(Bloomberg) -- Saudi Arabia is preparing to formally launch a secondary offering of shares in oil giant Aramco as soon as Sunday, a deal that could raise more than $10 billion and rank among the largest of its kind in recent years.Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarWarning Signals Are Flashing for Homeowners in Texas and Florida‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpNew BYD Hybrid Can Drive Non-Stop for More Than 2,000 K
Goldman Sachs (GS) closed the most recent trading day at $457.17, moving -0.57% from the previous trading session.
NEW YORK (Reuters) -Former high-ranking Goldman Sachs executive Beth Hammack will become the next president of the Federal Reserve Bank of Cleveland, the regional bank said on Wednesday. Hammack, 52, was until earlier this year co-head of global financing at the investment bank, where she also served on its management committee. The incoming Cleveland Fed president has extensive experience in markets and in how they interface with government activity.