Goldman Sachs

The Wall Street investment banking model today seems confined to the pages of history after the two remaining pillars of the prototype Goldman Sachs and Morgan Stanley received approval to become banks.

Goldman Sachs has warned investors US stocks could slide after "awful" early Q1 earnings signs.

Goldman Sachs has today acquired specialist lender Money Partners Holdings Limited following a strategic review by the group.

Investment banking giant Goldman Sachs remains concerned about the outlook for markets in the near term despite recording an $11.6bn profit in 2007.

Financial firms could lose as much $400bn as a result of the US sub-prime crisis, Goldman Sachs estimates.

Abbey National has reported a 31% hike in profits, slightly ahead of growth at its Spanish parent Banco Santander, reports the Scotsman .

Axa and Swiss Re are believed to have made an exploratory £8bn takeover bid approach for Scottish Widows to its parent, Lloyds TSB, reports the Scotsman .

LORD TURNER was last night on a collision course with Gordon Brown over the affordability of State pension reforms that will be unveiled by the peer's commission next week, reports the Financial Times.