Goldman Sachs News

Goldman Sachs Attempted to Cover Up Sexual Misconduct, Lawsuit Claims

Goldman Sachs Group Inc attempted to cover up allegations of workplace sexual misconduct by the bank’s global head of litigation, a lawsuit filed on Monday in New York State Supreme Court claimed. The lawsuit was filed by Marla Crawford, a …

After Data Hack, Capital One Brings in Goldman’s Cyber Chief For Cleanup

One of Wall Street’s top cybersecurity czars is leaving Goldman Sachs Group Inc. to help take charge of the cleanup at Capital One Financial Corp., which was left reeling after one of the largest data breaches at a major U.S. …

Therapy in the Office: Banks Take Mental Health Fight In-House

LONDON – In ‘Billions’, a U.S. television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist. In real life, finance professionals are rarely so open about seeking psychological …

Goldman Must Pay Legal Fees for Ex-Programmer Accused of Theft

Goldman Sachs Group Inc must pay some legal fees incurred by a former computer programmer accused of stealing code from the bank because his title of vice president made him a bank officer at the time, a New Jersey federal …

Goldman Sees Worst Floods Sowing Cat-Bond Demand

Canada’s banking regulator is urging insurers to sell catastrophe bonds for the first time to cut the risk of natural disasters such as the record floods that inundated swathes of downtown Calgary in June. Climate changes are making weather-related losses …