Goldman Sachs Group (the) Stock News

Goldman Sachs Group Inc. said Thursday it plans to wind down its business in Russia "in compliance with regulatory and licensing requirements," according to an email to MarketWatch and other news organizations. The bank said it''s supporting its clients across the globe "in managing or closing out pre-existing obligations in the market and ensuring the well-being of our people." Shares of Goldman Sachs fell 1.5% on Thursday. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

The bank said in a statement it is "winding down its business in Russia in compliance with regulatory and licensing requirements."

Goldman Sachs is exiting Russia, becoming the first major Wall Street bank to announce plans to do so after the invasion of Ukraine.

© Reuters. FILE PHOTO: The Goldman Sachs company logo is on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. REUTERS/Brendan McDermid (Reuters) – Goldman Sachs Group Inc (NYSE:) said on Thursday it was closing its operations in Russia, becoming the first major Wall Street bank to …

Goldman Sachs became the first major Wall Street bank to exit Russia after it said it is winding down its business in the country after Moscow’s invasion of Ukraine

In its annual filing earlier, the bank had disclosed a credit exposure to Russia of $650 million.

Goldman Sachs Group Inc. said it plans to close its operations in Russia, the first major Wall Street bank to leave in response to the nation’s invasion of Ukraine.

US investment bank BNY Mellon said that Robin Vince, a former Goldman Sachs banker, will take over as chief executive officer on 31 August.

CEO Todd Gibbons plans to retire in August. Vice Chair Robin Vince, a former Goldman Sachs executive, is slated to succeed him.

As part of its overall effort to expand into the cryptocurrency space, Goldman Sachs (NYSE:GS) is considering offering institutions over-the-counter bilateral digital asset options, people with knowledge on the matter told Bloomberg Wednesday. Bilateral crypto options are customizable derivatives th…

As part of its overall effort to expand into the cryptocurrency space, Goldman Sachs (GS) is considering offering institutions over-the-counter bilateral digital asset options, people…

Vice Chair Robin Vince, a Goldman Sachs veteran, has been tapped to succeed him.

Goldman Sachs will be offering its clients access to Ethereum Funds through Galaxy Digital’s Institutional Ethereum Fund. This was reported from the regulatory documents filed with the U.S Securities and Exchange Commission (SEC). The SEC also displayed that it had listed Goldman Sachs as a beneficiary of the charges that are required to be borne […]

Wall Road banking big Goldman Sachs Group Inc (NYSE:GS) reportedly plans on increasing its cryptocurrency product choices to incorporate

Goldman Sachs Could Offer Hedge Funds And Bitcoin Miners A New Way To Boost Yields - Benzinga Benzinga