Intel Funds $100 MN in OpenStack Software to Aid Enterprise Operations

Intel Funds $100 MN in OpenStack Software to Aid Enterprise Operations

By Anna Domanska - Aug 24, 2015

Intel Corp. is participating to fund for free software designed to help enterprises achieve all kinds of benefit provided by cloud services from Google Inc., Amazon Inc., or Micros

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Goldman Sachs Takes Over GE Capital’s Online Deposit Platform

Goldman Sachs Takes Over GE Capital’s Online Deposit Platform

By Anna Domanska - Aug 14, 2015

Goldman Sachs Group Inc has agreed to buy General Electric Co.’s online deposit platform that worth for about $US16 billion of deposit. The recent deal is the latest one of Gener

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Goldman Sachs to settle Forex lawsuit for $130 million

Goldman Sachs to settle Forex lawsuit for $130 million

By Christy Gren - May 09, 2015

Goldman Sachs will settle Forex lawsuit by private investors for a sum of $130 million. The lawsuit accused traders at dozen banks for rigging price, and others for manipulating fo

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FoodPanda raises $100MN led by Goldman Sachs and Rocket Internet

FoodPanda raises $100MN led by Goldman Sachs and Rocket Internet

By Carrie Ann - May 02, 2015

A German-Berlin based global online food delivery portal company, FoodPanda /HelloFood raised USD 100 millions led by Goldman Sachs Investment Company and other existing investors

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Dudley Warns U.S. Banks to Curb Culture that Breeds Misdeeds or Be Broken Up

Dudley Warns U.S. Banks to Curb Culture that Breeds Misdeeds or Be Broken Up

By Anna Domanska - Oct 21, 2014

William C. Dudley, president of the Federal Reserve Bank of New York, has warned banks to change the way employees are compensated and to undertake a few more measures to fix their

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Virginia Sues 13 Banks for $1.15Billion over alleged Mortgage Bond Fraud

Virginia Sues 13 Banks for $1.15Billion over alleged Mortgage Bond Fraud

By Christy Gren - Sep 17, 2014

Citigroup, Bank of America, Goldman Sachs Group, Barclays, HSBC and Royal Bank of Scotland are among 13 banks whose units were sued for $1.15bn by Virginia over sale of residential

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Fed Proposes Tougher “Capital Surcharge” for Lower Risk to Big Banks

Fed Proposes Tougher “Capital Surcharge” for Lower Risk to Big Banks

By Anna Domanska - Sep 10, 2014

The Federal Reserve plans to hit the biggest U.S. banks with a tougher version of capital surcharge than that agreed by international regulators, so they remain less of a “too bi

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Goldman Sachs Settles $3.15 Billion FHFA Lawsuit

Goldman Sachs Settles $3.15 Billion FHFA Lawsuit

By Carrie Ann - Aug 23, 2014

Goldman Sachs said on Friday that it has agreed to pay $3.15 billion, its largest bill yet to resolve a government lawsuit related to the financial crisis. The settlement is said

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Wall Street Millennial Bankers Wages to Rise Again: Sources

Wall Street Millennial Bankers Wages to Rise Again: Sources

By Carrie Ann - Aug 21, 2014

Wall Street banks are currently under pressure to improve working conditions of a new generation of bankers to fight defection and are thus raising salaries and limiting working. B

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