PineBridge and Pictet increase exposure to China real estate on hopes of a recovery
HONG KONG, Jan. 18 (Reuters) – Global investors including PineBridge and Pictet are ramping up their exposure to Chinese real estate developers, betting that a slew of support measures for…
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Goldman misses earnings estimates as deal closings slump and consumer business hits
17 Jan. (Reuters) – Goldman Sachs Group Inc (GS.N) reported a larger-than-expected 69% drop in fourth-quarter earnings on Tuesday as it struggled with a slump in deal closings, a drop…
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Analysis: Bond traders are regaining their swagger in interest-obsessed markets
NEW YORK, January 17 (Reuters) – Bond traders are once again stars on Wall Street. Fixed income, currency and commodities (FICC) traders boosted bank profits last year despite bleak deal…
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Goldman is going to lay off thousands of employees as the number of layoffs on Wall Street increases
NEW YORK, Dec. 16 (Reuters) – Goldman Sachs Group Inc (GS.N) plans to lay off thousands of employees to navigate a tough economic environment, a source familiar with the matter…
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