Goldman Needs To Give Away $1bn
More in BUSINESS NEWS
back-up- Meet Goldman Sachs' Newest Managing Directors
- Geithner On Financial Regulatory Reform
- Free Job Postings Until 31.03.2010
- Bank Tells Staff To Knock Off Early To Make Babies
- 'Do I Seem Like A Guy Who Throws Chairs ?'
- Best Place To Work Update
- Office Humour - Warning, Some May Find This Offensive
- City Bankers Prepare For Disaster Scenario
- John Thain Defends Wall Street Bonuses
- Click Here To Register For Free News E-Mail Alerts
- Lazard Names New CEO
- Top Firm Told To Give Up Bonuses
- Government Accused Of Botching Major Bailout
- UBS Reveals Its Hand
- The Dash For Trash
- Too Big To Fail
- 'Sorry - But Christmas Is Cancelled'
- Regulator To Have Power To Tear Up Banker Pay Contracts
- IT Programmers Accused Of Being Madoff Accomplices
- Cityboy On Corporate Social Responsibility
- Top Firm To Unveil Turnaround Strategy
- The Obvious Candidate To Succeed Ken Lewis Is Ken Lewis
- Quit The UK To Avoid Higher Taxes - Poll Results
- Bankers Forced To Take Second Jobs To Make Ends Meet
- Goldman Kitten Payments Go A Stray
- More Compensation News
- Best Place To Work 2010 - Vote Now
- Banker Eye Test
- Goldman Sachs - View From The Top
- The Lloyd's Prayer
- Exec Claims Hedge Fund Boss Hired Hit Man To Kill Her
- $125m-A-Year Banker's Wife Says She Was Treated Like 'Mail-Order Bride'
- 'The Sell Out'
- 'Many Of You Have Seen Life Savings Vanish'
- Tough Times For Expenses - £5 For Lunch
- Tragic Banker Rehearsed Suicide Before Killing Himself
- Bear Stearns Fraud Case - The Verdict
- Even More Compensation News
- CEO Says That History Will Vindicate Him
- Traders Desperate To Get 'The Clap'
- Reservoir Gods
- Who Was Mr Angry During The Financial Crisis ?
- JPMorgan Chase Compensation Letter
- Regulator Warns - 'Yes, That Does Mean People Go To Jail'
- Brokers Complain Of Bailed-Out Banks Bullying Tactics
- Best Place To Work - Previous Winners
- Best Place To Work 2009 Results - The Top 100 Firms
- CEO Says He Could Top Himself & People Would Cheer
- Top Firm Hires 78-Yr-Old / Ex-Boss Says 'Sorry' For Citigroup
- Top Firm Said To Be At Loggerheads
Related Content
- Won't Someone Please Give Me a Chance ? (23/10/2009)
- Top Firm Told To Give Up Bonuses (17/11/2009)
- Geithner For Goldman ? Surely Not! (19/09/2009)
- Nuns Have A Pop At Goldman (15/10/2009)
- Goldman Sachs Must Fail (18/10/2009)
- Goldman Responds To 'Huddles' Furore (28/08/2009)
And HSBC, led by chairman Stephen Green (who is an Anglican priest) is said to have raised over $1bn in bond and equity sales for US multi-national Textron, which, among other products, manufactures cluster bombs. Nice.
In the meantime, Reuters reports that Deutsche Bank is to acquire Sal. Oppenheim in a deal worth $1.5bn. The German bank is said to be only interested in the firm's wealth management business, and is thought to be looking for a buyer for the investment banking unit.
Finally, The New York Times DealBook column reports that Lazard posted a 4% drop in its third-quarter earning. Profit came in at $52.5m, after strong earnings from its restructuring advisory unit. Nomura also posted positive earnings Wednesday. Profit for the quarter end 30th September came in at $304.6m.
Please use the 'E-Mail' button immediately under the article title to send this item to a friend.
