Barclays, UBS and Goldman Sachs have announced moves to halt bonus payouts for top executives in 2008, as huge subprime losses and writedowns have placed compensation policies under increased scrutiny....
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NEW YORK - US investment bank Goldman Sachs has announced its intention to cut 3,250 jobs - 10% of its international work force. It says the job losses will be spread across the globe. In September Goldman and rival Morgan Stanley announced they would...
Shares in former investment banks Goldman Sachs and Morgan Stanley have slid today during volatile trading, despite credit default swap (CDS) spreads on the two firms marginally narrowing .
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
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