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#Goldman Sachs Group Inc

Goldman Sachs launches green finance group with Beijing think tank

BEIJING (Reuters) - Goldman Sachs Group Inc and the International Finance Forum (IFF), a Beijing-headquartered think tank, launched a green finance working group on Saturday, the two said. The working group will facilitate dialogue on climate action among senior executives from global corporations and researchers from leading institutions, according to...
ECONOMY
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Goldman cuts US GDP forecast, saying Omicron is drag on growth

(Dec 4): Goldman Sachs Group Inc economists cut their forecasts for the US economy this year and next after deciding the spread of the omicron strain of the coronavirus would exert a “modest downside” drag on growth. In a weekend report to clients, economist Joseph Briggs said Goldman Sachs now...
BUSINESS
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chinadailyasia.com

Hong Kong's BEA weighs selling general insurer Blue Cross

Signage for Bank of East Asia Ltd (BEA) is displayed at a branch in Hong Kong on Feb 16, 2019. (ANTHONY KWAN / BLOOMBERG) Bank of East Asia Ltd is considering a sale of its general insurance business Blue Cross (Asia-Pacific) Insurance Ltd as it seeks to continue raising cash through the disposal of non-core assets, according to people familiar with the matter.
ECONOMY
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Oil Extends Gains After OPEC+ Takes Flexible Stance on Supply

(Bloomberg) -- Oil rose in early Asian trading after the OPEC+ alliance decided to keep restoring supply, but also said it could revisit the decision at any moment due to high levels of uncertainty in the market. West Texas Intermediate advanced as much as 2.2% after closing up 1.4% on...
ENERGY INDUSTRY
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Form 424B2 GOLDMAN SACHS GROUP INC

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. Filed Pursuant to Rule 424(b)(2) The notes do not bear interest. The notes will mature on the stated maturity date (December 8, 2023) unless they are automatically called on the call observation date (December 1, 2022). Your notes will be automatically called on the call observation date if the closing level of the S&P 500® Index on such date is greater than or equal to the initial index level of 4,567.00 (which level was set on November 30, 2021 and is higher than the closing level of the index on the trade date (December 1, 2021)), resulting in a payment on the call payment date (December 8, 2022) for each $1,000 face amount of your notes equal to $1,074.5.
ECONOMY

Goldman Sachs ups diversity targets as demographic data improves

Dec 2 (Reuters) - Goldman Sachs Group Inc (GS.N) on Thursday raised the number of diverse directors it wants on portfolio company boards, citing rising shareholder expectations and more demographic data showing who is who. Starting in March, Goldman Sachs Asset Management will expect companies whose shares it owns to...
BUSINESS
investing.com

Mexican Workers Abroad Keep Sending Record Cash Back Home

(Bloomberg) -- Mexico’s remittances reached another record in October, powered by the U.S. economic recovery and a weaker peso that encourages workers abroad to send money back home to support their families. Latin America’s second-largest economy posted $4.82 billion in money sent by Mexicans abroad in October, the biggest inflow...
ECONOMY
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