Goldman Sachs Says Lay OFFS Will Be Forthcoming In Early 2023
By: Economic & Finance Report Goldman Sachs (GS) will be laying off approximately 4,000 employees. CEO David Solomon indicated this as much, in the end of the 2022-year letter to…
By: Economic & Finance Report Goldman Sachs (GS) will be laying off approximately 4,000 employees. CEO David Solomon indicated this as much, in the end of the 2022-year letter to…
1) After HP rejected Xerox’s offer of $22 per share, Xerox is now threatening to go hostile with its $33.5 billion dollar buyout if HP does not agree to a…
1) China has announced they are ending caps to foreign financial ownership, allowing foreign firms to have full ownership of financial services companies. Starting in 2020, overseas institutions can apply…
1) The electric car company Tesla Inc is being sued claiming the company limited battery range of its older vehicles using software updates. The alleged intent was for Tesla to…
1) Goldman Sachs, the investment bank, is starting a three year, $100 million dollar plan to overhaul its stock trading platform. The project, which is named Atlas, is aimed at…
By Economic & Finance Report Financial investment power house Goldman Sach (GS); is in negotiations to aquire B&B Hotels and all its subsidiary chains. They will be acquiring the chain…
By: Economic & Finance Report Goldman Sach’s rolled out a new review/performance based system to rate and grade employees performance at the work place. The new system allows employees to…
By: Economic & Finance Report Mr. Steven Mnuchin was confirmed and sworn in as the new US Treasury Secretary Monday evening, February 13, 2017. Secretary Mnuchin who takes the helm…
By: Economic & Finance Report Sources close to the President Elect Trump, have indicated that former Goldman Sach’s banker/partner Steven Mnuchin, is being considered as the next US Treasury Secretary;…