Goldman Sachs

417 results about this entity

Period: 04 Feb 2004 - 18 Sep 2024

UBS files code theft lawsuit

In an incident with striking parallels to the recent Goldman Sachs code theft case, it now emerges that UBS in March filed a lawsuit against three former quant traders alleging that they stole proprietary algorithmic trading software with the intent of using it at their new employer, Jefferies.

Citadel sues ex-staff for contract breach; raises code-theft spectre

Citadel Investment Group is suing three former employees who set up Teza Technologies, the firm that became embroiled in the Goldman Sachs code theft case this week, for violating a non-compete agreement.

FBI nabs programmer accused of stealing trading code

A Russian computer programmer has been arrested by the FBI, accused of stealing proprietary trading code from the New York-based financial institution he used to work for.

Swift switches on central matching for brokers and hedge funds

Banking co-operative Swift has adapted its Accord matching system to handle the pre-settlement processing of securities trade flows between prime and executing brokers and hedge funds.

Goldman Sachs, Morgan Stanley and UBS in European dark pool pact

Goldman Sachs, Morgan Stanley and UBS have agreed a deal that will allow their clients to access each bank's European dark pools.

Goldman in legal battle with hell-raising blogger

A US man who writes a critical blog about Goldman Sachs has filed a lawsuit against the investment bank after it threatened legal action over his use of the goldmansachs666.com domain name.

Revolution Money raises $42m

Revolution Money, an online interchange-free payments platform, has raised $42 million in funding from a group including a Goldman Sachs affiliate and existing investors Citi and Morgan Stanley.

LCH.Clearnet to open New York office

London-based LCH.Clearnet has opened an office in New York to support a push into the US over-the-counter and exchange-traded clearing business.

LCH.Clearnet mulls buying out investors - FT

London clearer LCH.Clearnet is considering buying out its shareholders and converting into a user-owned utility in a bid to fend off a takeover bid from an Icap-led consortium of banks, according to the Financial Times.

Goldman Sachs to launch Hong Kong dark pool

Goldman Sachs is set to launch its Sigma-X dark pool equity trading platform in Hong Kong this week, according to the Financial Times.

Morgan Stanley mulls back office and IT staff cuts - WSJ

Morgan Stanley and Goldman Sachs are considering a further round of job cuts, according to a Wall Street Journal report which cites people familiar with the deliberations.

Goldman Sachs mulls online bank - Wall Street Journal

Goldman Sachs is considering launching an Internet banking operation in an effort to build its deposit base, the Wall Street Journal reports.