Goldman Sachs Group, Inc. (NYSE:GS) has appointed Hidehiro Imatsu as the new president and representative director of Goldman Sachs Japan Co., Ltd. (“GSJCL”), with the effective date set for June 3, 2024. Imatsu, currently serving as co-head of Global Interest Rate Products Trading and co-head of the Asia Pacific Fixed Income, Currency and Commodities Franchise in Hong Kong, will retain these roles while taking on the new leadership position in Tokyo.In a statement, David Solomon, Chairman and Chief Executive Officer of Goldman Sachs, expressed confidence in Imatsu's...

Goldman Sachs' HBCU Market Madness competition concluded with Spelman College emerging victorious for the third time in four years, securing a $1 million grant. The event, which is part of the firm's HBCU Possibilities Program, saw finalists from Delaware State University, Florida A&M University, Howard University, and Spelman College present case studies to top Goldman Sachs and Nike executives.Megan Hogan, Goldman Sachs' global head of Talent and chief diversity officer, expressed admiration for the talent showcased by HBCU students during the competition, stating, "The...

NEW YORK, NY, April 16, 2024 - The Goldman Sachs Group, Inc. (NYSE: GS) has announced its plan to redeem all outstanding shares of its 6.375% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K ("Series K Preferred Stock") and the corresponding 28,000,000 depositary shares ("Depositary Shares") on May 17, 2024.According to The Goldman Sachs Group, Inc., "The Depositary Shares will be redeemed for a redemption price equal to $25 per Depositary Share (equivalent to $25,000 per share of Series K Preferred Stock) plus an amount equal to any dividends that have...

The Goldman Sachs Group, Inc. announced its financial results for the first quarter ended March 31, 2024. The company reported net revenues of $14.21 billion and net earnings of $4.13 billion. Diluted earnings per common share (EPS) were $11.58, with an annualized return on average common shareholders’ equity (ROE) of 14.8% for the first quarter of 2024.In a statement, David Solomon, Chairman and CEO of Goldman Sachs, expressed satisfaction with the quarterly performance, stating, “Our first quarter results reflect the strength of our world-class and interconnected...

Goldman Sachs Group, Inc. has announced dividends on various series of its non-cumulative preferred stock. The declaration includes dividends on different preferred stock series, with specific amounts allocated to each category.According to Goldman Sachs Group, Inc., the dividends declared are as follows:- "$385.79 per share of Floating Rate Non-Cumulative Preferred Stock, Series A;"- "$385.79 per share of Floating Rate Non-Cumulative Preferred Stock, Series C;"- "$380.90 per share of Floating Rate Non-Cumulative Preferred Stock, Series D;"- "$398.44 per share of...

The Goldman Sachs Foundation has announced the expansion of its 10,000 Women online business education course to a broader audience around the world, free of charge. The course, now available in Spanish and Portuguese, aims to support women entrepreneurs during the current global crisis."In response to the incredible strain that small businesses face right now, we are releasing our online course more broadly," said Charlotte Keenan, Global Head of 10,000 Women at Goldman Sachs. "Goldman Sachs is committed to ensuring that small businesses globally have the support they...

President Obama announced a number of public and private sector initiatives to support the deployment of solar power in the United States. As part of Goldman Sachs' existing commitment to finance and co-invest $40 billion over the next decade towards clean technology and renewables, the firm will target $10 billion for distributed generation renewables including solar in the US.This significant investment by Goldman Sachs aligns with the broader goal of increasing renewable energy adoption in the country. The focus on solar power reflects a strategic move towards...

Goldman Sachs Group, Inc. has announced a significant change in its leadership team, with Harvey M. Schwartz set to take over as Chief Financial Officer at the end of January 2013. This move comes as David Viniar, who has served as the Chief Financial Officer for 12 years, has decided to retire and join the Board of Directors as a non-independent director at that time. The firm also plans to appoint additional independent directors to its board in the near future.Lloyd C. Blankfein, Chairman and CEO of Goldman Sachs, expressed his confidence in the transition, stating,...

The Goldman Sachs Group, Inc. has announced that Gary Cohn, President and Chief Operating Officer, will be presenting at the Sanford C. Bernstein 2012 Annual Strategic Decisions Conference in New York City on Thursday, May 31, 2012, at 9:00 a.m. (EST).According to the press release, a live audio webcast of the presentation will be available on the Investor Relations section of the Goldman Sachs website at www.gs.com/shareholders. For those unable to listen live, a replay will be accessible on the website shortly after the event.Goldman Sachs, a prominent global...