Goldman Sachs plans to spin out GS DAP, its blockchain-based platform for participants in digital capital markets, from its Digital Assets business. The financial institution plans to explore strategic opportunities to do so with the aim of GS DAP becoming an industry-owned distributed technology solution, it said in a Monday (Nov. 18) press release.
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Goldman (GS) reported earnings 30 days ago. What's next for the stock?
The Trump regime will hit European economic growth and reduce company earnings, though the continent's defense sector may prosper.
The announcement comes amid a flurry of dealmaking activity in the world's financial capital that has boosted profits at Goldman's lower Manhattan headquarters.
Goldman Sachs promoted 95 bankers to its elite partner ranks, including 26 women, the Wall Street giant said on Thursday.
Zacks.com users have recently been watching Goldman (GS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Nothing curbs investor enthusiasm and optimism quite like a downbeat Goldman Sachs (NYSE:GS) forecast of returns for the next decade.
Two of the world's largest investment banks, Goldman Sachs Group Inc (NYSE:GS, ETR:GOS) and JPMorgan Chase & Co (NYSE:JPM, ETR:CMC), have raised the prospect of high UK inflation following Labour Chancellor Rachel Reeves' Autumn Statement. “The rise in public spending is not just large, but is also front loaded and dominated by non-investment spending.
Gold is on course to hit S$3,000 by the end of next year predicts Goldman Sachs or roughly a 10% hike from the current price. Fear (F), investment (I) and speculation (S) have driven the recent surge in the price of the metal and are set to underpin a further rise in the rice, believes the bank.
EXCLUSIVE: Goldman Sachs CEO David Solomon speaks to Bloomberg on the sidelines of Saudi Arabia's Future Investment Initiative. Catch live updates here: Click Here
Goldman Sachs Chairman and CEO David Solomon discusses the bank's business in the Middle East and the widening conflict in the region, prospects for dealmaking, and the state of the US economy. He speaks to Bloomberg's Joumanna Bercetche on the sidelines of the Future Investment Initiative conference in Riyadh.