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Monday, July 28, 2014

Market Chatter- Corporate finance press digest, (NYSE: GS)

The following corporate finance-related stories were reported by media: * Italy's UniCredit is close to selling a new portion of its private equity holdings after a similar deal in 2013, a source close to the matter said on Sunday, as European banks shed non-core assets to strengthen their capital base.* A deal to resolve a U.S. regulator's claims against Goldman Sachs Group Inc over mortgage-backed securities sold to Fannie Mae and Freddie Mac leading up to the financial crisis could cost the bank between $800 million and $1.25 billion, according to a person familiar with the matter.

The Goldman Sachs Group, Inc. (Goldman Sachs), is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS fell by 0.49% or $-0.86/share to $175.40. In the past year, the shares have traded as low as $151.33 and as high as $181.13. On average, 2484410 shares of GS exchange hands on a given day and today's volume is recorded at 2123177.



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