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Goldman Sachs Plans to Spin Out Blockchain-Based Digital Assets Platform : Report
Goldman Sachs is working to create a crypto platform. The company, presently, is in talks with various other fintech and Web3 firms which, it feels, have the potential to become partners and load the crypto platform with various features.
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Goldman Sachs Says Kamala Harris' Victory Better For US Economy
The investment bank stated the US economic growth would likely witness the biggest boost in the coming two years from a Democratic government, headed by Kamala Harris.
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Meta Says its Llama AI Models Being Used by Banks, Tech Companies
Meta's Llama AI models are seeing a rise in use, the company headed by Mark Zuckerberg said. The mostly free-of-charge Llama models have been downloaded almost 350 million times since Meta began releasing them publicly last year.
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Goldman Sachs "Dysfunctional Workplace", Claims Ex-Employee, Sues Company: Report
A former Goldman Sachs employee has accused the investment bank of creating a "culture of bullying" where workers "sobbed through meetings" in a 1 million pound lawsuit filed in London.
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World Fintech Day: Blockchain Is Here to Stay, Existing Fintech Players Must Welcome Web3, Say Experts
On the World Fintech Day, Web3 insiders from India have highlighted that blockchain is the next big refreshment to global financial systems. Meanwhile, the speed at which countries adopt blockchain and integrate it with their financial systems, has been called the metric that would change the game for nations looking to lead the Web3 revolution set...
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Ola Electric Aims for IPO by End of 2023, Hires Goldman Sachs, Kotak to Manage Share Sale
Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share sale, a source with direct knowledge of the matter told Reuters.
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"Severe Breach": Goldman Sachs Fined $7.2 Million For Misreporting Capital Needs
The European Central Bank (ECB) has fined US financial giant Goldman Sachs 6.63 million euros ($7.2 million) for misreporting its capital needs, it said on Monday.
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Goldman Sachs To Pay $215 Million To Settle Sexual Harassment Suit
Goldman Sachs has said it will pay $215 million to settle a long-running lawsuit against the investment bank, accused by current and former employees of gender bias and sexual harassment.
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Goldman Sachs Being Probed Over Silicon Valley Bank Collapse
US authorities are investigating Goldman Sachs' work for Silicon Valley Bank in connection with the events surrounding the California bank's collapse, Goldman disclosed in a securities filing Thursday.
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Wall Street's Biggest Banks Failing Key Green Test in Fresh Study
The six biggest banks on Wall Street are failing to live up to a key plank of their ESG commitments to stakeholders, according to a joint study published on Wednesday.
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Goldman To Start Among Its Biggest Round Of Job Cuts Ever
Goldman Sachs Group Inc. is embarking on one of its biggest round of job cuts ever as it locks in on a plan to eliminate about 3,200 positions this week, with the bank's leadership going deeper than rivals to shed jobs.
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Goldman Sachs Looking at Buying, Investing in Bargain Crypto Firms Impacted by FTX Collapse
Goldman Sachs is planning on buying or investing in crypto firms affected by the collapse of Sam Bankman-Fried's FTX crypto exchange last month. The global investment bank is doing due diligence on a number of different crypto firms, according to Goldman Sachs' head of digital assets.
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On Job Cuts, JPMorgan And Bank Of America Cautious Even As Goldman Layoffs Loom
JPMorgan Chase and Bank of America, the two largest US banks by assets, expressed caution about job cuts in contrast with Goldman Sachs, where hundreds of layoffs could start as early this month.
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US Banking Giants Face Over $1 Billion in Fines Over Unauthorised Email, WhatsApp Use
Major US banks like JP Morgan Chase and Bank of America face upwards of $1 billion (roughly Rs. 8,000 crore) in fines, according to recent disclosures. The banks are being probed by the US Securities and Exchange Commission and the US Commodity Futures Trading Commission over employees' use of unapproved messaging tools like email and WhatsApp. Her...
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Google’s Parent Alphabet Is Major Blockchain Investor, Samsung Joins List With PayPal, Microsoft
Google parent Alphabet has invested a whopping sum of $1.5 billion (roughly Rs. 11,900 crore) in the blockchain industry. As per a Blockdata analysis, a total of 40 companies collectively invested around $6 billion (roughly Rs. 47,600 crore) into blockchain startups between September 2021 and June 2022.
