The share price of Vodafone Idea dropped by 14% on Friday, reaching a low of Rs 12.91 from the previous day’s close of Rs 15.09. This decline followed a target price of Rs 2.5 set by global brokerage firm Goldman Sachs, which also signaled a potential downside of up to 83%. Based on the recent … Read more
A Goldman Sachs bet put in place in 2021 on lending to private funds has helped drive record revenues in fixed-income financing. Now, the Wall Street bank is pushing even deeper into the growing but risky market. The fund finance unit, housed in the bank’s global banking and markets division, lends money secured by different … Read more
New York: Goldman Sachs Group’s head of global currency, rates and emerging-markets strategy says he’s learned two main main lessons from one of the biggest – and most-common – bad calls of 2023: the bet on post-pandemic China’s reopening boom. At the beginning of the year, Goldman was among the chorus of Wall Street banks … Read more
