goldman sachs press release

The Goldman Sachs Group, Inc. 200 West Street | New York, NY 10282 . More recently, the Firm has taken additional steps, including instituting new control procedures for higher risk sovereign-related financings and strengthening conduct oversight. STAMFORD, Conn., Nov. 23, 2020 /PRNewswire/ -- Synchrony (NYSE: SYF) Chief Executive Officer, Margaret M. Keane, and Executive Vice President and Chief Financial Officer, Brian … Press Release SEC Charges Former Goldman Sachs Executive With FCPA Violations. Announces Series of Fixed Income Investor Meetings (01/17/2020), Goldman Sachs BDC, Inc. and Goldman Sachs Middle Market Lending Corp. Provides Business Update Amid COVID-19 Exigency (03/19/2020), Goldman Sachs BDC, Inc. Private Securities Litigation Reform Act of 1995. Schedules Earnings Release and Conference Call to Announce Third Quarter 2017 Results (10/10/2017), Goldman Sachs BDC, Inc. Reports Second Quarter 2017 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (08/03/2017), Goldman Sachs BDC, Inc. This has been a long process and we are pleased to be putting these matters behind us. There are consequences for not getting it right and this settlement is an important acceptance of this fact. Washington D.C., Oct. 22, 2020 —. These clawbacks, forfeitures and compensation reductions will total approximately $174 million in the aggregate. This press release may contain forward-looking statements. Schedules Earnings Release and Conference Call to Announce Second Quarter 2016 Results (07/05/2016), Goldman Sachs BDC, Inc. Reports First Quarter 2016 Financial Results and Announces Second Quarter Dividend of $0.45 Per Share (05/09/2016), Goldman Sachs BDC, Inc. … Press Releases. Schedules Earnings Release and Conference Call to Announce First Quarter 2016 Results (04/07/2016), Goldman Sachs BDC, Inc. Reports Fourth Quarter 2015 Financial Results and Announces First Quarter 2016 Dividend of $0.45 Per Share, Goldman Sachs BDC, Inc. The recent acquisitions are located in Denver, … Several years ago, we began making significant enhancements to our compliance and internal controls. Kathy Matsui, Vice Chair of Goldman Sachs Japan, Co-Head of Macro Research in Asia and Chief Japan Equity Strategist, discusses the outlook for Japanese equities in 2021 on CNBC. Goldman Sachs BDC, Inc. Investor Contact: Florina Mendez, 917-343-7823 Media Contact: Patrick Scanlan, 212-902-6164 This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. The amounts the Firm is seeking to forfeit from these individuals total approximately $76 million, of which the Firm is currently holding approximately $24 million. The Securities and Exchange Commission today announced charges against The Goldman Sachs … Marcus by Goldman Sachs … As part of this effort, in February 2019, the Board announced that, given ongoing investigations related to 1MDB, it reserved the right to adjust certain compensation to past and current members of senior management when more information about 1MDB matters became available. Some error occurred. Contacts. The Board of Directors of The Goldman Sachs Group, Inc. has been engaged for more than five years with the senior management of the Firm on the matter of the underwriting of bonds associated with 1Malaysia Development Berhad (1MDB) that took place beginning eight years ago. Bhd. 2020-265. Note: Separate multiple email addresses with a comma or semicolon. Schedules Earnings Release and Conference Call to Announce First Quarter 2017 Results (04/17/2017), Goldman Sachs BDC, Inc. Reports Fourth Quarter 2016 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (02/28/2017), Goldman Sachs BDC, Inc. Announces Change to Virtual Meeting for the Special Meeting of Stockholders to be Held on October 2, 2020 (9/10/2020), Goldman Sachs BDC, Inc. Reports June 30, 2020 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (8/10/2020), Goldman Sachs BDC, Inc. We all share in the benefits when our colleagues perform well for our clients. First, as an organization that seeks to live up to a common set of ideals and values, we are responsible for each other’s actions. Further, while none of the past or current members of senior management were involved in or aware of the Firm’s participation in any illicit activity at the time the Firm arranged the bond transactions, the Board has determined that it is appropriate in light of the findings of the government and regulatory investigations and the magnitude of the total 1MDB settlement that compensation for certain past and current members of senior management be impacted. The Board and senior management will continue to focus on further strengthening and improving