Goldman Sachs said in a statement that the bank "had no advance knowledge of any of the facilities the Fed announced and assumed risk when we bought securities from clients during this period.”
Read More »Goldman Sachs: New IPOs Require Diversity
CEO David Solomon said the bank will not "take a company public unless there’s at least one diverse board candidate, with a focus on women."
Read More »California-Based Mortgage Provider Hires Former Goldman Sachs Executive
Consolidated Analytics, a provider of mortgage services, announced the appointment of Josh Fuchs as SVP of product development and sales for its residential valuations division. In this role, Fuchs will drive the vision, innovation, execution and adoption of new real ...
Read More »Obligations Fulfilled for Goldman Sachs’ Mortgage-Backed Securities Settlements
Goldman Sachs successfully completed about 77% of the $1.8 billion in consumer relief it is obligated to provide under its two mortgage-backed securities settlements with the U.S. Department of Justice and three states, according to a report by the independent monitor ...
Read More »Checking the Books With Goldman Sachs and CitiGroup
Goldman Sachs and CitiGroup released their Q1 2019 results. Here's what the banks' executives have to say about what's going on at these banks.
Read More »The Week Ahead: Focus on Q1 Earnings
Make sure to check in at DSNews.com as we follow the earnings statements released Bank of America, Citigroup, and Goldman Sachs. Here’s what else is happening in The Week Ahead.
Read More »Megabank CEOs Meet With Congress
CEOs of eight of the largest U.S. banks, including Bank of America, CitiGroup, and more, appeared before the House Financial Services Committee to discuss how policies and procedures have changed since the financial crisis.
Read More »Results, Remuneration, and Retribution
Click through for some of the big-ticket news impacting the housing market and a report that is likely to affect the overall economy and housing as the nation goes to vote.
Read More »Goldman Sachs Mortgage Relief Settlement Actions Near $1B
Goldman Sachs is approaching the billion-dollar mark for mandated consumer-relief actions stemming from two mortgage-related settlement agreements with the U.S. Department of Justice and three states. Professor Eric D. Green, who serves as independent Monitor for the company’s consumer-relief agreements, ...
Read More »How Much Have Banks Been Fined Since the Crisis?
According to a tally released Tuesday by New York-based investment banking firm Keefe, Bruyette & Woods, banks have been fined $243 billion since the financial crisis in 2008. As reported by Marketwatch, repayment of the fines involves a mixture of ...
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