Global Banking Directory (since 2007)
Press Release Distribution Service
Add Bank | Banking Forum | Donate
Advertisement
  • Blockchain for Financial Services Summit, 4-5, June, 2019
  • Invest in our projects
BanksDaily Twitter BanksDaily FaceBook BanksDaily LinkedIn

Press Release :: Goldman Sachs Bank

Logo Goldman Sachs BankThe Goldman Sachs Group, Inc. today reported net revenues of $12.37 billion and net earnings of S3.19 billion far its third quarter ended September 25, 2009. Diluted earnings per common share were $5.25 compared with $1.81 for the third quarter ended August 29, 2008 and $4.93 for the second quarter ended June 26, 2009 Annualized return on average common shareholders’ equity (ROE) was 21 4% for the third quarter of 2009 and 19.2% for the first nine months of 2009.

Business Highlights
  • Goldman Sachs continued its leadership in worldwide mergers and acquisitions, ranking first in worldwide announced transactions for the calendar year-to-date.
  • Fixed Income, Currency and Commodities (FICC) generated quarterly net revenues of $5.99 billion, reflecting strong results across most businesses.
  • Equities generated quarterly net revenues of $2.78 billion, reflecting strong results across the franchise.
  • The firm's Tier 1 capital ratio under Basel I was 14.5% as of September 25, 2009, up from 13.8% as of June 26, 2009. The firm's Tier 1 common ratio w under Basel I was 11.6% as of September 25, 2009, up from 10.9% as of June 26, 2009.
  • Book value per common share increased 4% during the quarter to $110.75 and tangible book value per common share w increased 5% during the quarter to $101.39.
  • On July 22, 2009, the firm repurchased the warrant issued to the U.S. Treasury pursuant to the Treasury's TARP Capital Purchase Program for $1.1 billion. The U.S. taxpayers’ annualized return on their total investment in the firm was approximately 23%.


«Although the world continues to lace serious economic challenges, we are seeing improving conditions and evidence of stabilization, even growth, across a number of sectors,» said Lloyd С. Blankfein, Chairman and Chief Executive Officer. «Our client franchise businesses - advisory, financing, market and asset management - contribute to and benefit from the overall improvement in conditions. Because the job market, and growth more generally, remain under stress, we continue to be focused on actively helping our clients in order to promote greater economic activity.»

Source: Goldman Sachs Bank
Date: 15.10.2009
Articles
 Havin Bank Ltd selects ifinancial’s AMLtrac software to enhance its AML procedures

Havin Bank Ltd, the only bank with entirely Cuban capital established outside Cuba, has chosen the KYC and Document Management, Account Monitoring, Transaction Tracking, SWIFT message screening and Alert Management modules of ifinancial's AMLtrac software to strengthen the management and control of its compliance and anti-money-laundering risk. 19.11.2018 | Source: IFinancial

 25th World Islamic Banking Conference announces 4th series of WIBC Leaderboard

Top performing Islamic Financial Institutions from Bahrain, Egypt, Indonesia, Jordan, Kuwait, Malaysia, Oman, Pakistan, Turkey, UAE and Saudi Arabia are vying for the WIBC Awards recognizing the Best Performing Banks at the Global and Regional level. 28.10.2018 | Source: Middle East Global Advisors

 Financial technologies are need of the hour for Banks in India

The Indian FinTech space is expected to reach $2.4 billion by 2020 and 2018 will be a critical year in that journey because 52 % of India's digitally active consumers are adopting FinTech and are the driving force for new technology adoptions. 02.03.2018 | Source: Explore Exhibitions and Conference

 International Banking Exhibition and Conference will be held in Baku

"Digital Banking and Security" titled International Banking Exhibition & Conference will be held in Baku on 17-18 of April, 2018 by FA International Trade Events. 07.02.2018 | Source: FA International Trade Events


2007-2019 © Global Bank Directory