Labour will ‘get under the bonnet’ of Britain’s growth problem, Starmer to say January 31, 2024 Labour will “roll up our sleeves and get under the bonnet” to fix Britain’s stagnating growth problem, Sir Keir Starmer is set to tell bosses and CEOs.
Labour would host annual investment summit if elected, vows Jonathan Reynolds January 29, 2024 Labour would host an annual business summit to showcase Britain as a global investment destination, if elected into power, Jonathan Reynolds has pledged.
Goldman Sachs ended 2023 strongly despite investment banking weakness January 16, 2024 Goldman Sachs reported that profit jumped at the end of 2023 as the bank’s asset and wealth management arm helped offset continued weakness in investment banking. In the three months to December, the bank’s net earnings climbed 51 per cent to $2.0bn, up from $1.3bn in the same period last year. The jump in profit [...]
Goldman: Private equity will have to go ‘back to the future’ in new rate environment January 14, 2024 In the new world, Nachmann said a lot of the returns will come from "sourcing really good opportunities" and making "operational improvements".
Bad debt and high interest rates set to drag on US banks’ earnings January 8, 2024 Lenders are rebounding from share price dips in October as the US economy shows signs of resilience and the central bank pencils in multiple rate cuts this year.
Why Goldman Sachs predict ‘earlier and more aggressive’ interest rate cuts from central banks December 18, 2023 Goldman Sachs expects "earlier and more aggressive rate cuts" from central banks after a significant fall in inflation over recent months.
Goldman Sachs boss David Solomon remains ‘passionate’ about making music, but DJ hobby became a ‘distraction’ November 28, 2023 Goldman Sachs chief executive David Solomon has said that he retired his high-profile DJ hobby because it was becoming a “distraction” from his leadership of the US investment bank.
Boost for Britain as businesses commit to invest £30bn in UK November 27, 2023 Some of the world’s biggest businesses have committed to invest a total of nearly £30bn in Britain, the government has announced ahead of a major investment summit taking place today.
Goldman Sachs says US soft landing not guaranteed November 8, 2023 Goldman Sachs said diversification and risk management is going to be “critical” in 2024 as it encouraged investors to “expect the unexpected” next year.
US banks flag concerns over commercial real estate as debt distress reaches highest level in a decade October 19, 2023 The largest lenders in the US have been building their loss provisions in case loans to the commercial real estate sector turn sour over the coming months.