Goldman Sachs
World Cup trades hit fever pitch
As the dust settles on the World Cup and those that bought televisions on the basis that their national football team would win the tournament wonder how to match their rash expenditure with reality, Richard Jory reviews the copious research supporting…
Asian demand spurs commodities boom
Asian demand for commodities continues to be insatiable. Alex Davis looks at how western investment banks are looking to take advantage of the opportunities presented by the growth
Meucci and Litterman promise new portfolio system for new hedge fund
Bloomberg risk specialist Attilo Meucci has joined Bob Litterman and two ex-Goldman Sachs colleagues at a new hedge fund.
Spotlight on Goldman
The US Securities and Exchange Commission filed a lawsuit against Goldman Sachs in April, alleging it had misled clients by not disclosing that a major hedge fund had helped select the underlying assets in a collateralised debt obligation and was…
Goldman preps for reputational fallout from CDO lawsuits
SEC civil action could prompt deluge of shareholder actions
Goldman Sachs to pay $450,000 fine for illegal short-selling
Bank's systems fail to comply with US regulations to control naked shorting
Governance returns
Excessive risk-taking was a major cause of the recent meltdown in the financial markets. Time, then, for corporate governance to return in force
Goldman lawsuit ratchets up pressure on banks to get their house in order
The US Securities and Exchange Commission’s lawsuit against Goldman Sachs for allegedly misleading clients has provoked widespread vilification of the bank. But is it reasonable to expect ethical conduct by investment banks to extend beyond legal…
Dealers prepping new CDOs
Despite growing risk aversion in the credit markets, behind the scenes dealers are working on new issues of collateralised debt obligations.
Goldman CDO suit throws focus on collateral manager conflicts
Goldman Sachs fraud allegations show portfolio managers credit selection interests are often not aligned with benefiting CDO note-holders, say lawyers.
Asia Risk commodity derivatives rankings 2010
Goldman takes the commodity derivatives crown
Responding to data theft
Secrets and lies
Credit spreads widen on Greece concerns
The positive sentiment caused by good Q1 results has faded as sovereign woes and the Goldman Sachs lawsuit weighed heavily on credit investors.
Where to from here?
Editor Victoria Tozer-Pennington reviews the op risk events from the month that range from volcanic ash clouds to civil fraud.
Product review: A Goldman Sachs long player
Goldman Sachs is offering US investors a long play on the S&P 500 as well as some regular coupon income. The annual coupon and long product term provide a considerable buffer before capital is lost. Returns are uncapped, but the eight-year and seven…
Risk.net readers back California's CDS reporting demand
A recent online poll found a small majority backing California's demand for banks to reveal their involvement in the state's credit default swaps.
Goldman charged over CDO role
The US Securities and Exchange Commission filed a lawsuit against Goldman Sachs in April, alleging the firm misled clients. Some observers suggest the action may not be successful, but criticise Goldman’s behaviour. By Mark Pengelly and Duncan Wood