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.

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