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Goldman Sachs Plans to Spin Out Blockchain-Based Digital Assets Platform : Report
Goldman Sachs is working to create a crypto platform. The company, presently, is in talks with various other fintech and Web3 firms which, it feels, have the potential to become partners and load the crypto platform with various features.
-
Goldman Sachs Says Kamala Harris' Victory Better For US Economy
The investment bank stated the US economic growth would likely witness the biggest boost in the coming two years from a Democratic government, headed by Kamala Harris.
-
Meta Says its Llama AI Models Being Used by Banks, Tech Companies
Meta's Llama AI models are seeing a rise in use, the company headed by Mark Zuckerberg said. The mostly free-of-charge Llama models have been downloaded almost 350 million times since Meta began releasing them publicly last year.
-
Goldman Sachs "Dysfunctional Workplace", Claims Ex-Employee, Sues Company: Report
A former Goldman Sachs employee has accused the investment bank of creating a "culture of bullying" where workers "sobbed through meetings" in a 1 million pound lawsuit filed in London.
-
World Fintech Day: Blockchain Is Here to Stay, Existing Fintech Players Must Welcome Web3, Say Experts
On the World Fintech Day, Web3 insiders from India have highlighted that blockchain is the next big refreshment to global financial systems. Meanwhile, the speed at which countries adopt blockchain and integrate it with their financial systems, has been called the metric that would change the game for nations looking to lead the Web3 revolution set...
-
Ola Electric Aims for IPO by End of 2023, Hires Goldman Sachs, Kotak to Manage Share Sale
Ola Electric is planning a stock market listing by the end of 2023, and has appointed investment bank Goldman Sachs and domestic bank Kotak to manage the share sale, a source with direct knowledge of the matter told Reuters.
-
"Severe Breach": Goldman Sachs Fined $7.2 Million For Misreporting Capital Needs
The European Central Bank (ECB) has fined US financial giant Goldman Sachs 6.63 million euros ($7.2 million) for misreporting its capital needs, it said on Monday.
-
Goldman Sachs To Pay $215 Million To Settle Sexual Harassment Suit
Goldman Sachs has said it will pay $215 million to settle a long-running lawsuit against the investment bank, accused by current and former employees of gender bias and sexual harassment.
-
Goldman Sachs Being Probed Over Silicon Valley Bank Collapse
US authorities are investigating Goldman Sachs' work for Silicon Valley Bank in connection with the events surrounding the California bank's collapse, Goldman disclosed in a securities filing Thursday.
-
Wall Street's Biggest Banks Failing Key Green Test in Fresh Study
The six biggest banks on Wall Street are failing to live up to a key plank of their ESG commitments to stakeholders, according to a joint study published on Wednesday.
-
Goldman To Start Among Its Biggest Round Of Job Cuts Ever
Goldman Sachs Group Inc. is embarking on one of its biggest round of job cuts ever as it locks in on a plan to eliminate about 3,200 positions this week, with the bank's leadership going deeper than rivals to shed jobs.
-
Goldman Sachs Looking at Buying, Investing in Bargain Crypto Firms Impacted by FTX Collapse
Goldman Sachs is planning on buying or investing in crypto firms affected by the collapse of Sam Bankman-Fried's FTX crypto exchange last month. The global investment bank is doing due diligence on a number of different crypto firms, according to Goldman Sachs' head of digital assets.
-
On Job Cuts, JPMorgan And Bank Of America Cautious Even As Goldman Layoffs Loom
JPMorgan Chase and Bank of America, the two largest US banks by assets, expressed caution about job cuts in contrast with Goldman Sachs, where hundreds of layoffs could start as early this month.
-
US Banking Giants Face Over $1 Billion in Fines Over Unauthorised Email, WhatsApp Use
Major US banks like JP Morgan Chase and Bank of America face upwards of $1 billion (roughly Rs. 8,000 crore) in fines, according to recent disclosures. The banks are being probed by the US Securities and Exchange Commission and the US Commodity Futures Trading Commission over employees' use of unapproved messaging tools like email and WhatsApp. Her...
-
Google’s Parent Alphabet Is Major Blockchain Investor, Samsung Joins List With PayPal, Microsoft
Google parent Alphabet has invested a whopping sum of $1.5 billion (roughly Rs. 11,900 crore) in the blockchain industry. As per a Blockdata analysis, a total of 40 companies collectively invested around $6 billion (roughly Rs. 47,600 crore) into blockchain startups between September 2021 and June 2022.