these. Schedules Earnings Release and Conference Call to Announce Fourth Quarter and Fiscal Year 2016 Results (01/31/2017), Goldman Sachs BDC, Inc. Reports Third Quarter 2016 Financial Results and Announces Fourth Quarter Dividend of $0.45 Per Share (11/03/2016), Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Fourth Quarter and Fiscal Year 2019 Results (01/22/2020), Goldman Sachs BDC, Inc. Today, Goldman Sachs announced settlements that resolve the government and regulatory investigations of the 1MDB matter. The Board’s announcement is an important reminder that we are all responsible for each other’s actions, including our collective failures. Closes Merger with Goldman Sachs Middle Market Lending Corp. (10/12/2020), Goldman Sachs BDC, Inc. To this end, the Board has been and continues to be focused on ensuring the proper controls and oversight are in place, repairing the reputational damage that has been done, and reinforcing the values the Firm aspires to live by. Second, we have to acknowledge where our firm fell short. The Board views the 1MDB matter as an institutional … Goldman Sachs & Dalfen Industrial Acquire 10 Last Mile Properties Canada NewsWire DALLAS, Dec. 9, 2020 DALLAS, Dec. 9, 2020 /CNW/ -- Goldman Sachs Merchant Banking Division … For those former employees implicated in the criminal scheme, the Firm has undertaken clawback actions to the full extent of its contractual entitlements with respect to three individuals: Tim Leissner, who has plead guilty to criminal charges; Ng Chong Hwa, who has been charged with the same crimes; and Andrea Vella, who has been prohibited by the Federal Reserve from participating in the banking industry. DALLAS, Dec. 9, 2020 /PRNewswire/ -- Goldman Sachs Merchant Banking Division & Dalfen Industrial purchased 10 last mile properties. NEW YORK, Dec. 2, 2020 /PRNewswire/ -- Todd Gibbons, Chief Executive Officer, and Emily Portney, Chief Financial Officer, will speak at the Goldman Sachs 2020 US Financial Services … The FCA and the Prudential Regulation Authority (PRA) have fined Goldman Sachs International (GSI) a total of £96.6 million (US$126 million) for risk management failures connected to 1Malaysia Development Berhad (1MDB) and its role in three fund raising transactions for 1MDB. PEMBROKE, Bermuda, Dec. 2, 2020/ PRNewswire/-- Athene Holding Ltd. will participate in the Goldman Sachs 2020 US Financial Services Virtual Conference on Wednesday, December 9, 2020. Provides Estimated March 31, 2020 Financial Results and Schedules Earnings Release and Conference Call to Announce First Quarter Results (04/20/2020), Goldman Sachs BDC, Inc. Favorably Amends Its Revolving Credit Facility (11/05/2015), Goldman Sachs BDC, Inc. The Firm is in active discussion with another of these retired senior executives, who also already received the 2011 award, about returning the majority of it as well. Forward-looking statements are not … Announce Amended and Restated Merger Agreement (6/11/2020), Goldman Sachs BDC, Inc. Reports March 31, 2020 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (5/11/2020), Goldman Sachs BDC, Inc. Goldman Sachs BDC, Inc. Investor Contact: Itai Baron, 212-855-9892 Media Contact: Patrick Scanlan, 212-902-6164 Schedules Earnings Release and Conference Call to Announce Third Quarter 2015 Results (10/06/2015), Goldman Sachs BDC, Inc. Appoints Ross J. Kari to the Board of Directors (08/06/2015), Goldman Sachs BDC, Inc. Reports Second Quarter 2015 Financial Results and Announces Third Quarter Dividend of $0.45 Per Share (08/06/2015), Goldman Sachs BDC, Inc. Receives Investment Grade Credit Rating from Standard & Poor’s (08/05/2015), Goldman Sachs BDC, Inc. The amounts for these five individuals represent a portion of the pre-tax value of these awards granted or paid, and total approximately $67 million. Goldman Sachs Announces Redemption of 2.35% Notes due November 15, 2021 and Floating Rate Notes due November 15, 2021 29 Oct 2020 Goldman Sachs to Present at the BancAnalysts … Contacts. Announces Public Reopening of Unsecured Convertible Notes (06/27/2018), Goldman Sachs BDC, Inc. Receives Investment Grade Rating from Fitch Ratings (06/18/2018), Goldman Sachs BDC, Inc. BP Adams Releases Statement On Report Of Possible Goldman Sachs Move Out Of New York City - Brooklyn, NY - "Yesterday's report that Goldman Sachs is looking to move its asset … That is more important than ever today. press release. Washington, D.C., July 15, 2010 — The Securities and Exchange Commission today announced that Goldman, Sachs & Co. will pay $550 million and reform its business practices to settle SEC charges that Goldman misled investors in a subprime mortgage product just as the U.S. housing