Zynga Inc., the top developer of games for Facebook Inc.’s site, will file paperwork for an initial public offering today, said GreenCrest Capital Management LLC, which cited a “major investor” in the startup.
William Montgomery , a senior Goldman Sachs Group Inc. banker to the oil and gas industry, is leaving the firm’s Houston office and plans to join a local private- equity firm, said a person with knowledge of his plans.
Swiss banks will likely settle a sweeping U.S. probe of offshore tax evasion by paying billions of dollars and handing over names of thousands of Americans who have secret accounts, Bloomberg News’ David Voreacos, Klaus Wille and Giles Broom report.
Goldman Sachs Group Inc. , the securities firm that makes about 10 percent of its revenue from trades on its own behalf, is ceasing proprietary trading in one type of structured debt, according to a person close to the firm.
Fusion-io Inc., a startup that aims to replace hard drives with flash memory, hired Morgan Stanley and Goldman Sachs Group Inc. to handle its initial public offering, according to two people familiar with the matter.