Refiner Eneos to buy Japan Renewable Energy for $1.8 billion

Refiner Eneos to buy Japan Renewable Energy for $1.8 billion

By Christy Gren - Oct 11, 2021

Eneos Holdings, Inc., Japan’s biggest refiner, announced Monday it would buy Japan Renewable Energy (JRE) for $1.8 billion to expand its low-carbon businesses.

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Evergrande: A black swan event that could spook markets

Evergrande: A black swan event that could spook markets

By Anna Domanska - Sep 20, 2021

EverGrande is now known as the “world’s most indebted property developer” and serves as a symbol of corporate excess.

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Amazon, Ford Backed EV manufacturer Rivian files for IPO

Amazon, Ford Backed EV manufacturer Rivian files for IPO

By Anna Domanska - Aug 30, 2021

Rivian, the electric vehicle startup, has filed confidentially for an initial public offering (IPO), seeking a valuation of more than $70bn. There is no clarity on how much they ar

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Deutsche Bank pays Spanish wine company $12m for mis-selling forex derivatives

Deutsche Bank pays Spanish wine company $12m for mis-selling forex derivatives

By Anna Domanska - Jun 28, 2021

Deutsche Bank has compensated Spanish wine-making company J Garcia Carrion with €10m ($12 million) for the alleged losses it suffered in purchasing foreign exchange derivates fro

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Goldman Sachs invests $69 million in fintech Starling

Goldman Sachs invests $69 million in fintech Starling

By Anna Domanska - Apr 19, 2021

Goldman Sachs Growth Equity has invested £50 million ($69 million) in UK digital bank, Starling. The investment is in addition to the bank’s oversubscribed £272 million Ser

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Major US banks report surge in profits for the quarter

Major US banks report surge in profits for the quarter

By Anna Domanska - Apr 16, 2021

Three major US banks —JPMorgan Chase & Co., Wells Fargo & Co. and Goldman Sachs Group Inc.—reported earnings results for the first quarter of 2021.

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Walmart poaches Goldman honchos to run financial arm Ribbit Capital

Walmart poaches Goldman honchos to run financial arm Ribbit Capital

By Christy Gren - Mar 01, 2021

Walmart Inc. has lured two Goldman Sachs top executives to run its fintech startup floated in conjunction with Ribbit Capital. Omer Ismail, the head of Goldman’s consumer ban

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Goldman Sachs to concentrate on consumer banking arm Marcus for growth

Goldman Sachs to concentrate on consumer banking arm Marcus for growth

By Anna Domanska - Jan 16, 2021

Goldman Sachs Group Inc. is firming up plans to bolster its consumer banking arm Marcus through acquisitions and concentrating on digital banking. Last year, the bank planned to ga

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Goldman Sachs Rides on back of Tesla Share Upswing, Makes $100million this Summer

Goldman Sachs Rides on back of Tesla Share Upswing, Makes $100million this Summer

By Christy Gren - Sep 22, 2020

Goldman Sachs made nearly $100 million off the Tesla share performance in the markets this summer.

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