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Goldman busts profits forecasts but Citi struggles Blankfein calls for re-think of bonuses Goldman Sachs is making daily profits of $100m Goldman paves the way for return of mega bonuses

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Mervyn’s Premier kicking for banks

22.10.09
Bank of England Governor Mervyn King certainly grabbed the limelight with his Churchillian language about the banking crisis and bailout... more

Goldman workers to get £432,000 bonus after bumper profits

15.10.09
Investment bank Goldman Sachs sparks fresh outrage over City pay when it revealed that its staff are in line for salary and bonus payouts averaging £432,000... more

Goldman busts profits forecasts but Citi struggles

15.10.09
Goldman Sachs, the world's most profitable investment bank, smashed Wall Street's forecasts for its third-quarter earnings with huge profits made from trading and holding investments on its own books... more

JPMorgan’s London head slams ‘greed’ of bankers

28.09.09
One of the most senior investment bankers in London has weighed in on the controversy over pay in the industry, attacking City and Wall Street employees as “greedy” and “inept”... more

Blankfein calls for re-think of bonuses

09.09.09
Outsize banker bonuses came under fire from an unlikely source today — the chief executive of Goldman Sachs ... more

A Budget carrot turns out rotten

24.08.09
No sooner do we have the flop that is the national apprenticeship scheme, fronted by Lord Sugar, than comes news of another failed Government initiative... more

City Spy: Cobra boss and a tear-jerking tale

18.08.09
IT’S not often that City Spy is reduced to tears but Lord Bilimoria’s travails after putting his Cobra Beer business into a pre-pack administration (the brewer has been sold to Molson Coors, Bilimoria keeps 49.9% and most of the creditors who are owed £71 million are out of pocket), provoke great waves of sympathy ... more

Rats! KPMG grabs account from PwC

11.08.09
It's war. KPMG has just nabbed Rentokil’s lucrative contract for internal auditing from arch rival PricewaterhouseCoopers — by offering a 30% discount to the PwC price... more

Paulson calls to Blankfein before government bailout

10.08.09
Former US Treasury Secretary Hank Paulson spoke to Goldman Sachs’ chief executive, Lloyd Blankfein, two dozen times in the week last September when insurer American International Group, Goldman’s trading partner, was bailed out with government funds ... more

Goldman Sachs is making daily profits of $100m

05.08.09
Goldman Sachs traders in London and New York made a daily profit of more than $100million (£58.8 million) on an astonishing 46 days during the past quarter... more

Baroness Scotland changes her tune...

05.08.09
Raised eyebrows in the Treasury at the interview with Baroness Scotland, the attorney-general, in the Financial Times. She is keen to get across just how determined she is to crack down on financial crime ... ... more

City Spy: For Carter's pal, no wheat - just chaff

23.07.09
What do government ministers do with their time? It's a moot question, given the state the country is in, but some clue comes from the exchange of emails between the recently departed communications minister Lord Carter and his former employer, Brunswick ... more

City Spy: The rail truth is hard to track down

17.07.09
The bickering between British Airways and Virgin Atlantic continues. BA chairman Martin Broughton ridiculed Sir Richard Branson this week for the Virgin knight’s call for the Government not to bail out BA... ... more

Goldman staff in line for average £430,000 payout

02.07.09
Goldman Sachs is on course to hand staff $20 billion in pay and bonuses this year, a record $700,000 (£430,000) per employee ... more

Post-crisis bankin' just got a whole lot 'funner'

11.06.09
Strange noises are emanating from America's banking industry as it undergoes its post-crisis makeover. Wall Street's titans are rejoicing at repaying the money lent to them by the government at the height of the crisis late last year ... more

Goldman paves the way for return of mega bonuses

14.04.09
Banks are poised to start handing out multi-million-pound bonuses despite claims that excessive pay helped to fuel the global financial crisis... more

Goldman boss says public are 'angry'

11.02.09
Banking: Goldman Sachs chief Lloyd Blankfein is the latest leader of a major financial firm to acknowledge the growing public loathing of bankers... more

Bank boss: We deserve bonus

09.02.09
The head of Barclays has defended the bank’s decision to pay hundreds of millions of pounds in bonuses... more

Bonus shock at Morgan Stanley after $2.2bn loss

17.12.08
Into the red for just the second time in 20 years, bank pledged to take back payments from staff if they do anything wrong... more

Goldman hit by a $2.12bn loss and cuts staff bonus

16.12.08
Banking: Goldman Sachs crashed to its first quarterly loss as a public company and slashed bonus payments for staff... more

They bought a dream, he Madoff with their money

16.12.08
One of the enduring myths about money management is that it should be complicated. Bernard Madoff, the 70-year-old twisted genius behind what may be the biggest investment scam ever, played up to this notion brilliantly... more

The City faces up to a new age of moral capitalism

21.11.08
The decision by top banking executives not to take their bonuses could signal the end of ‘greed is good’ and herald a kinder, caring era... more

City is biggest recession victim as new cull looms

17.11.08
Credit crunch: The City faces more grim news this week as it emerged that JPMorgan is drawing up plans to cut thousands of jobs across its global operations from the beginning of next year... more

Goldman chiefs must keep 90 per cent of their shares

03.10.08
Goldman Sachs' top four executives will have to hold on to 90% of the shares they own in the firm as part of the deal to raise money from Warren Buffett's Berkshire Hathaway... more

Looking on bright side of carnage on Wall St

22.09.08
Analysis: One of life's rules is that there's bad in good and good in bad. The total collapse of the US financial system is no exception. Even in the midst of the current financial despair, we can look around and identify many collateral benefits... more

The options: Defy the doomsayers or head for the East?

18.09.08
... more

Goldman slides 70% to £454m

16.09.08
Goldman Sachs belatedly joins the melée in the financial markets, reporting a 70% slump in profits... more

Worst house prices fall for 18 years

28.08.08
The property market faces a full-scale collapse with house prices tumbling by more than 10 per cent a year for the first time since 1990... more

Pay and profits cut at crunch-hit Goldman

17.06.08
Workers at the bank have taken a pay cut of 18% in the last 12 months, down to an average of £73,611... more

Pay and profits cut at crunch-hit Goldman

17.06.08
Workers at the bank have taken a pay cut of 18% in the last 12 months, down to an average of £73,611... more

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