Goldman Sachs Group (the) Stock News

NEW YORK — Goldman Sachs will no longer require masks to be worn by staff at its U.S. offices from Monday, a bank spokeswoman said. The bank will leave it to individuals to decide if they want to mask up, the spokeswoman said. (Reporting by Matt Scuffham)

Wafra Capital Partners has acquired Financeit, a Toronto-based point-of-sale financing provider serving the home improvement, recreational vehicle and retail industries.

Goldman Sachs (GS) Asset Management has sold Financeit, a Canadian company that provides point-of-sale financing for the home improvement industry, to Wafra Capital Partners.Terms of…

Sale comes after hope of combining forces with Goldman’s US bank ‘just didn’t come to pass,’ Financeit CEO says

Top Wall Street bank Goldman Sachs has launched an investment fund tied to companies driving the green transition. The post Goldman Sachs Launches Green ETF appeared first on NEO .

Goldman Sachs Asset Management announced the launching of their newest sustainability focused ETF, the Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN), a fund that seeks to track an index constructed by both Goldman Sachs and Bloomberg within clean energy.

A former Goldman Sachs banker charged with helping to embezzle hundreds of millions of dollars from Malaysia’s 1MDB sovereign wealth fund will go on trial in the United States next week, in a case that could shed light on how the bank responded to warnings of corruption.Roger Ng, Goldman’s former investment banking chief in Malaysia, will be the first – and likely only – person to stand trial in the United States over one of the biggest financial scandals in Wall Street history.Ng’s former boss…

The asset management arm of Goldman Sachs, Wall Street’s premier… The post Goldman Sachs unveils clean energy ETF appeared first on PageOne .

Goldman Sachs unveiled the Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN) on Thursday, which is an environmental, social and corporate governance fund.

Goldman Sachs Group (NYSE: GS ) has outperformed the market over the past 20 years by nan% on an annualized basis. Buying $100 In GS: 20 years ago, an investor could have purchased 1.27 shares of Goldman Sachs Group at the time with $100. This investment in GS would have … Full story available on Benzinga.com

Goldman Sachs is getting green as sustainable equity strategies attract record investor capital.

Markets are abuzz after news emerged that Blackrock is making plans to offer clients crypto trading services, according to people familiar with the developments. According to sources, Blackrock would allow clients to trade crypto through its Aladdin Investment platform. Big Plans In The Crypto Space New York-based Blackrock manages over $10 trillion in assets for major institutions has big plans in the crypto space. Initially, Blackrock plans to enter the crypto space with client support trading and then with their own credit facility. The asset managers plans to enter the crypto and Bitcoin space is a significant boost to the worlds largest cryptocurrency, considering the huge profile and portfolio of the institution. People familiar with the matter stated that clients of Blackrock will be able to access loans from Blackrock by putting crypto assets as collateral. Blackrocks list of clients, which includes public pensions, corporate pensions, sovereign wealth funds, and endowments and foundations, will be able to trade Bitcoin through Blackrocks integrated investment management platform Aladdin (Asset, Liability, Debt and Derivative Investment Network).

As cryptocurrencies gain momentum worldwide, some of the worlds largest investment firms such as JP Morgan Chase, Goldman Sachs, and Fidelity recently opened new investment avenues for crypto investors with their offerings in the sector. Now the worlds largest asset manager is reportedly joining the list as BlackRock may soon provide crypto trading services to [] The post BlackRock may soon offer crypto trading, latest report reveals appeared first on Our Bitcoin News .

Credit Suisse Slashes Bonus Pool Amid Pushback From Swiss Regulator Credit Suisse''s top bankers are about to be extremely disappointed. Following a scandal-plagued 2021, the Swiss banking giant had been planning to hike bonuses for its top bankers (MDs and up) - that is, until Finma, the Swiss banking regulator, stuck its nose in. The agency has asked the megabank to make "significant reductions" to the size of its bonus pool. This led to a cut of 10%. Regulators presumably chafed at the notion that CS would indulge its employees with massive payouts despite the disastrous 2021 it had (among other things, the bank is currently facing a criminal trial in Switzerland related to its role in banking for cocaine traffickers). The Swiss lender was forced to reverse plans to boost variable compensation after financial markets watchdog Finma asked the bank to consider significant reductions to the pool, the people said, asking not to be identified discussing internal matters. The final overall bonus number may still vary slightly and individual pay will depend on the business unit, they said.

Goldman Sachs and existing investor Prosus Ventures also participated in ElasticRun''s Series E funding round. While SoftBank, has invested nearly $180 million, Prosus Ventures invested about $54.79 million and Goldman Sachs invested $30.14 million $4.64 million in the company.