Goldman Sachs

For two months now, successive waves of layoffs in the banking sector occurred. ABN AMRO, the latest bank to announce a downsizing plan, will suppress 9% of its workforce. Goldman Sachs will lower salaries...

Goldman’s traders lost up to €100 million in a single session, according to Bank’s regulatory filing to the U.S. market authority

With the rise in the probability of extreme risks taking place, the purchase of puts on bank shares, considering the implicit volatility on the Eurostoxx 50, seems to be an attractive hedge for long term investors according to Goldman Sachs.

The desk, which trades currencies and commodities as well as products tied to interest rates and other fixed- income markets, will close in the days ahead

Ariel Roskis and Daniele Benatoff, traders for the famous Goldman’s «Principal Strategies» desk, should start their Hegde funds in London in the second quarter ...