Risk Moment RES (Free subscription) | 07/21/2008
Banker Leaves Goldman Sachs To Aid Paulson By DENNIS K. BERMAN July 21, 2008 Goldman Sachs Group Inc.’s most senior financial-institutions banker, Ken Wilson, is temporarily leaving the firm to advise Treasury Secretary Henry Paulson on how to resolve the country’s banking crisis, according to people familiar with the matter. Reuters Ken Wilson speaks to reporters in New...
The Earth Times Online Newspaper (Free subscription) | 18 hours ago
NEW YORK (Reuters) - Citigroup Inc agreed to pay departing executive Michael Klein about $42.6 million, a person familiar with the matter said on Friday.
Seattle Post-Intelligencer (Free subscription) | 07/24/2008
... which includes eliminating more than 10,000 positions.Steel, a former Treasury undersecretary and Goldman Sachs Group Inc. executive, was hired July 9 to lead Wachovia. He succeeded Ken Thompson, who was ousted by the bank's board in June.Wachovia's shares rallied 27 percent on Tuesday after Steel detailed plans to improve the bank's performance. Its shares continued to climb...
Reuters (Free subscription) | 07/22/2008
(Reuters) - Lehman Brothers Holdings Inc hired Julian Cheong, a managing director at rival Goldman Sachs Group Inc , as co-head of its financial institutions group for Asia-Pacific, the Wall Street Journal said on Tuesday, citing people familiar with the situation.
The Earth Times Online Newspaper (Free subscription) | 07/22/2008
(Reuters) - Lehman Brothers Holdings Inc hired Julian Cheong, a managing director at rival Goldman Sachs Group Inc , as co-head of its financial institutions group for Asia-Pacific, the Wall Street Journal said on Tuesday, citing people familiar with the situation.
Shariah Finance Watch (Free subscription) | 07/23/2008
... of a Manhattan landmark by Middle East investors in as many months. In June, a Dubai fund and Goldman Sachs Group Inc. bought the General Motors Building. Such purchases would seem to be the latest wave of cash- flush foreigners buying America’s architectural jewels. An earlier wave in the 1980s had Japanese grabbing Rockefeller Center, Universal Studios and Pebble Beach golf...
CBS 4 - South Florida's Source for (Free subscription) | 07/22/2008
... or $1.27 per share. Second quarter results include the bank's October acquisition of A.G. Edwards Inc. Analysts on average expected a loss of 78 cents per share on revenue of almost $8.4 billion. The Charlotte-based bank cut its quarterly dividend to 5 cents per share from 37.5 cents, which will conserve approximately $700 million of capital per quarter. Late Monday, Wachovia announced plans...
Business Times Asiaone (Free subscription) | 07/21/2008
(BANGALORE) Goldman Sachs Group Inc's Ken Wilson will temporarily leave the firm to advise US Treasury Secretary Henry Paulson on how to resolve the country's banking crisis, the Wall Street Journal said, citing people familiar with the matter.
The Earth Times Online Newspaper (Free subscription) | 07/21/2008
NEW YORK (Reuters) - Senior Goldman Sachs Group Inc investment banker Kendrick Wilson will take a leave of absence to advise U.S. Treasury Secretary Henry Paulson on the nation's banking crisis, people familiar with the matter said on Monday.
The Earth Times Online Newspaper (Free subscription) | 07/21/2008
(Reuters) - Goldman Sachs Group Inc's Ken Wilson will temporarily leave the firm to advise U.S. Treasury Secretary Henry Paulson on how to resolve the country's banking crisis, the Wall Street Journal said, citing people familiar with the matter.
Reuters (Free subscription) | 07/21/2008
(Reuters) - Goldman Sachs Group Inc's Ken Wilson will temporarily leave the firm to advise U.S. Treasury Secretary Henry Paulson on how to resolve the country's banking crisis, the Wall Street Journal said, citing people familiar with the matter.
Los Angeles Times (Free subscription) | 07/22/2008
... or $1.27 per share. Second quarter results include the bank's October acquisition of A.G. Edwards Inc.Analysts on average expected a loss of 78 cents per share on revenue of almost $8.4 billion.The Charlotte-based bank cut its quarterly dividend to 5 cents per share from 37.5 cents, which will conserve approximately $700 million of capital per quarter.Late Monday, Wachovia announced plans...
kansascity.com (Free subscription) | 07/22/2008
... said.Earlier this month, Wachovia hired Robert Steel, former Treasury Undersecretary and Goldman Sachs Group Inc. executive, as its new CEO. Within a week of being on the job, the bank's shares tumbled to a new 17-year low.Steel succeeds Ken Thompson, a chief executive officer who was ousted by the bank's board in June after a series of missteps, including the decision to buy...
CNNMoney.com (Free subscription) | 07/22/2008
... said. Earlier this month, Wachovia hired Robert Steel, former Treasury Undersecretary and Goldman Sachs Group Inc. executive, as its new CEO. Within a week of being on the job, the bank's shares tumbled to a new 17-year low. Steel succeeds Ken Thompson, a chief executive officer who was ousted by the bank's board in June after a series of missteps, including the decision to...
SignalBlog (Free subscription) | 07/22/2008
... said. Earlier this month, Wachovia hired Robert Steel, former Treasury Undersecretary and Goldman Sachs Group Inc. executive, as its new CEO. Within a week of being on the job, the bank’s shares tumbled to a new 17-year low. Steel succeeds Ken Thompson, a chief executive officer who was ousted by the bank’s board in June after a series of missteps, including the decision to...
