The London head of US banking giant Goldman Sachs has been awarded a £9m bonus, according to reports.
Goldman Sachs is lifting the £1m bonus cap imposed on its 100 London-based partners last year as the firm begins to hand out multi-million pound payouts to staff around the world.
Goldman Sachs, the US bank which first coined the term BRICS, has issued a short-term alert on China and India over inflation fears.
Facebook will disclose extensive financial information or go public by early 2012 following a $2bn private fund-raising which values the social networking site at $50bn, according to people close to the situation.
The term ‘total expense ratio' sounds like it should incorporate all the costs of an ETF. But the TER figure can differ widely from the true cost of owning a fund, as Helen Fowler discovers
Michael John Lytle, managing director and founding partner at Source, talks to Emma Cusworth about the importance of increasing liquidity in the European ETF market
iShares and Goldman Sachs have unveiled fixed income and hedge fund replication ETFs on the German Stock Exchange Xetra.
Government austerity measures may have to be rethought if the recovery slows, the International Monetary Fund (IMF) has warned.
RBS has appointed Goldman Sachs and Morgan Stanley to oversee the flotation of its insurance business.
Bank of England Governor Mervyn King has thrown his weight behind breaking up the banks as part of reforms to protect the taxpayer from another financial meltdown.
Although the European ETF market has always played asset catch-up with its older US counterpart, it is set to experience a growth spurt on the back of regulatory developments. Helen Fowler reports
The Treasury is looking into the practice of high-frequency trading as concerns grow that computer-generated errors could have a significant impact on the economy.
The prospect of a double-dip recession in Britain is increasing with every month as consumer confidence dwindles to recession levels, a long-running study shows.
Several of Spain's 18 savings banks have failed tests to see how they would cope with worsened economic conditions, according to reports.
Goldman Sachs has angrily defended itself against a public campaign claiming the bank is exacerbating global food crises through its commodity trading operations.
The FTSE opened up at 5237.75, up 26.46 points, (0.51%) as European stocks edged higher in opening trading, drawing some optimism from Wall Street's late-session comeback.
Investment banking giant Goldman Sachs will pay a record $550m fine to settle the SEC's fraud probe into mortgage-backed securities.
More ETF providers are embracing synthetic replication, with the multi-swap counterparty model hailed as the next stage in product evolution. But to what extent does this already exist? Helen Fowler reports
New-York based Global X Management has released its Brazil Mid Cap ETF on NYSE Arca.
The Office of Fair Trading (OFT) has announced a probe into parts of the investment banking industry.
The Red Knights group of wealthy supporters mulling a takeover of Manchester United has shelved plans to make a bid for the club.
Exchange-traded product provider Source has seen total assets in its exchange-traded commodities (ETC) range surpass the €500m mark in the year since launch.
Britain and France are at odds with other European Union countries over plans to insure against future bank failures, in another sign of the problems in trying to forge a common response to the bloc's economic woes.
Latin America has produced some sparkling returns in the last few years and with Brazil leading the way, prospects continue to look promising. Nick Sudbury reports