Asset ManagementFeaturedGoldman Sachs to target $9bn assets under management in JapanBharath KumarFebruary 10, 2020March 18, 2020 by Bharath KumarFebruary 10, 2020March 18, 2020 Goldman Sachs has already begun to hire private bankers to manage assets over the next 5 to 10 years... Read more
BankingFeaturedGoldman bank licenced to operate in South Africa as part of expansionBharath KumarJanuary 21, 2020March 18, 2020 by Bharath KumarJanuary 21, 2020March 18, 2020 The bank has become a member of Johannesburg Stock Exchange’s interest-rate and currency-derivatives market... Read more
BrokerageFeaturedGoldman’s workforce expansion in China is part of five-year strategy planBharath KumarJanuary 14, 2020March 18, 2020 by Bharath KumarJanuary 14, 2020March 18, 2020 The headcount will increase by 600 employees in Goldman Sach’s mainland operations... Read more
BankingDeutsche Bank scales restructuring with $50 bn asset saleInternational Finance DeskNovember 28, 2019 by International Finance DeskNovember 28, 2019 The assets are related to emerging market debt — and are the latest in a series of unit disposals this year... Read more
BankingBank of America hires Saudi investment banking headInternational Finance DeskNovember 13, 2019 by International Finance DeskNovember 13, 2019 Saud Al Tassan has previously worked at NCB Capital and Banque Saudi Fransi... Read more
Oil & GasAramco to pay up to $450 mn as fees to IPO advisorsPritam BordoloiOctober 17, 2019 by Pritam BordoloiOctober 17, 2019 Book runners JP Morgan and Morgan Stanley to be paid the highest IPO fees by Aramco... Read more
Wealth ManagementGoldman ramps up Europe wealth management businessPritam BordoloiSeptember 24, 2019November 1, 2019 by Pritam BordoloiSeptember 24, 2019November 1, 2019 The investment bank plans to hire 30 wealth advisers in the next three years in Switzerland, Germany and the UK... Read more
Asset ManagementBrazil fund manager XP Investimentos for January US IPOPritam BordoloiSeptember 13, 2019November 4, 2019 by Pritam BordoloiSeptember 13, 2019November 4, 2019 Hires investment banks such as JP Morgan, Goldman Sachs, and Morgan Stanley to manage IPO... Read more
In the NewsCiti, Goldman Sachs, HSBC and Samba likely to be part of Aramco IPOInternational Finance DeskSeptember 9, 2019December 12, 2019 by International Finance DeskSeptember 9, 2019December 12, 2019 JP Morgan might win the lead advisory role for Aramco’s IPO transaction... Read more
Asset ManagementGoldman Sachs, South Africa’s Investec to extend equities trading to AfricaInternational Finance DeskMay 16, 2019 by International Finance DeskMay 16, 2019 After making a big bet on strong economic growth in South Africa, Goldman is in a win-win partnership... Read more