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Goldman Sachs Group Inc (GS.N)

GS.N on New York Stock Exchange

235.34USD
21 Sep 2018
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$-2.06 (-0.87%)
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Latest Key Developments (Source: Significant Developments)

Goldman Sachs Says Stephen Scherr To Become CFO
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - Goldman Sachs Group Inc ::SAYS JOHN E. WALDRON NAMED PRESIDENT AND CHIEF OPERATING OFFICER.SAYS STEPHEN M. SCHERR TO BECOME CHIEF FINANCIAL OFFICER.SAYS R. MARTIN CHAVEZ TO BECOME VICE CHAIRMAN OF GOLDMAN SACHS AND CO-HEAD OF THE SECURITIES DIVISION.SAYS JOHN E. WALDRON WILL BECOME THE FIRM’S PRESIDENT & CHIEF OPERATING OFFICER, EFFECTIVE OCTOBER 1.SAYS STEPHEN M. SCHERR WILL BECOME CHIEF FINANCIAL OFFICER, EFFECTIVE NOVEMBER 5 AFTER THE FILING OF CO'S THIRD QUARTER RESULTS.  Full Article

Goldman To Name Stephen Scherr As Its New Finance Chief - WSJ
Thursday, 13 Sep 2018 

Sept 13 (Reuters) - :GOLDMAN SACHS' NEXT CEO REPLACES FINANCE CHIEF, NAMES TOP DEPUTY - WSJ, CITING SOURCES.GOLDMAN IS EXPECTED TO NAME JOHN WALDRON AS ITS PRESIDENT AND STEPHEN SCHERR AS ITS NEW FINANCE CHIEF, REPLACING MARTIN CHAVEZ - WSJ, CITING SOURCES.  Full Article

Goldman Sachs Enters Agreement For Sale And Leaseback Of Plumtree Court
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Goldman Sachs Group Inc ::GOLDMAN SACHS ENTERS AGREEMENT FOR THE SALE AND LEASEBACK OF PLUMTREE COURT.GOLDMAN SACHS SAYS HAS ENTERED INTO A BINDING AGREEMENT FOR THE SALE AND LEASEBACK OF PLUMTREE COURT WITH KOREA’S NATIONAL PENSION SERVICE.GOLDMAN SACHS - PLUMTREE COURT WILL BE NEW EUROPEAN HQ OF CO IN LONDON FROM MID-2019 WHEN IT IS EXPECTED TO TAKE OCCUPANCY OF PREMISES.GOLDMAN SACHS SAYS AS PART OF AGREEMENT, GOLDMAN SACHS WILL ENTER INTO A 25 YEAR LEASE ON BUILDING WITH A BREAK OPTION AFTER 20 YEARS.GOLDMAN SACHS - DEAL VALUES PLUMTREE COURT AT £1,165 MILLION.GOLDMAN SACHS - TRANSACTION ALLOWS FOR CONSOLIDATION OF FIRM’S ACTIVITIES, FROM THREE BUILDINGS, INTO ONE LOCATION.  Full Article

KBC Bank Ireland Sell Its Loan Portfolio Of About 1.9 Billion Euros to Goldman Sachs
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - KBC GROEP NV ::REG-KBC GROUP: KBC BANK IRELAND SELLS PART OF LEGACY CORPORATE AND BUY TO LET LOAN PORTFOLIO TO GOLDMAN SACHS.KBC BANK IRELAND REACHED AGREEMENT WITH GOLDMAN SACHS TO SELL A LOAN PORTFOLIO OF APPROXIMATELY EUR 1.9BN.AS A RESULT OF TRANSACTION, NPL LEVELS IN KBC BANK IRELAND REDUCE BY APPROXIMATELY 40% RESULTING IN NPL RATIO REDUCING BY ROUGHLY 11 %-POINTS TO AROUND 25% PRO FORMA AT END 2Q18.TRANSACTION IS EXPECTED TO RESULT IN A NET P&L IMPACT OF +14M EUR.KBC RECONFIRMS THAT ITS GUIDANCE FOR LOAN IMPAIRMENTS IN KBC BANK IRELAND FOR FULL YEAR 2018 IS FOR A NET RELEASE OF 100 TO 150 MILLION EUROS.TRANSACTION IS EXPECTED TO CLOSE IN 4TH QUARTER OF 2018.  Full Article

