Goldman opens its new engineering office in Bellevue, to house AI and cloud professionals
The location will also provide Goldman the access to a deep pool of engineering talent and a strong pipeline of graduates from leading universities...
Tag : Goldman Sachs
Citi’s China brokerage push set to intensify competition in local market
The American bank, in 2021, applied for a wholly-owned mainland brokerage unit licence to ramp up its presence in China...
Goldman Sachs, BofA-led consortium plans 2027 stablecoin launch
The group also eyes expanding into stablecoins pegged to other G7 currencies, with the euro emerging as the top priority...
European financial firms set for record 228 billion euro in payouts
Banks and insurers are on course to hand shareholders their biggest-ever haul of dividends and buybacks, capping a historic run for the sector...
Anthropic revenue surges ahead of IPO as company eyes Decart AI acquisition
The Claude chatbot maker reported preliminary quarterly revenue of more than USD 11.5 billion, compared with USD 787 million a year earlier...
Wall Street bets USD 500 billion on Nvidia’s AI boom as Big Tech faces debt concerns
NVIDIA has struck partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to create "compute financing platforms" to fund AI boom...
With NEOS acquisition, Goldman consolidates its position in active ETF space
NEOS has emerged as a pioneer in next-generation options-based ETF solutions that seek to provide high monthly income, tax efficiency, and diversification...
Trading, dealmaking booms to hand Wall Street bankers bumper bonuses, says consultancy
Equity traders and M&A advisers are expected to receive the biggest pay rises as market volatility and record deal activity fuel earnings growth...
IF Insights: Shein’s Hong Kong IPO faces its hardest sell yet
The fast fashion giant is chasing a USD 40 billion to USD 50 billion valuation just as tariffs bite, margins thin and Europe becomes its biggest market...
IF Insights: Wall Street’s investment banking rebounds on strong Q2 earnings
Industry biggies post strong second-quarter profits as investment banking and trading eclipse traditional lending as the financial sector's biggest growth engine...