market was starting to collapse.. We must always remain open to improvement, learn from our mistakes and accept the consequences when we fail. About … Please refresh the page and try again. Announce Stockholder Approval of Merger (10/02/2020), Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Second Quarter 2019 Results (07/15/2019), Goldman Sachs BDC, Inc. Reports March 31, 2019 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (05/09/2019), Goldman Sachs BDC, Inc. Today, our Board of Directors announced action with respect to past and current senior management compensation, among other areas of focus. COLUMBUS, Ga., Dec. 1, 2020 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today that President and Chief Operating Officer of Aflac Incorporated Frederick J. We must continue to hold ourselves to the highest standards, and each of us has a vital role to play. August 18th, 2020 Read More. Schedules Earnings Release and Conference Call to Announce Third Quarter 2020 Results (10/06/2020), Goldman Sachs BDC, Inc. and Goldman Sachs Middle Market Lending Corp. Schedules Earnings Release and Conference Call to Announce First Quarter 2019 Results (04/17/2019), Goldman Sachs BDC, Inc. Reports December 31, 2018 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (02/28/2019), Goldman Sachs BDC, Inc. More broadly, since the 1MDB transactions eight years ago, our Global Compliance Division has nearly doubled in size. About Goldman Sachs Merchant Banking Division ... Certain statements included in this press release may constitute “forward-looking statements” within the meaning of applicable … The Goldman Sachs Group Inc. (Goldman Sachs or the Company), a global financial institution headquartered in New York, New York, and Goldman Sachs (Malaysia) Sdn. But, we are not putting the lessons learned from this experience behind us. Related to this effort, we established an Insider Threat Program that leverages enhanced surveillance analytics to prevent and detect potentially harmful action by employees. Amends Its Revolving Credit Facility In Connection with Its Reduced Asset Coverage Requirement (09/17/2018), Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Fourth Quarter and Fiscal Year 2018 Results (02/05/2019), Goldman Sachs BDC, Inc. Reports Third Quarter 2018 Financial Results and Announces Quarterly Dividend of $0.45 Per Share, Goldman Sachs BDC, Inc. A special committee of the Board of Directors, comprised of the Lead Director and the Chairs of each of the Audit, Risk, Public Responsibilities and Compensation Committees of the Board, will oversee and review the remediation efforts arising out of the lessons of 1MDB. Schedules Earnings Release and Conference Call to Announce First Quarter 2018 Results (04/05/2018), Goldman Sachs BDC, Inc. Reports December 31, 2017 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (02/22/2018), Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Fourth Quarter and Fiscal Year 2015 Results (2/04/2016), Goldman Sachs BDC, Inc. Reports Third Quarter 2015 Financial Results and Announces Fourth Quarter Dividend of $0.45 Per Share (11/05/2015), Goldman Sachs BDC, Inc. Subsequent to the issuance of the firm's third quarter 2020 earnings release on October 14, 2020, the firm recorded an additional … Announces Jaime Ardila Named Chairman of the Board of Directors (12/07/2017), Goldman Sachs BDC, Inc. Reports Third Quarter 2017 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (11/02/2017), Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Second Quarter 2017 Results (07/06/2017), Goldman Sachs BDC, Inc. NEW YORK, May 14, 2020 – The Goldman Sachs Group, Inc. (NYSE: GS) today announced the 14 companies that have been selected to participate in the first Launch … These improvements include re-designing our framework for addressing reputational risk, including the creation of a Firmwide Reputational Risk Committee that is made up of predominantly control-side members who are empowered to stop any transaction. Schedules Earnings Release and Conference Call To Discuss Its First Quarter Ended March 31, 2015 Financial Results (04/20/2015), Goldman Sachs BDC, Inc. Your browser is out of date. Today, Goldman Sachs announced settlements that resolve the government and regulatory investigations of the 1MDB matter. Schedules Earnings Release and Conference Call to Announce Third Quarter 2019 Results (10/03/2019), Goldman Sachs BDC, Inc. Reports June 30, 2019 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (08/01/2019), Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Second Quarter 2020 Results (7/9/2020), Goldman Sachs BDC, Inc. and Goldman Sachs Middle Market Lending Corp. ... Press