AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)
Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Goldman Sachs Group

Goldman shareholders nearly approve proposal requiring mandatory arbitration report
Business & Finance

Goldman shareholders nearly approve proposal requiring mandatory arbitration report

  • While it did not pass, roughly 49% of Goldman shares voted in support of a proposal submitted by the Nathan Cummings Foundation to require the bank to conduct a report on the issue, according to a preliminary tally of the votes at the bank's annual meeting on Thursday.
  • The proposal would have examined how the bank's use of mandatory arbitration in employee complaint cases may "allow harassment and discrimination to go unseen," according to the foundation's statement.
Published 29 Apr, 2021 07:47pm
Goldman Sachs communications head Jake Siewert to leave
Business & Finance

Goldman Sachs communications head Jake Siewert to leave

  • Siewert, a veteran of the Clinton and Obama administrations, joined the Wall Street bank in 2012. Before that, he was a top aide to former Treasury Secretary Timothy Geithner.
  • Siewert led Goldman's makeover efforts after the 2008 global financial crisis and was also involved in the launch of Marcus, its online retail banking division, the report said.
Published 16 Apr, 2021 05:31pm
Goldman profit smashes expectations on booming investment banking
Business & Finance

Goldman profit smashes expectations on booming investment banking

  • Overall investment banking revenue rose 73% to $3.77 billion, its highest since 2010, while equities trading surged 68% as a jump in trading by ordinary investors fed stock market volatility.
  • Global investment banking fee hit an all-time record of $39.4 billion during the March quarter, according to Refinitiv data.
Published 14 Apr, 2021 05:11pm
Citi hires Goldman's chief diversity officer
Business & Finance

Citi hires Goldman's chief diversity officer

  • Brown joins Citi as its chief diversity, equity and inclusion officer from Goldman Sachs, where she had led that bank's diversity and inclusion efforts since mid-2018. Brown previously worked at Bloomberg in the same role.
  • Goldman named Megan Hogan to replace Brown, according to a memo sent to staff and seen by Reuters.
Published 26 Mar, 2021 08:12pm
ABB prepares turbocharging unit for sale or spin-off, picks banks
Business & Finance

ABB prepares turbocharging unit for sale or spin-off, picks banks

  • Chief Executive Bjorn Rosengren said last month that ABB would exit the business towards the end of 2021, adding that the business generates around 75% of its sales form services, which made it very resilient.
  • People familiar with the matter have said that the turbocharger business could raise fetch a price tag of $1.5 to $2 billion.
Published 17 Mar, 2021 06:06pm