Goldman Sachs Group Inc will set an expense target at its investor day later this month, management said on Wednesday, after the bank missed Wall Street profit expectations due to inflated costs.
Bangalore/San Francisco Das Milliardendesaster um den amerikanischen Bürovermieter WeWork lässt Risikokapitalgeber vorsichtiger werden.
Despite trade wars, low interest rates and new geopolitical tensions, big U.S. banks have not experienced major disruption to their core businesses and top executives are hopeful they can generate growth this year.
JPMorgan Chase & Co posted its biggest-ever annual profit on Tuesday as its bond trading business bounced back in the last three months of the year, setting an upbeat tone for the big U.S. banks reporting this week. | Video
BANGALORE/SAN FRANCISCO In the months since office-sharing startup WeWork's botched public debut, mid- and late-stage investors in big start-ups have been pushing for more safeguards in case their firms fail to go public or sell shares at a lower valuation than pre-IPO financing rounds.
More and more companies are putting plans for U.S. initial public offerings (IPO) on ice this year because of investor pushback against their valuations, creating a backlog that could make stock market debuts more challenging in 2020.
Impossible Foods Inc, maker of the plant-based Impossible Burger, is in talks with investors about a new round of fundraising that could more than double the $2 billion valuation it attained in May, according to people familiar with the matter.
NEW YORK/BANGALORE, Nov 24 SoftBank Group Corp
will this week launch a previously agreed tender offer
for as much as $3 billion of WeWork shares, including up to $970
million owned by the office sharing company's cofounder Adam
Neumann, two people familiar with the matter said.
NEW YORK/BANGALORE SoftBank Group Corp will this week launch a previously agreed tender offer for as much as $3 billion of WeWork shares, including up to $970 million owned by the office sharing company's cofounder Adam Neumann, two people familiar with the matter said.