Releases. SEC Charges Goldman Sachs With FCPA Violations. DALLAS, Dec. 9, 2020 /PRNewswire/ -- Goldman Sachs Merchant Banking Division & Dalfen Industrial purchased 10 last mile properties. The firm released the following statements and presentation after today's announcement by the United States Department of Justice. Please refresh the page and try again. Thank you for subscribing to BRIEFINGS: our weekly email about trends shaping markets, industries and the global economy. Schedules Earnings Release and Conference Call to Announce Fourth Quarter and Fiscal Year 2017 Results (01/23/2018), Goldman Sachs BDC, Inc. One of these retired senior executives who previously received the 2011 award has voluntarily agreed to return the majority of it. Provides Estimated March 31, 2020 Financial Results and Schedules Earnings Release and Conference Call to Announce First Quarter Results (04/20/2020) PDF. Announces Planned Public Offering (3/10/15). FOR IMMEDIATE RELEASE. The opposite must be true as well. Press Release October 22, 2020 SUPERINTENDENT LACEWELL ANNOUNCES THAT DFS IMPOSES $150 MILLION PENALTY ON GOLDMAN SACHS GROUP IN CONNECTION WITH GOLDMAN … Goldman Sachs … Invalid input parameters. Zytara Dec 04, 2020, 09:00 ET. About Goldman Sachs Merchant Banking Division Founded in 1869, The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm. Find the latest press releases from Goldman Sachs Group, Inc. (The) Common Stock (GS) at Nasdaq.com. The recent acquisitions are located in Denver, … Favorably Amends Its Revolving Credit Facility (02/27/2020), Goldman Sachs BDC, Inc. Reports December 31, 2019 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (02/20/2020), Goldman Sachs BDC, Inc. Prices Public Offering of $360.0 Million of 3.750% Unsecured Notes Due 2025, Goldman Sachs BDC, Inc. Several of our regulators have noted these substantial enhancements in their settlement documents. | Press Releases Goldman Sachs Closes on $10 billion Private Equity Secondaries Fund New York, NY, November 18, 2020 – Goldman Sachs announced today the final close for Vintage VIII, its latest … Goldman Sachs Amends General Guarantee Agreements Guaranteeing the Obligations of Goldman Sachs Bank USA, Goldman Sachs & Co. LLC and Goldman Sachs Paris Inc. et Cie ... International Bankers Association Press Release… Former Goldman Sachs and UBS Executives Join Zytara Advisory Board News provided by. … While many good people worked on these transactions and tried to do the right thing, we recognize that we did not adequately address red flags and scrutinize the representations of certain members of the deal team, most notably Tim Leissner, and the outside parties as effectively as we should have. Goldman Sachs | Press Releases - Michael Evans to Retire from Goldman Sachs..... cement our position as a leading market maker and underwriter to investors and companies globally. october 28, 2015. contact: matt anderson, 212-709-1691. nydfs announces goldman sachs to pay $50 million; accept three-year regulatory consulting abstention; admit failure to … Press Release Seth Bernstein, President & CEO and Ali Dibadj, Head of Finance & Strategy, to Participate in the 2020 Goldman Sachs US Financial Services Virtual Conference on … It has known security flaws and may not display all features of this and other websites, Goldman Sachs BDC, Inc. Prices Public Offering of $500 Million of 2.875% Unsecured Notes Due 2026, Goldman Sachs BDC, Inc. Reports September 30, 2020 Financial Results and Announces Quarterly Dividend of $0.45 Per Share and Special Dividends Aggregating to $0.15 Per Share (11/05/2020), Goldman Sachs BDC, Inc. While it is abundantly clear that certain former employees broke the law, lied to our colleagues and circumvented firm controls, this fact does not relieve me or anyone else at the firm of our responsibility to recognize two critical realities. This action is entirely appropriate under the circumstances. All rights reserved. Get the latest Goldman Sachs Group, Inc. (The) (GS) stock news and headlines to help you in your trading and investing decisions. When a colleague knowingly violates a firm policy, or much worse, the law, we – as a firm – have to accept responsibility and recognize the broader failure that individual behavior represents for our firm. Closes Initial Public Offering of Common Stock; Announces Quarterly Distribution of $0.45 Per Share (3/23/15), Goldman Sachs BDC, Inc. Prices Public Offering (3/18/15), Goldman Sachs BDC, Inc. Over the past several years, we have materially changed our focus to put reputational risk at the center of our decision-making. deepwatch Announces $53 Million Growth Round Led by Goldman Sachs Funding