Bloomberg Goldman Sachs Group Inc is working on a fresh round of job cuts that will be unveiled in a matter of weeks, Chief Executive Officer David Solomon said in his traditional year-end message to staff. “We are conducting a careful review and while discussions are still ongoing, we anticipate our headcount reduction will take place in the first ...

  Bloomberg Multiple stress points are emerging in credit markets after years of excess, from banks stuck with piles of buyout debt, a pension blow-up in the UK and real-estate troubles in China and South Korea. With cheap money becoming a thing of the past, those may just be the start. Distressed debt in the US alone jumped more than ...

  Bloomberg An Argentine economist drafting recommendations for a more business-friendly government that could emerge from 2023 elections has a message for foreign investors eyeing potential regime change. “We’re not interested in hot money in Argentina,” Carlos Melconian, head of think tank Ieral, said. “Capital inflows that create quick profits and get confounded with the element of confidence don’t interest ...