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Showing 441 - 450 of 773 results for "Goldman Sac"

Offshore tax havens bank $32tr: report

BEN COLLINS  |  MONDAY, 23 JUL 2012
A recent report has found that ultra high net worth people around the world may be holding as much as $32 trillion in offshore tax havens, depriving governments worldwide of as much as $250bn in tax revenues every year. The report's author told the ...

Goldman Sachs focuses on HNW with private bank

MELANIE TIMBRELL  |  FRIDAY, 20 JUL 2012
Goldman Sachs is building out its private bank from the US to target wealthy clients in a number of locations including Europe. Agence France-Presse reported that David Viniar, chief financial officer for the bank said the in-house private bank was ...

State Street acquires GS hedge fund admin services

MELANIE TIMBRELL  |  WEDNESDAY, 18 JUL 2012
State Street Corporation has agreed to acquire Goldman Sachs' US hedge fund administration services in a cash transaction worth approximately US$550 million. The transaction is due to be finalised early in the fourth quarter of 2012 with State Street ...

Northern Trust continues expansion

BEN COLLINS  |  TUESDAY, 17 JUL 2012
Northern Trust has reaffirmed Australian expansion plans, with a new hires in its Melbourne office. Christopher Thomson has joined as a business development manager, in line with plans for 54% staff growth in 2012. Northern Trust said that Thomson's ...

BRICs plus four will drive world investment returns

ALEX DUNNIN  |  TUESDAY, 17 JUL 2012
Getting exposure to global growth economies through proxy companies listed on developed world exchanges is old world thinking that has run its course, according Goldman Sachs. These growth markets include the BRIC economies of Brazil, Russia, India ...

Macquarie Private expands adviser team

MELANIE TIMBRELL  |  MONDAY, 16 JUL 2012
Macquarie Private Wealth has appointed 13 new advisers across six state offices in a drive to expand the national team, drawing strongly on the three-year-old Morgan Stanley Smith Barney network. The Queensland team has received the most significant ...

Dutch pension fund files against GSAM

MELANIE TIMBRELL  |  TUESDAY, 10 JUL 2012
The Dutch transport workers' pension fund Pensioenfonds Vervoer has filed claims against ex-manager Goldman Sachs Asset Management International alleging negligence resulting in investment losses. Lawyers for the pension fund said the claims total 240 ...

GS, Citi appointed for NSW elec, coal mine sales

MELANIE TIMBRELL  |  MONDAY, 9 JUL 2012
Goldman Sachs will advise the NSW government on the $3bn sale of the State's electricity generators while Citigroup will act as specialist financial adviser on the sale or lease of the Cobbora coal mine development. "The sale of the State's electricity ...

Perpetual sells registry business

BEN COLLINS  |  TUESDAY, 3 JUL 2012
Perpetual has sold its registry business to specialist back-office administrator MainstreamBPO as part of its wider restructure. A perpetual spokesperson said that "it was clear that the technology investment required to grow this business ourselves ...

Real estate suffers as Europe goes DC

MELANIE TIMBRELL  |  FRIDAY, 29 JUN 2012
Real estate allocations in European pension funds are now bordering on negligible amid a European shift away from defined benefit schemes, according to Goldman Sachs Asset Management. Paul Trickett, head of global portfolio solutions at GSAM told a ...