Former Manchester United manager Alex Ferguson: “It is unfair . . . to try and retain the authority you once possessed. You have to let go and let the new man and the new regime do what they think is best.” Photograph: Oli Scarf/AFP/Getty

Alex Ferguson, the former manager of Manchester United, once offered this universal truth about how to behave towards a successor: “It is unfair . . .(...)

Goldman Sachs chief executive David  Solomon at a hearing  on Capitol Hill in Washington. He is gambling on bank’s ability to do new things following decline in fixed-income trading. Photograph: Aaron P Bernstein/Reuters

In the aftermath of the financial crisis, as most trading houses licked their wounds and put safety before sales, Goldman Sachs chose a different path(...)

Ann Keane and Patrick Halpin pictured at Aberdeen Lodge on Thursday. Photograph: Bryan O’Brien

US investment bank Goldman Sachs will on Thursday move to take possession of a boutique hotel in Dublin 4, on the back of almost €26 million in boom-e(...)

A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange. The bank has become the latest Wall Street finance house to abandon its stuffy dress code in favour of a “flexible” approach. Photograph: Brendan McDermid/Reuters

Goldman Sachs has become the latest Wall Street bank to abandon its stuffy dress code in favour of a “flexible” approach likely to find favour with th(...)

Goldman’s spokesperson said it would be wrong to characterise the meeting with Jho Low as “one-on-one”, adding: “Mr Blankfein does not recall any one-on-one meeting with Mr Low, nor have we seen any record to suggest such a meeting occurred.”

The fallout over Goldman Sachs’ involvement in the vast 1MDB fraud deepened on Thursday, after the bank said its former chief executive met with the m(...)

Tim Leissner claimed in court that concealing facts from Goldman’s compliance and legal staff to prevent them from blocking deals was “very much in line with its culture”. Photograph: Reuters

Goldman Sachs has faced many crises in its time but none more shocking than the case of Tim Leissner, its former senior partner in southeast Asia. Wal(...)

Goldman Sachs is under the spotlight again for its business practices.

Back in 2010, Goldman Sachs faced a near existential threat. Sued by the US Securities and Exchange Commission over allegations it had misled clients (...)

George Soros, the billionaire investor and Democratic donor, has been accused by Republicans, without evidence,  of  funding a caravan of Central American migrants headed for the US border. Photograph: Damon Winter/The New York Times

Three years ago, Hungary’s prime minister accused billionaire George Soros of trying to flood the country with Middle Eastern migrants. In recent wee(...)

Tesla chief executive Elon Musk: After he publicly apologised for criticising an analyst, Tesla’s share value soared by almost $5 billion, making it “maybe the most valuable apology of all time”. File Photograph:  Joe Skipper/Reuters

Hardly a week passes now without one major company or another expressing contrition for its sins. Facebook is sorry for lax privacy controls. Apple is(...)

Goldman Sachs’s fixed-income division has benefited from efforts to diversify away from its traditional clients into the wider corporate sector. Photograph: Brendan McDermid/Reuters

Goldman Sachs has appointed veteran fixed-income executive James Esposito as co-head of its securities division, in the first leadership change since (...)

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