Accelerates R&D, Innovation, and Expansion of Advanced SOC Platform October 12, 2020 10:00 AM … Message on Firm's Settlement on 1MDB As you have all seen, the US Department of Justice, along with regulators in the US, UK, Singapore and Hong Kong, announced settlements with Goldman Sachs that resolve the government and regulatory investigations of the 1MDB matter. Schedules Earnings Release and Conference Call to Announce Third Quarter 2016 Results (10/06/2016), Goldman Sachs BDC, Inc. In addition, we think it is appropriate that the current executive leadership team, the Chief Executive Officer, the Chief Operating Officer and the Chief Financial Officer, as well as the current CEO of Goldman Sachs International, have their overall compensation reduced by $31 million for 2020. Closes Over-allotment Option (4/21/2015), Goldman Sachs BDC, Inc. 17 Nov 2020 Press Release Goldman Sachs Fixed Income Investor Conference Call. Schedules Earnings Release and Conference Call to Announce Second Quarter 2015 Results, Goldman Sachs BDC, Inc. Appoints Janet F. Clark to the Board of Directors (05/14/2015), Goldman Sachs BDC, Inc. Reports First Quarter 2015 Net Investment Income of $0.52 Per Share and Announces Second Quarter Dividend of $0.45 Per Share (5/14/2015), Goldman Sachs BDC, Inc. Announces It Will Seek Stockholder Approval to Reduce Its Asset Coverage Requirement to 150% and GSAM to Reduce Base Management Fee from 1.5% to 1.0%, If Approved (05/03/2018), Goldman Sachs BDC, Inc. I have thought a lot about our role in the 1MDB transactions and have weighed carefully the findings of the investigations. (GS … These enhancements include expanding the global compliance division; establishing an enhanced framework for addressing potential reputational risks, including an expanded review of significant and complex transactions; improving anti-bribery controls; enhancing the technical sophistication and training for the control-side of the Firm; and creating new programs to investigate and prevent risks and potentially harmful actions. Separately, in acknowledgement of the Firm’s institutional failures, five of the Firm’s former senior executive officers, the former Chief Executive Officer, the former Chief Operating Officer, a former Chief Financial Officer, the former Vice Chairman who was a CEO of Goldman Sachs International and the former Vice Chairman who was the Global Head of Growth Markets, will, to the extent not already paid, forfeit all or the majority of their outstanding Long-Term Performance Incentive Plan Awards that were granted in 2011 and which have a performance period that includes 2012 and 2013 when the 1MDB bond underwritings took place, and forfeit a portion of other previously awarded compensation, if applicable. Schedules Earnings Release and Conference Call to Announce Third Quarter 2018 Results (10/04/2018), Goldman Sachs BDC, Inc. Reports First Quarter 2018 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (05/03/2018), Goldman Sachs BDC, Inc. Reports Second Quarter 2018 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (08/02/2018), Goldman Sachs BDC, Inc. The Board views the 1MDB matter as an institutional failure, inconsistent with the high expectations it has for the Firm. Announce Merger Agreement (12/09/2019), Goldman Sachs BDC, Inc. Reports September 30, 2019 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (11/07/2019), Goldman Sachs BDC, Inc. Goldman Sachs Announces 2020 Launch With GS Black and Latinx Entrepreneur Cohort. Nearly two years ago, I said to all of you that our obligation is to be self-reflective and self-critical. Schedules Earnings Release and Conference Call to Announce Second Quarter 2018 Results (07/09/2018), Goldman Sachs BDC, Inc. Prices $40.0 Million of Unsecured Convertible Notes (06/28/2018), Goldman Sachs BDC, Inc. 16 Nov 2020 In the News FOR IMMEDIATE RELEASE 2019-260 Washington D.C., Dec. 16, 2019 — The Securities and Exchange Commission today announced charges against former Goldman Sachs … The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client … Our success as a firm can only be ensured through a culture rooted in integrity, shaped by a long-term mindset and guided by a sense of personal accountability and responsibility for our actions. JetBlue and Marcus by Goldman Sachs Announce Broader Availability of MarcusPay™ – An Option for Customers to Pay Over Time. Announces Offering of Shares of Common Stock (05/18/2017), Goldman Sachs BDC, Inc. Prices Offering of Shares of Common Stock (05/18/2017), Goldman Sachs BDC, Inc. Reports First Quarter 2017 Financial Results and Announces Quarterly Dividend of $0.45 Per Share (05/04/2017), Goldman Sachs BDC, Inc.