Goldman Sachs Group

Goldman Sachs set to take financial hit on sale of 1.2 million square feet Blanchardstown Centre

Shares slide as lender takes several charges in ‘messy’ final quarter of 2023

Loan loss provisions have thinned even as regulators highlight risks in commercial real estate market

Remuneration of $31m comes after boss pared back bank’s lossmaking push into retail banking

Regulator has promised to clamp down on what it describes as market manipulation and ‘malicious short-selling’

Ireland’s ‘juggernaut’ influencer sector has become ‘a hugely valuable industry’

Collectively, the big Wall Street banks cut at least 30,000 staff in 2023 with more cuts expected next year

Lower pay in the trading business was blamed for a number of high-profile departures last year

Bank offloads €175m loan to UK fund for 83c in the euro

Chief executive intends to dispose of 1m shares through equity trading plans next year

Wall Street’s fear index is showing little sign of overt concern about events in Middle East and Ukraine

Lender suffers eighth straight quarter of falling earnings but records first rise in investment banking revenue for 2 years

CEO’s hobby has drawn media attention and scrutiny from Wall Street group’s board of directors

Announcement comes following the death of previous chairman Gary Kennedy earlier this year

Martin Wall: Joe Biden has warned of threats to food safety, cancer research and children’s programmes if Congress is not able to pass the country’s budget by next week

IPO could value German sandal-maker at more than $8bn

David Solomon dismisses ‘caricature’ painted of him

The culture at the Wall Street bank’s London office is set to come under scrutiny

Deals tapped private equity ‘partnership fund’ that the bank set up with sovereign wealth fund China Investment Corporation

Business Today: the best news, analysis and comment from The Irish Times business desk

Question was posed recently in a headline of a New York Magazine piece

Deal is part of a wave of unprecedented consolidation within the wider sector

David Solomon under pressure amid partner exodus and stalled share price

Moody’s cuts credit ratings of 10 small to midsized US banks, while Bank of Ireland, AIB and PTSB suffer losses

Some insiders fear it could take years to replace top-tier bankers

Wall Street giant’s return on equity was worst among top US banks

Latest share sale will reduce the Government’s holding to 46.9%

This debut novel follows an enemies-to-lovers storyline with a very modern and joyful flavour

Experts sceptical about large-scale shopping centre sales but appetite for regional hubs remains

Company’s Dublin business has been authorised by the Central Bank since 2011

Wall Street investment giant appoints Eastdil Secured and CBRE to find buyer for 1.2 million square feet Dublin retail scheme

Trial would have looked at culture of storied bank

Shareholders hear criticism of US bank executives and vote against climate and ESG motions

FTSE 100 falls after another surprisingly strong UK inflation reading

Euronext Dublin outperforms European peers as a number of its heavy hitters drag it up almost 1.5%

First-quarter net income beats analysts’ estimates but drops 18% year on year

Insider Nishi Somaiya appointed to the role

Irish airline group will use cash to fund Boeing freighter conversion

Critics claim the technology carries alarming risks and needs better governance

Goldman Sachs, JPMorgan Chase and Fidelity benefit from big inflows amid turmoil in financial sector