Goldman Sachs is a global investment banking, security and investment management company. Its HQ is located in New York, US. Goldman Sachs is one of the largest investment banking enterprises in the world.
The European Ombudsman has called for a formal reassessment over the current position of former EU Commission president Jose Manuel Barroso at Goldman Sachs. Barroso was accused of ethics violation and conflict of interest.
The mass sell-off in the cryptocurrency market, which has lost nearly $500 billion of its value over the past month, could get a lot worse, according to the global head of investment research at Goldman Sachs.
The US banking giant Goldman Sachs bought $2.8 billion worth of bonds issued by the Venezuelan state oil firm PDVSA for just $865 million. However, what seemed to be a great deal, is now making Goldman's a loss.