Lawyers

• Goldman Sachs $5 Billion Settlement May Save Them $1 Billion in Deal

  Goldman Sachs would pay $5 billion in settlement over claims that they misled investors to buy securities from 2005 to 2007. However, new reports say that Goldman Sachs could pay less penalties through government incentives and tax credits.

• Ex-Goldman Sachs Employee Paid Fine; Not Jailed Over New York Fed Leaks

  An ex-Goldman Sachs employee, Rohit Bansal, was not sentenced but instead required to pay a fine of $5,000 over the New York fed leaks.He was charged of illegally getting documents from an employee of New York Fed to further help his career and his colleagues.

• Goldman says deal pipeline remains strong despite market swings

  Despite the market swings, Goldman Sachs Group Inc. remains positive of a strong deal pipeline. Their trading revenue may have dropped this year, but their investment banking looks good and bright.

• Goldman tentatively agrees to pay $270 million to settle lawsuit: source

  Goldman Sachs Group Inc has tentatively agreed to pay about $270 million to settle a lawsuit by investors, according to a source familiar with the matter.

• Defense lawyer for ex-Goldman Sachs programmer requests mistrial

  The defense attorney for a former Goldman Sachs Group Inc programmer accused of stealing the investment bank's high-frequency trading code has asked a Manhattan judge for a mistrial.

• How Wall Street came out on gay marriage

  On March 6, the day of the U.S. Supreme Court's deadline for legal briefs backing same-sex marriage, gay rights activists quietly celebrated a victory on Wall Street.

• Obama administration files brief in top court backing gay marriage

  The administration of President Barack Obama on Friday asked the U.S. Supreme Court to rule that states cannot ban gay marriage.

• Businesses back gay marriage, top U.S. court sets argument date

  Big business rallied behind the gay marriage cause on Thursday as the U.S. Supreme Court scheduled oral arguments for April 28 on the contentious social issue that promises to yield one of the justices' most important rulings of 2015.

• Goldman need not advance ex-programmer's legal fees - U.S. judge

  A U.S. federal judge on Friday said computer programmer Sergey Aleynikov is not entitled to have former employer Goldman Sachs Group Inc cover his legal fees to defend against criminal charges that he stole secret code from the bank's computers.

• Goldman, BASF, HSBC accused of metals price fixing: U.S. lawsuit

  Goldman Sachs Group Inc (GS.N), Germany's BASF SE (BASFn.DE) and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff's law firm called the first nationwide class action over alleged price-fixing of the metals.

• Banks to change rules governing derivatives market: FT

  The world’s biggest banks have agreed to change rules that govern the $700 trillion derivatives market, the Financial Times reported on Tuesday.

• Goldman Sachs wins role stabilizing early trade in Alibaba IPO: source

  Goldman Sachs Group Inc (GS.N) will be the bank in charge of overseeing early share trading in China's Alibaba Group Holding Ltd's (IPO-BABA.N) initial public offering, according to a source.

• Goldman Sachs, U.S. agency in mortgage settlement worth $1.2 billion

  Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S. regulator's claims the bank sold Fannie Mae and Freddie Mac faulty mortgage bonds, the regulator announced Friday. Under the settlement with the Federal Housing Finance Agency, the conservator for the two government-controlled mortgage finance companies, Goldman Sachs said it agreed to pay $3.15 billion to repurchase mortgage-backed securities from Fannie and Freddie.

• LIA unveils plan to hire third parties to manage $11B of its assets

  The Libyan Investment Authority Chairman Abdulmagid Breish said that it is preparing to hire the best people to help run the beleaguered funds after the deposition and death of former Libyan leader Muammar Qaddafi.

• Goldman Sachs seeks for court to junk $1 B Libyan wealth fund lawsuit

  Bloomberg reported that Goldman Sachs Group Inc has plans to file a petition with a judge for the dismissal of the lawsuit filed by the Libyan Investment Authority over securities the bank had handled and the latter claimed to be worthless.

• SEC is too timid on Wall Street's misdeeds - lawyer

  Retired US Securities and Exchange Commission trial lawyer James Kidney's latest criticism against the US Securities and Exchange Commission's efforts in bringing cases against Wall Street leaders underlines the agency's lack of teeth in holding entities responsible for the 2008 credit crisis.