Word: goldmans
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Robert S. Kaplan, a former vice chairman at Goldman Sachs and a professor at Harvard Business School, served as interim CEO after El-Erian stepped down late last year...
Forst, a 14-year veteran of the investment bank Goldman Sachs, will oversee Harvard's offices for human resources, finances, and administration, which until now reported directly to the president. According to the announcement, he will also advise University President Drew G. Faust on developing "administrative capacity" between schools, a recent focus of the University's leaders...
Forst comes to Harvard without previous experience in academic management, but boasts a strong résumé in the financial world, having served as Goldman's executive vice president, chief administrative officer, and global head of its investment management division...
...agreement is expected to give a modest boost to Taiwan's economy. More cross-strait tourism will boost annual GDP growth by .6% to .8%, according to a report on tourism in Taiwan by Goldman Sachs. "The implementation of these policies would support a recovery in sentiments and domestic demands ... and should help Taiwan offset the negative external shock from slower U.S. demand and higher energy prices," wrote Goldman Sachs analyst Enoch Fung...
...March, it's the world's second-largest sovereign wealth fund, trailing only the Abu Dhabi Investment Authority, which weighs in at about $875 billion. Norway's fund, flush with money from the nation's oil and gas, has stakes in 7,000 firms - from Google to Goldman Sachs, Deutsche Post to PetroChina. Astonishingly, the fund now owns about 1% of the entire European stock market, and close to 0.5% globally...