John Waldron edges closer to Goldman CEO’s chair as David Solomon eyes exit by 2028
John Waldron’s Goldman career began in 2000, when he joined the investment bank after working alongside Solomon at Bear Stearns...
Tag : Goldman Sachs
Wall Street’s capital truce collapses over one line in Fed rulebook
A change to how the Federal Reserve measures short-term funding has set JPMorgan and Bank of America against Goldman Sachs and Morgan Stanley...
How Nvidia turned its chips into Wall Street’s newest asset class
The AI boom has outgrown Big Tech's cash reserves. Jensen Huang's answer is a $500 billion financing pipeline that shifts the burden onto private credit...
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...
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...