KBC Group Q2 Net Result Down At 692 Million Euros
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - KBC GROEP NV ::REG-KBC GROUP: SECOND-QUARTER RESULT OF 692 MILLION EUROS.WE DECIDED TO PAY AN INTERIM DIVIDEND OF 1 EURO PER SHARE ON 16 NOVEMBER 2018, AS AN ADVANCE PAYMENT ON TOTAL DIVIDEND FOR 2018.Q2 NON-LIFE INSURANCE (BEFORE REINSURANCE) EUR 202 MILLION VERSUS EUR 179 MILLION YEAR AGO.Q2 NET INTEREST INCOME EUR 1.12 BILLION VERSUS EUR 1.03 BILLION YEAR AGO.Q2 LIFE INSURANCE (BEFORE REINSURANCE) EUR 1 MILLION VERSUS LOSS OF EUR 24 MILLION YEAR AGO.OUR SOLVENCY POSITION REMAINED STRONG TOO, WITH A COMMON EQUITY RATIO OF 15.8% AT THE END OF JUNE 2018.Q2 TOTAL INCOME EUR 1.86 BILLION VERSUS EUR 1.87 BILLION IN REUTERS POLL.FOR THE REST OF 2018, WE EXPECT SOLID RETURNS FOR ALL BUSINESS UNITS.FOR IRELAND, OUR GUIDANCE FOR LOAN IMPAIRMENT FOR FULL-YEAR 2018 IS FOR A NET RELEASE OF 100 TO 150 MILLION EUROS.FOR BELGIUM, WE EXPECT A RECURRING POSITIVE IMPACT ON OUR RESULTS FROM THE RECENT REFORM OF THE BELGIAN INCOME TAX SYSTEM.FOR BELGIUM, THE NEGATIVE UPFRONT EFFECT RECORDED IN THE LAST QUARTER OF 2017 SHOULD BE FULLY RECOUPED IN ROUGHLY THREE YEARS’ TIME.KBC BANK IRELAND REACHED AN AGREEMENT WITH GOLDMAN SACHS TO SELL A PART (APPROXIMATELY 1.9 BILLION EUROS) OF ITS LEGACY LOAN PORTFOLIO.KBC BANK IRELAND’S IMPAIRED LOANS RATIO REDUCES BY ROUGHLY 11 PERCENTAGE POINTS TO AROUND 25% PRO FORMA AT END 2Q2018.REUTERS POLL: Q2 NET RESULT EUR 681 MLN; Q2 TOTAL INCOME EUR 1.87 BLN.  Full Article

Goldman Sachs Names Jim Esposito Global Co-Head Of Firm's Trading Division- CNBC
Monday, 6 Aug 2018 

Aug 6 (Reuters) - :GOLDMAN SACHS NAMES JIM ESPOSITO GLOBAL CO-HEAD OF THE FIRM'S TRADING DIVISION- CNBC.  Full Article

Goldman Sachs Has Almost Doubled Number Of Women On Its Most Senior Governing Body - Bloomberg
Monday, 23 Jul 2018 

July 23 (Reuters) - :GOLDMAN SACHS GROUP INC HAS ALMOST DOUBLED THE NUMBER OF WOMEN ON ITS MOST SENIOR GOVERNING BODY - BLOOMBERG, CITING MEMO.  Full Article

Goldman Sachs Says Chief Executive Officer Will Receive Annual Salary Of $2 Mln
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Goldman Sachs Group Inc ::GOLDMAN SACHS - AS CHIEF EXECUTIVE OFFICER, DAVID SOLOMON WILL RECEIVE AN ANNUAL SALARY OF $2 MILLION.GOLDMAN SACHS - AS CEO, SOLOMON WILL BE ELIGIBLE FOR ANNUAL VARIABLE COMPENSATION - SEC FILING.  Full Article

Goldman Sachs says ahead of plan on revenue growth target
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Goldman Sachs Group Inc ::GOLDMAN SACHS CFO SAYS BANK IS RUNNING AHEAD OF PLAN ON EACH SEGMENT OF $5 BILLION REVENUE GROWTH TARGET.GOLDMAN SACHS CFO SAYS "WOULDN'T CHANGES EQUITIES FRANCHISE FOR ANYBODY ELSE'S".GOLDMAN SACHS CFO SAYS SOME EQUITY DERIVATIVES TRANSACTIONS CAN BE LUMPY, HAD MORE LAST YEAR AND LESS THIS YEAR.GOLDMAN SACHS CFO SAYS PRIME BROKERAGE CLIENT BALANCES GREW, SPREADS COMPRESSED.GOLDMAN SACHS CFO SAYS, WHEN REVIEWING CCAR, BANK SAW DIVERGENCE BETWEEN ITS CALCULATIONS AND THE FEDERAL RESERVE'S; DOESN'T COMMENT ON INDIVIDUAL ASSET CLASSES.  Full Article

Goldman Sachs Says President David Solomon To Become CEO - Tweet
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Goldman Sachs Group Inc ::PRESIDENT, DAVID SOLOMON, TO BECOME CEO ON OCT. 1 - TWEET.  Full Article

RPT-Lehman Brothers workers share memories 10 years after the fall

NEW YORK, Sept 21 Ex-employees of Lehman Brothers Holdings Inc met at Irish pubs near their former office in Midtown Manhattan on Thursday night to reminisce 10 years after the bank's collapse, in gatherings with the atmosphere of high school reunions despite marking the largest failure of the financial crisis.