A sign is displayed in the reception area of Goldman Sachs in Sydney, Australia. David Gray | Reuters Goldman Sachs has agreed to acquire NextCapital, a Chicago-based fintech firm that provides automa...
Tag: Goldman Sachs Group Inc
Bitcoin rallies after Russia hints at using crypto with $50,000 seen possible on short covering
Bitcoin on Friday briefly traded above $45,000, a psychological level, as financial institutions pushed further into the digital asset space, while Russia hinted at the possibility of accepting bitcoi...
Wall Street bonuses climb to record $257,500 per worker last year, New York’s fiscal chief says
People walk along Wall Street in the financial district of Manhattan on September 29, 2021 in New York City. Spencer Platt | Getty Images The average bonus paid to securities industry employees in New...
Goldman announces OTC crypto trade with Galaxy Digital
A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs is pushing furthe...
VW and Goldman Sachs-backed Northvolt plans German gigafactory
A lithium-ion prismatic cell battery from Northvolt, photographed on Feb. 17, 2022. Mikael Sjoberg | Bloomberg | Getty Images Northvolt said Tuesday it would look to build a gigafactory in Germany, wi...
Deutsche Bank reverses course on Russia, says it will unwind business there
A Deutsche Bank AG flag flies outside the company’s office on Wall Street in New York. Mark Kauzlarich | Bloomberg | Getty Images Deutsche Bank said Friday that it was winding down its operation...
Goldman Sachs leaves Russia due to Ukraine invasion
A sign is displayed in the reception area of Goldman Sachs in Sydney, Australia. David Gray | Reuters Goldman Sachs says it is exiting Russia, becoming one of the first major global investment banks t...
JPMorgan project will push bank further into market serving private firms
JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images JPMorgan Chase i...
Hydrogen generation could become $1 trillion market: Goldman Sachs
The pump of a hydrogen refueling point at a gas station in Berlin, Germany, on Wednesday, Aug. 25, 2021. Krisztian Bocsi | Bloomberg | Getty Images Hydrogen has an important role to play in any transi...
Goldman’s consumer push will more than double over 2 years, CEO David Solomon says
Goldman Sachs expects investment into its digital consumer platform to really pay off in less than two years, CEO David Solomon told CNBC on Wednesday. “I put out a target at the end of 2024 of ...
Goldman’s David Solomon says ‘our strategy is working’ even as stock lags peers
David Solomon, chief executive officer of Goldman Sachs & Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bl...
Goldman CEO David Solomon raises financial targets, takes victory lap after crushing 2020 goals
David Solomon of Goldman Sachs Andrew Harrer | Bloomberg | Getty Images Goldman Sachs CEO David Solomon took a moment to bask in his firm’s recent performance before raising the company’s ...
Global investors buy more mainland Chinese stocks
A public screen displays the Shenzhen Stock Exchange and the Hang Seng Index figures in Shanghai, China, on Monday, Feb. 7, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — International investor...
Volvo Cars, Northvolt to build gigafactory in Gothenburg
A Volvo XC40 Recharge car on display at the 38th Thailand International Motor Expo 2021. Peerapon Boonyakiat /SOPA Images | LightRocket | Getty Images Volvo Cars and Northvolt said Friday they would b...
Robinhood shares rally 5% Friday after falling 14% in earlier trading
Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Robinhood clawed back its major losses and gained on Friday as investors...
Citigroup’s new London HQ offers a view into flexible working future
Citigroup is offering its vision for the future of flexible work with the release of new plans to transform its London headquarters. The Wall Street bank is to overhaul its iconic Canary Wharf Citi To...
Ex-Goldman CEO Lloyd Blankfein says ‘crypto is happening’ despite plunge in digital assets
Lloyd Blankfein, chairman and chief executive officer of Goldman Sachs Group Michael Nagle | Bloomberg | Getty Images Former Goldman Sachs CEO and Chairman Lloyd Blankfein said that his view of crypto...
Inflation surge could push the Fed into more than four rate hikes this year, Goldman Sachs says
U.S. Federal Reserve Board Chairman Jerome Powell attends his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022. ...
Goldman partners mint $15 million pay packages as boom times return
Tourists are lined up for taking photos by the Charging Bull Statue in the financial district of New York City, United States on August 16, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Bonus se...
Jim Cramer says these are his favorite bank stocks in 2022
CNBC’s Jim Cramer on Thursday reviewed the recent slate of major bank earnings and explained why his charitable investment trust is sticking with its ownership of Morgan Stanley and Wells Fargo....
MS earnings 4Q 2021
James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Ima...
BAC earnings 4Q 2021
Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019. Shannon Stapleton | Reuters Bank of America on Wednesday topped analysts̵...
Activision Blizzard, Goldman Sachs, Peloton, Moderna and more
A Peloton office sign is seen near a person riding a bicycle as the city moves into Phase 3 of re-opening following restrictions imposed to curb the coronavirus pandemic on July 16, 2020 in New York C...
SoFi stock soars after clearing final regulatory hurdle to become bank
Anthony Noto CEO of SoFi at the newly named SoFi Stadium under construction in Los Angeles. Stephen Desaulniers | CNBC Shares of SoFi rallied as more than 16% in after-hours trading on Tuesday followi...
Goldman CEO says he sees ‘real wage inflation everywhere’ after 33% jump in pay expenses
People walk along Wall Street in the rain on July 08, 2021 in New York City. Spencer Platt | Getty Images Wall Street firms are playing catch up with employee compensation, boosting pay in the second ...
Goldman Sachs shares are a ‘steal’ after post-earnings dip
CNBC’s Jim Cramer said Tuesday he feels Wall Street’s reaction to Goldman Sachs’ fourth-quarter earnings miss was overblown, creating a buying opportunity for investors. “Go ah...
Stock futures are flat after sell-off on Wall Street, more bank earnings ahead
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 10, 2022. Brendan McDermid | Reuters U.S. stock futures were steady in overnight trading on Tuesday foll...
Alibaba, Citrix, 23andMe and others
Check out the companies making headlines before the bell: Alibaba (BABA) – Alibaba fell 3.8% in the premarket after a Reuters report said the Biden administration was reviewing the China-based company...
Goldman earnings 4Q 2021
David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs is sch...