Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: goldman sachs

Fed rejects Bank of America’s dividend hike plan

NEW YORK — Bank of America said Wednesday the Federal Reserve has objected to its plan for raising its dividend in the second half of this year, a setback that suggests regulators need to see more evidence that the nation’s ...

Read More »

Ex-Goldman director charged with insider trading

WASHINGTON — Federal regulators have charged a former Goldman Sachs board member with insider trading, saying he provided confidential information to the central figure in a major hedge fund probe. The Securities and Exchange Commission announced the civil charges against ...

Read More »

Facebook raises $1 billion through Goldman Sachs

NEW YORK — Facebook says it has raised $1 billion from non-U.S. investors through Goldman Sachs. Combined with a $500 million investment from Goldman, funds Goldman manages and Russia’s Digital Sky Technologies in December, the investments value Facebook at $50 ...

Read More »

Goldman Sachs limits Facebook private offering

NEW YORK — Goldman Sachs Group Inc. has prohibited U.S. investors from participating in a private offering expected to raise up to $1.5 billion for social networking site Facebook, citing widespread media coverage that could run afoul of securities guidelines. ...

Read More »

Report says Facebook nets $500 million investment

NEW YORK — A reported investment by Goldman Sachs and a Russian investor of $500 million in Facebook is a further sign that the social networking behemoth is becoming a powerful force even outside of tech circles, even as the ...

Read More »

On bank failures, Wall Street reform and the land of misfit toys

The Washington Post has published three interesting business stories this week that promise to reverberate into the new year. One is on bank failures: 2010 saw the most U.S. banks go under since 1992, and analysts see more “on the ...

Read More »

Federal Reserve reveals details of emergency aid to banks

WASHINGTON — The Federal Reserve on Wednesday revealed details of trillions of dollars in emergency aid it provided to U.S. and foreign banks during the financial crisis. Newly released documents show that the most loan money over time went to ...

Read More »

Stocks fall Monday on Ireland bailout, Wall Street probe

NEW YORK — Stocks fell Monday as investors worried about fallout from Europe’s financial crisis and a widening probe into Wall Street insider trading. Bank stocks led the declines after the Federal Bureau of Investigation raided the offices of two ...

Read More »