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The Latest Breaking News from Goldman Sachs

DUBAI: Even as the global financial community contends with layoffs and lower bonuses, banking jobs remain plentiful and salaries are surging in one unexpected corner of the world: Saudi Arabia.

Bangkok Post

Society exposes us all to anti-Jewish tropes and attitudes. The first step is to notice them

The Richard Sharp cartoon caused deep distress because it heightenedthe feeling that others don’t understand or care about antisemitism.That must change, says Guardian columnist Jonathan Freedland

The Guardian - UK

Wall Street won't have its #MeToo moment after all

Lawsuits against Goldman Sachs and TCW were supposed to go to trial this spring. One has quietly settled, and the other is reportedly in talks to do so too.

Fortune

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Wall Street avoids a reckoning over #MeToo—and mandatory arbitration

TCW settles a long-simmering sexual harassment lawsuit, while Goldman Sachs looks to prevent a gender-bias trial.

Fortune

Guardian editor apologises to BBC chairman Richard Sharp over ‘antisemitic’ cartoon

The controversial piece depicted Mr Sharp, who is Jewish, with exaggeratedly large facial features

Evening Standard

An image that should never have been published, and lessons that must be learned

Errors led to the publication of a cartoon of BBC chairman Richard Sharp, its withdrawal and an apology, says Elisabeth Ribbans, the Guardian and Observer’s global readers’ editor

The Guardian - UK

Fed likely to hike rates again as bank fears resurface

WASHINGTON: The US Federal Reserve is widely expected to raise its benchmark lending rate for a 10th — and possibly final — time on Wednesday, as it aims to bring down inflation while preventing fresh banking concerns from spreading.

Bangkok Post

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Exclusive: A rare #MeToo lawsuit that could have exposed Wall Street's sexist culture just settled out of court

Sara Tirschwell’s five-year-old lawsuit against investment giant TCW was scheduled to go to trial this week. Now that will never happen.

Fortune

Guardian to meet Jewish group after fury over ‘anti-Semitic’ Sharp cartoon

The National Jewish Assembly has called for Guardian editor Katharine Viner and Mr Rowson to be dismissed

Evening Standard

Where’s your money? Your bank should be able to tell you

The recent bank failures may have felt like 2008 deja vu because they similarly expose the weak spots in the system that have not been resolved.

Fortune

Copper Falls Below $4 per Pound

Many market participants remain bullish on the prospects for copper prices as Goldman Sachs and other analysts continue to call the red industrial metal the new crude oil. Copper is a critical input in green energy initiatives, boosting demand in an environment where inventories have declined, and new production will…

Barchart

Richard Sharp is a public figure and fair game for satire. The use of antisemitic tropes is not

The Guardian was right to remove and delete the cartoon published on Saturday, says Dave Rich, head of policy at the Community Security Trust

The Guardian - UK

CIA chief and ex-White House counsel among figures who met Epstein after his conviction, report says

Documents seen by The Wall Street Journal indicate disgraced financier met with leading figures even after his conviction and jail term

The Independent UK

Sunak under pressure to stop choosing Tories for BBC jobs after Sharp row

Conservative party accused of undermining broadcaster by flooding it with cronies after chair’s resignation

The Guardian - UK

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Al Jazeera

BBC chief Richard Sharp quits over Boris Johnson loan scandal

Richard Sharp, outgoing chair of national broadcaster, is a former Goldman Sachs banker and Conservative Party donor.

The National (Scotland)

Rishi Sunak refuses to rule out giving BBC chair role to ANOTHER Tory donor

RISHI Sunak has refused to say that the next chair of the BBC will not be a Tory donor ...

The Guardian - UK

Who is Richard Sharp and why is he quitting the BBC?

How a £800k loan to Boris Johnson led to the downfall of the BBC chair

Evening Standard

Who is outgoing BBC chairman Richard Sharp, and what was the crisis that brought him down?

The former banker became embroiled in a cronyism row earlier this year over helping former prime minister Boris Johnson secure an £800,000 loan guarantee

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The Independent UK

Who is outgoing BBC chairman Richard Sharp?

The former banker has announced his resignation following a report by barrister Adam Heppinstall KC.

The Guardian - UK

Richard Sharp has friends everywhere – but ultimately left BBC on his own

Ex-banker who helped Boris Johnson secure £800,000 loan could not survive investigation into appointment as chair

Fortune

Goldman Sachs says there are 116 stocks, including Nvidia and FedEx, that are vulnerable to an activist attack. See the full list

The analysts found four financial variables that could prompt an activist attack.

Fortune

Goldman analysts say these red flags could make activist investors attack your company

New research examines shareholder activism campaigns launched since 2006.

Fortune

Morgan Stanley analysts think commercial real estate is heading for something ‘worse than in the Great Financial Crisis’—here’s what Goldman Sachs and UBS have to say

Commercial real estate headwinds—which are particularly strong in the office space sector—will increase the risk of defaults, distress, and delinquencies.

The Guardian - US

2023 Goldman environmental prize winners include Texas Gulf coast defender

Diane Wilson took on Formosa Plastics and won a $50m settlement to help clean up decades worth of toxic plastic waste

Fortune

Marcus by Goldman Sachs Review 2023

Marcus offers a mix of savings accounts, CDs, investment services, loans, and credit cards.

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