Goldman Sachs News
Blackstone in Talks to Buy Stake in Goldman’s U.K. Insurer: Source
Blackstone Group LP, the world's biggest private-equity firm, is in talks to buy a stake in Goldman Sachs Group Inc.'s European insurance business, according to a person with direct knowledge of the ...
Allstate’s Mortgage Securities Suit Against Goldman Sachs Discontinued
Allstate Corp.'s 2011 lawsuit against Goldman Sachs Group Inc. over the alleged fraudulent sale of residential mortgage-backed securities has been discontinued, court records show. The insurer sued ...
SEC Bans Gupta From Director, Officer Roles; Imposes $13.9M Fine
Former Goldman Sachs Group Inc. director Rajat Gupta was ordered to pay a $13.9 million civil penalty and banned from serving as an officer or director of a public company for having illegally passed ...
SEC Fraud Case Against Goldman Sach’s ‘Abacus’ Trader Goes to Trial
The U.S. Securities and Exchange Commission heads to trial Monday against a former Goldman Sachs bond trader in a case it says highlights what went wrong on Wall Street in the financial crisis. Jury ...U.S. Judge Limits Ex-Goldman Sachs Exec Tourre’s Defense In CDO Fraud Case
A federal judge on Wednesday limited the extent to which former Goldman Sachs Group Inc. vice president Fabrice Tourre can argue that he was acting on the advice of company lawyers in his defense ...
Court Dismisses Bond Insurer Fraud Claims Against Goldman Over Abacus CDO; Appeal Planned
Goldman Sachs Group Inc. won dismissal on Tuesday of fraud claims brought by a bond insurer over a CDO tied to subprime mortgage securities called Abacus. In a 3-2 decision, a New York state appeals ...
Bloomberg’s Top Editor Calls Client Data Policy ‘Inexcusable’
Matthew Winkler, editor-in-chief of Bloomberg News, apologized on Monday for allowing journalists "limited" access to sensitive data about how clients used Bloomberg terminals, saying it was ...