. This adjustment follows heightened fears that tariffs proposed…
Global brokerage firm Goldman Sachs has reduced its price targets on Indian IT stocks by 3% to 32%, citing lower revenue growth forecasts driven by macroeconomic uncertainty in the US. According to an ET report, the brokerage noted that the US accounts for around 60% of India’s IT revenues, and the downgrade in GDP forecasts…
Whilst the most severe phase of the slowdown appears to be over, Goldman Sachs advises investors to remain vigilant regarding market volatility. (AI image) Goldman Sachs has said the worst is likely over for the Indian economy. In a recent report the global financial firm has said that India has likely moved past its most…
India-USA News: अमेरिकी राष्ट्रपति डोनाल्ड ट्रंप ने भारत पर टैरिफ लगाने का ऐलान कर दिया है. 2 अप्रैल को यह टैरिफ कितना होगा, इसे लेकर दलाल स्ट्रीट से लेकर मिंट स्ट्रीट तक, बोर्डरूम से लेकर नीति गलियारों तक हर किसी की निगाहें टिकी हुई हैं. ट्रंप पहले भी कई बार कह चुके हैं कि भारत…
Trump has specifically mentioned India alongside the European Union and China, stating that India maintained “the highest tariffs in the world”. Impact of US tariffs on India: India’s GDP may take a hit of around 0.1 to 0.6 percentage points due to the proposed US tariffs, according to a recent Goldman Sachs analysis. The study…
Vault’s Ranking Reveals the Best US Banks for Financial Careers in 2024 The banking sector continues to be one of the most sought-after industries for professionals seeking a dynamic and rewarding career. With lucrative compensation, diverse career opportunities, and the chance to work with some of the brightest minds in finance, the banking industry offers…