Goldman Sachs

422 results about this entity

Period: 04 Feb 2004 - 08 Jan 2025

Goldman Sachs names Marty Chavez CIO

Goldman Sachs has promoted Marty Chavez to chief information officer, replacing Steven Scopellite who will retire at the end of the year.

Goldman faces losses over trading system glitch

A computer error at Goldman Sachs saw a wave of erroneous options orders sent out to American exchanges yesterday, and could cost the bank up to $100 million.

Goldman Sachs sells majority stake in Redi fintech biz

Goldman Sachs has sold a majority stake in its Redi fintech unit to a consortium of major finance players. Financial terms of the deal were not disclosed.

Fintech start-ups get chance to wow Wall Street

Financial technology start-ups have been showing off their wares to top executives from Wall Street at the third annual FinTech Innovation Lab 'Demo Day' in New York.

EC charges banks, Isda and Markit in CDS investigation

EC regulators say that 13 investment banks, the International Swaps and Derivatives Association (Isda) and Markit breached antitrust rules by colluding to prevent exchanges from entering the credit derivatives business.

Bloomberg admits reporters used terminals to snoop on clients

Bloomberg has admitted that its reporters have been accessing client information through its financial data computer terminals

Ex-Goldman trader pleads guilty to wire fraud

A former Goldman Sachs trader has pleaded guilty to fabricating trades on a manual system to hide an unauthorised $8.3 billion futures bet.

Banks join forces to develop open standard for electronic OTC trading

A group of leading sell-side banks has set up a working group that will focus on the creation of an open industry standard protocol for client and trader enablement on electronic trading platforms.

Anonymous preps Valentine's Day assault on Goldman

Goldman Sachs can expect plenty of Valentine's Day attention this year, but it won't be amorous, as hacktivist collective Anonymous gears up for an assault on the vampire squid's various social media accounts.

Nasdaq forced to cancel trades

Nasdaq OMX was forced to cancel pre-market trades in nine stocks, including Citi and Goldman Sachs, yesterday after they caused huge price swings.

Goldman Sachs fined $1.5m over supervision failures

Goldman Sachs has been fined $1.5 million by US regulators for failing to supervise a trader who bypassed internal systems to conceal an $8.3 billion position from the bank and defraud it of $118 million.

CFTC charges former Goldman trader over $118m loss

A former Goldman Sachs trader has been charged by US regulators with bypassing internal systems to conceal an $8.3 billion position from the bank and defraud it of $118 million.