Goldman Sachs
American investment bank
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April 2025 | Goldman Sachs finalizes the sale of its Russian business to Armenian firm Balchug Capital, following a decree by President Vladimir Putin. |
April 2025 | Goldman Sachs lowered its 12-month forecast for Europe's STOXX 600 index from 580 to 570 points, citing concerns over potential global tariffs, and revised down European earnings per share estimates. |
February 2025 | Goldman Sachs resumes offering clients non-deliverable forwards (NDFs) linked to the Russian ruble. |
February 2025 | Kirill Dmitriev is appointed Special Representative of the Russian President for Investment and Economic Cooperation. |
February 11 2025 | Goldman Sachs terminated its commitment to diversity requirements for board composition in companies going public, rolling back previous diversity, equity, and inclusion (DEI) initiatives. |
January 2025 | Goldman Sachs CEO David Solomon suggested the credit-card partnership with Apple may end before its 2030 contract expiration. |
February 2024 | Goldman Sachs expanded its economic reach through Rhythm Energy, a Texas-based independent energy provider linked to electricity networks serving 190 million Americans. |
January 2024 | Goldman Sachs invested ₹72 crore (₹720,000,000) for 15 lakh (1,500,000) shares in Medi Assist Healthcare. |
2022 | Reynolds Consumer Products and other direct transacting plaintiffs settled their case with Goldman Sachs and JPMorgan Chase. |
September 2022 | Goldman Sachs announced layoffs of hundreds of employees across the company, reportedly due to reduced earnings. |
June 2022 | Goldman Sachs offered its first derivatives product linked to Ether (ETH) and became an official partner of McLaren. |
March 2022 | Goldman Sachs began winding down its business in Russia due to sanctions following the Russian invasion of Ukraine. |
March 2022 | Goldman Sachs acquired NextCapital Group, a Chicago-based digital retirement advice provider. |
2021 | Judge Paul A. Engelmayer dismissed the case, though allowing some plaintiffs to pursue claims. |
September 2021 | Goldman Sachs announced the acquisition of GreenSky for approximately $2.24 billion. |
August 2021 | Goldman Sachs announced the acquisition of NN Investment Partners for €1.7 billion, which managed US$335 billion in assets. |
2020 | Paulson & Co. became a private company focused on managing family money, marking the end of its previous operational structure. |
October 2020 | Goldman Sachs agreed to pay more than $2.9 billion in fines for charges related to the 1MDB scandal in other countries, with over $2 billion imposed in the US. |
July 2020 | Goldman Sachs agreed to a $3.9 billion settlement in Malaysia for criminal charges related to the 1Malaysia Development Berhad (1MDB) scandal. |
July 1 2020 | Goldman Sachs implemented a policy requiring at least one diverse board candidate (focusing on women) for companies going public in the US and Europe. |
June 2020 | Goldman Sachs introduced a new corporate typeface called Goldman Sans, which was freely available but initially had a controversial license prohibiting disparagement of the company. |
2019 | Asahi Pompey was added as President, with John F. W. Rogers continuing as Chair of the foundation. |
2019 | The 2nd U.S. Circuit Court of Appeals in Manhattan revived the previously dismissed legal case against Goldman Sachs. |
2019 | Gupta's insider trading conviction was upheld by the courts after he challenged it. |
January 2017 | Dina Habib Powell stepped down as foundation president, later becoming a Deputy National Security Advisor. |
January 2016 | Rajat Gupta was released from prison to serve the remainder of his sentence at home. |
March 2015 | A legal case against Goldman Sachs and other companies for alleged anti-trust violations in metal warehousing was initially dismissed by United States District Court Judge Katherine B. Forrest. |
December 2014 | Goldman Sachs sold its aluminum warehousing business to Ruben Brothers. |
August 2013 | The federal Commodity Futures Trading Commission subpoenaed Goldman Sachs to investigate complaints about intentional delays and price inflation in its metals warehouses. |
July 2013 | The New York Times published an article by David Kocieniewski accusing Goldman Sachs of manipulating aluminum markets by causing extensive delivery delays through its warehouse ownership. |
October 2012 | Rajat Gupta was sentenced to two years in prison, an additional year of supervised release, and ordered to pay $5 million in fines for insider trading. |
June 2012 | Rajat Gupta was convicted on four criminal felony counts of conspiracy and securities fraud related to insider trading. |
2011 | Kirill Dmitriev becomes CEO of the Russian Direct Investment Fund after working at Goldman Sachs. |
2010 | Goldman Sachs purchased Metro International, an aluminum warehousing company, which led to significant changes in aluminum supply and warehouse wait times. |
April 2010 | Goldman Sachs director Rajat Gupta was named in an insider-trading case for allegedly informing Raj Rajaratnam about the $5 billion Berkshire Hathaway investment during the 2008 financial crisis. |
January 2010 | Stephanie Bell-Rose concluded her presidency of the foundation, and was succeeded by Dina Habib Powell. |
This contents of the box above is based on material from the Wikipedia articles Goldman Sachs, Goldman Sachs controversies, SEC v. Goldman Sachs ABACUS & Goldman Sachs Foundation, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.