The global trade finance market will grow at a CAGR of more than 4% or by $11.25 billion between 2020 and 2024, according to research and advisory company Technavio.
Goldman Sachs has agreed to settle a U.S. probe into its handling of mortgage-backed securities for about $5.1 billion, reducing Q4/15 earnings by approximately $1.5 billion after tax.
Goldman Sachs Group analysts reportedly said JPMorgan Chase’s parts are probably worth more to investors than the whole after regulators proposed tougher rules penalizing firms for size and complexity.
Bloomberg reported Goldman Sachs Group is leading Toys “R” Us loans that will replace existing debt, with commitments from lenders due by Oct. 7, according to Bloomberg data.
Bloomberg reported Goldman Sachs Group CEO Lloyd C. Blankfein, the highest-paid head of a U.S. bank for 2012, saw his bonus increase 11% to $21 million for his work last year.
Bloomberg reported W.R. Grace cut the rate it’s paying on a $900 million loan to support its bankruptcy emergence, citing a person with knowledge of the transaction.
Bloomberg reported that a person with knowledge of the transaction said Morgan Stanley, Citigroup, Bank of America and Goldman Sachs arranged a $2.93 billion loan for Chrysler Group.