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Goldman Sachs Group (NY: GS)
160.45 USD  -0.01 (-0.01%)
Official Closing Price  /  Updated: 4:15 PM EDT, Apr 23, 2014  /  Add to My Watchlist      
(GS) Community Analysis from
April 23, 2014
(Jutia Group, 4/17/14)
[Reuters] - Investment banks Morgan Stanley and Goldman Sachs Group Inc posted better-than-expected quarterly earnings on Thursday, helped by gains...(read more)
(Gold Stocks Today, 4/16/14)
David Zeiler writes: Goldman Sachs (NYSE: GS) must really want to buy more gold; this week it repeated yet again its forecast for gold prices in 2014 to drop to $1,050 an ounce. That...(read more)
This morning I have an article up at TheStreet about the LIBOR scandal as part of a package about the scandals of 2013 that I hope you will check out. I wrote that article on Tuesday for...(read more)
Goldman Sachs Group (GS) Company Overview

Goldman Sachs (NYSE: GS) is a U.S. bank holding company known for a strong investment bank division. Goldman Sachs advises corporations on mergers and acquisitions, offers trading services, and manages the assets of large institutions, governments, and wealthy individuals. Goldman Sachs also uses its own capital to engage in long-term (private equity) and short-term investments (propriety trading). For the fiscal year 2010, Goldman Sachs reported a total revenue of $39B[1] and a net income of $8.35B[2].

The passage of new regulation from the US government could have a large impact on Goldman Sachs' operations. In particular, its use of Proprietary trading, its investments and hedge and private equity funds, as well as fees from the Federal Reserve could force the company to alter its operations.

(Read more at Wikinvest )

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