Goldman Sachs
Goldman Sachs
The Goldman Sachs Group Inc is a leading global investment banking firm whose activities are organized into investment banking (20% of net revenue), global markets (45%), asset management (20%), and consumer and wealth management (15%) segments. Approximately 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
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CEO Solomon says the bank has not yet begun discussions with DOJ about its role in the scandal; the $1 billion buyback would be its first in 20 years.
April 30 -
Expected to close this week, the deal would value the company at an amount similar to the $4.3 billion valuation of its 2017 funding round.
April 29 -
Built Technologies will use the money to invest in research and development while it builds out its client base.
April 29 -
Apple Card has advantages over most banks at the start, but there are things banks can do to fight back, according to Mehmet Sezgin, CEO and founder of myGini.
April 26 -
There are important considerations for financial institutions to bear in mind as they build relationships with the likes of Apple and Google.
April 25 -
Banks say easing rules on people with some criminal records will diversify the applicant pool; deal with Synchrony may be near.
April 22 - Software development
The bank has funded and deployed the company's software, which can be used to quickly bring new products to market and reduce the need for programmers and other expenses.
April 17 -
Citi, Goldman, BofA earnings rose despite flat revenues; benchmark would be based on rates set on the American Financial Exchange.
April 16 -
The investment platform, which is in the early stages of development, will be part of Marcus, the consumer bank Goldman launched in 2016.
April 15 -
Citigroup, Goldman earnings surprise to the upside; cost cuts fueled the bank’s 14% earnings growth.
April 15 -
The resignation of Wells Fargo CEO Tim Sloan represented more troubles for an already scandal-ridden financial institution.
April 9 -
The congressional hearing will be ripe with opportunities for lawmakers to raise flags on issues of diversity, deregulation and social policy.
April 8 -
Firm “hopes to crowdsource new uses for” its pricing and analysis system; the system could be put on a device and used anywhere to cut down on fraud.
April 3 -
The Silicon Valley partnership represents an extension of — but also a departure from — the consumer strategy that Goldman has been pursuing since the launch of its digital consumer bank, Marcus.
March 25 -
The new Apple Card wasn't just one product of many announced at the Steve Jobs Theater on Monday — it was the glue that binds all of Apple's new services together.
March 25 -
Goldman Sachs pays women in the U.K. an average of 50.6 percent less than male colleagues per hour, although this is an improvement on the 56 percent gap the Wall Street firm reported a year ago.
March 25 -
With Apple widely expected to unveil a new media service on Monday, it would do well to make sure it does not fall into the same traps that ensnared MoviePass.
March 25 -
In the second lawsuit of its kind, more than a dozen of the world's largest banks are accused of price fixing on roughly $486 billion of bonds issued by Fannie Mae and Freddie Mac.
March 22 -
Fintech investors, including Goldman Sachs, see opportunity in Mexico; firm’s growth in lending could be a problem if economy goes south.
March 14 -
Leading investors say too many traditional financial institutions, out of their depth in fintech investment, end up imposing controls that slow down otherwise nimble young companies.
March 13






















