FierceFinance is the financial services daily monitor, with news covering the banking industry, asset management, capital markets and SEC regulations. Join
45,000+ bankers and fund managers who get FierceFinance via email for a quick daily briefing from an insider perspective. Sign up today!
The Teflon is wearing thin, and the credit crisis is sticking it to Goldman Sachs hard. We noted this week that at least one analyst now predicts a fourth quarter loss, which would be the firm's... Read more...
There have been conflicting reports as to how much money Goldman Sachs intends to raise for its splashy new hedge fund launch. Whether it's $6 billion or $10 billion or somewhere in between, it will... Read more...
The one area where Goldman Sachs has taken its lumps along with everyone else is hedge funds. The woes of its flagship Global Alpha and the bailed out Global Equity Opportunities Fund have been well... Read more...