In Goldman Sachs Group Inc's most recent move to reinforce its road cred as a cool, tech-sagacious bank, it is holding its yearly shareholder meeting in San Francisco on Thursday. Goldman has been one of the top venture banks taking care of mergers and IPOs for the tech segment subsequent to the website blast of the 1990s. However, all the more as of late, the bank has been attempting to form...

The US Securities and Exchange Commission (SEC) ordered JPMorgan Chase to convey the conversation with Wang Qishan, one of seven members of the CPC Central Committee, in connection with the investigation relating to relatives of senior officials hired by the bank, writes The Financial Times. According to sources familiar with the investigation, SEC has asked JPMorgan to provide all April’s...

Of late, mergers and acquisitions have been taking place to rein in issues regarding cost of capital and company efficiency. Certain companies have gone on to acquire their own subsidiaries or MLPs to inspire stability within the company and also reliability for investors. The effects these moves might bring to the midstream space are now to be seen. New York – 27 May 2015 – According to...

Though controversial in nature, Dale’s “People Over Profit” imparts a strong message, wherein the author believes that “Generosity must be built in, not tacked on.” Thestrategist.media – 14 May 2015 – Evan Kirkpatrick, a contributor of Forbes, talks about a “serial entrepreneur”, Dale Partdge’s visions which he penned down in his newly published book titled: “People Over Profit”, wherein the...

The prompt rates growth in luxury sector get out of fashion. The five-year fast, despite consequences of financial crisis, increase in sales and profits was replaced by the delay reflecting the faded enthusiasm of Asian consumers, sharp jumps of exchange rates and geopolitical instability. Some of the largest companies from the sector, which recently had no visible cataclysms, are terrible...

Today it became known that the American cable operator Time Warner Cable concluded the bargain about the sale of the American Charter Communications. The amount of transaction made $78,5 billion. Time Warner Cable (TWC) reported on Tuesday about signing of the agreement with Charter Communications, behind which standing the main shareholder, media magnate John Malone. The entire transaction is...

Volumes of deliveries of Apple Watch will be twice lower than expected: analysts of KGI organization, famous for accuracy of forecasts, note decrease in interest to smart watches, and their production causes a number of technical problems. Experts believe that consumers do not accept the high price of the device, and also its ambiguous functionality and the field of application. According to the...

Canada-based smartphone maker Blackberry Ltd. has announced that it is cutting jobs at its offices around the world as it is working on a business consolidation plan.   The profits for the company through its smartphone business has dropped significantly over the past three years and this has forced the company to take over a consolidation plan. The cutbacks were announced so the company...

National Australia Bank is set to open its second branch in China.   The new branch of the bank will open in Beijing. The bank already has international operations in countries including New Zealand, United States and some parts of Europe as well as Asia. NAB is yet to get the regulatory approval from China Banking Regulatory Commission and is set to use the branch as a support for its...