News

It was once only a brave investor who’d bet against fashion favourite Asos, but yesterday two City experts called time on the stock.

LLOYD BLANKFEIN: The CEO and chairman has defended Goldman against recent attacks

Goldman Sachs pays £4.1m tax on £1.9bn profit

Wall Street giant attacked for deferring 99 per cent of its tax bill

Ration Books: Pupils at a school in a Nairobi slum eat a meal provided by the World Food Programme

The real hunger games: How banks gamble on food prices – and the poor lose out

In the last decade, financiers have speculated billions of pounds in food, helping to make prices dearer and more volatile

Market Report: Second dose of bad news makes Shire feel unwell

For the second time in a matter of weeks, disappointing news on one of its drugs left Shire feeling rather poorly. Having withdrawn its US regulatory application for its Fabry disease drug Replagal earlier in the month, the pharmaceutical giant closed at the foot of the benchmark index after admitting its bowel medicine Lialda had failed a clinical study.

MF Global was meant to be Jon Corzine's triumphant return to Wall Street

The twisted tale of MF funds

Former boss Jon Corzine has been castigated over a missing $1.6bn – but it seems he has been framed

Tim Walker: Will Dave and George kill ping pong's allure?

Tales From The Water Cooler: Nobody in Britain will be able to strike a ball without imagining Dave and George knocking up in the games room at Chequers

Alex Preston: Don't expect morality from a faceless behemoth that exists purely for profit

Banking is not a vocation. No one becomes a trader in order to follow a childhood dream

Lisa Markwell: The retention of perspective is a life skill to cherish

Ambition is good. Ambition is expected. Ambition has never been as important as it is right now, with fewer jobs, less money, more graduates than ever before. Right?

Simon English: Goldman must change fast – or face relegation

Investment banks are like football clubs. At some point they fall. Always. This often occurs at, or shortly after, the point at which they seem most invincible. A fail-safe investment bank does not exist. Just one that has not failed yet.

Market Report: AZ spells more takeover excitement for gossips

It has been a busy week for the revival of takeover talk, and yesterday was no exception. Analysts and gossips alike were talking up the bid potential of various companies, with AZ Electronic Materials – whose chemicals are used by Apple in both the iPad and the iPhone – one of the stocks in the spotlight.

Simon English: Goldman Sachs has to change its ways fast in a new reality or face relegation

Outlook: Investment banks are like football clubs. At some point they fall. Always. This event often occurs at, or shortly after, the point at which they seem most invincible. There is no such thing as a fail-safe investment bank. Just one that has not failed yet.

Top Goldman Sachs executive quits over culture of 'toxic' greed

A senior executive at Goldman Sachs has attacked a “toxic” and “destructive” environment at the leading investment bank in as resignation letter published in the New York Times.

Banks/FBI investigates Goldman executive in insider trading inquiry

A Goldman Sachs executive who goes by the nickname "Chunky but Funky", is under investigation in the US for aiding insider trading by the bank's hedge fund clients.

Stefan Stern: Our public gaze is beginning to shame the shameless

Where dubious decisions could once be taken in the dark, now the spotlight shines brightly

Hamish McRae: Growth hopes give a glimpse of light at end of the tunnel

Economic Life: An economy in which real incomes are rising will feel quite different, and that is in sight

Sportlight on: Lloyd Blankfein, Chief executive, Goldman Sachs

Another day doing God's work?

Latest stories from i100
SPONSORED FEATURES
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
A nap a day could save your life - and here's why

A nap a day could save your life

A midday nap is 'associated with reduced blood pressure'
If men are so obsessed by sex, why do they clam up when confronted with the grisly realities?

If men are so obsessed by sex...

...why do they clam up when confronted with the grisly realities?
The comedy titans of Avalon on their attempt to save BBC3

Jon Thoday and Richard Allen-Turner

The comedy titans of Avalon on their attempt to save BBC3
The bathing machine is back... but with a difference

Rolling in the deep

The bathing machine is back but with a difference
Part-privatised tests, new age limits, driverless cars: Tories plot motoring revolution

Conservatives plot a motoring revolution

Draft report reveals biggest reform to regulations since driving test introduced in 1935
The Silk Roads that trace civilisation: Long before the West rose to power, Asian pathways were connecting peoples and places

The Silk Roads that trace civilisation

Long before the West rose to power, Asian pathways were connecting peoples and places
House of Lords: Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled

The honours that shame Britain

Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled
When it comes to street harassment, we need to talk about race

'When it comes to street harassment, we need to talk about race'

Why are black men living the stereotypes and why are we letting them get away with it?
International Tap Festival: Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic

International Tap Festival comes to the UK

Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic
War with Isis: Is Turkey's buffer zone in Syria a matter of self-defence – or just anti-Kurd?

Turkey's buffer zone in Syria: self-defence – or just anti-Kurd?

Ankara accused of exacerbating racial division by allowing Turkmen minority to cross the border
Doris Lessing: Acclaimed novelist was kept under MI5 observation for 18 years, newly released papers show

'A subversive brothel keeper and Communist'

Acclaimed novelist Doris Lessing was kept under MI5 observation for 18 years, newly released papers show
Big Blue Live: BBC's Springwatch offshoot swaps back gardens for California's Monterey Bay

BBC heads to the Californian coast

The Big Blue Live crew is preparing for the first of three episodes on Sunday night, filming from boats, planes and an aquarium studio
Austin Bidwell: The Victorian fraudster who shook the Bank of England with the most daring forgery the world had known

Victorian fraudster who shook the Bank of England

Conman Austin Bidwell. was a heartless cad who carried out the most daring forgery the world had known
Car hacking scandal: Security designed to stop thieves hot-wiring almost every modern motor has been cracked

Car hacking scandal

Security designed to stop thieves hot-wiring almost every modern motor has been cracked
10 best placemats

Take your seat: 10 best placemats

Protect your table and dine in style with a bold new accessory