The two firms have signed a $1 billion private credit deal.

Revenues rose seven percent to $11.3 billion.

Shein was valued at $66 billion earlier this year.

Dubai, UAE - The Barclay family is reportedly making a bid to regain control of the Telegraph newspaper group. Months after relinquishing ownership due to financial struggles, the family is said to be enlisting support from investors based in the United Arab Emirates (UAE) to facilitate their comeback, Guardian newspaper...

Legal assistants, programmers, accountants and financial advisors are among those professions feeling threatened by generative AI.

The new figure comes as Turkey radically shifts its policies since the May election that includes an end to more than a two-year era of ultra-low interest rates. Last week, the central bank revised its year-end inflation forecast to 58 percent from 22.3 percent after years of doubts from independent...

Profit fell due to anemic M&A market, weakness in trading.

The portfolio comprises 27 hotels across Japan.

Hafize Gaye Erkan -- whose appointment was published in the official gazette on Friday -- has taken over the post from Sahap Kavcioglu. Under Kavcioglu's watch, the bank's policy rate was decreased to 8.5 percent. It had been at 19 percent in 2021.

BERLIN, GERMANY -  The European Central Bank (ECB) has fined US financial giant Goldman Sachs US$7.2 million (6.63 million euros) for misreporting its capital needs, it said on Monday. Goldman Sachs Bank Europe was found to have "breached credit risk reporting rules" in 2019, 2020 and 2021, the ECB said in...

Goldman has been criticized over its multiple roles with SVB, in which it was both advising the California bank and purchasing distressed debt in a deal that ultimately played a central role in SVB's collapse. SVB was seized by federal banking regulators on March 10 following a run on deposits...

The bank's shares dropped 3.7% to $327 in pre-market trading.

The Fed had unveiled the scheme alongside the Treasury and the Federal Deposit Insurance Corporation on Sunday night, as authorities looked to prevent other banks from running into the liquidity issues that ultimately doomed California's SVB. According to data made available Thursday, the Fed drew an additional $152 billion in...

Goldman's staff stood at 49,100 at the end of October, up nearly 30 percent from the end of 2019 after hiring campaigns and acquisitions. The planned job cuts come as Goldman Sachs and other investment banks have seen a big drop in fees tied to initial public offerings and described...

The bank's revenues declined 12 percent to $12 billion.

Its share will be available in the price range of $24-$27.

"On our pricing model, such a release would be worth less than $2/bbl, significantly less than the $8/bbl sell-off that occurred since late October," the bank said in a note.

Goldman Sachs, the US investment bank, has estimated that the restructuring of Lebanon’s financial system would leave the crisis-prone banks of the country with total losses of up to $65 billion, and might lead to insolvency.

Goldman raises Saudi growth forecast for GDP to 4.5% this year, compared to an earlier 2.5% Kingdom's overall economic activity accelerated notably in manufacturing, finance and construction US investment bank Goldman Sachs has significantly raised its expectations for Saudi Arabia's oil production and economic growth this year and in 2022...

Goldman Sachs believes rollouts of more vaccination against Covid around the world could boost economic activity and demand for oil