Goldman Sachs

Walmart Sharpens FinTech Super App Ambition, Poaches Goldman’s Marcus Team
Walmart Sharpens FinTech Super App Ambition, Poaches Goldman’s Marcus Team
February 28, 2021  |  Walmart

Walmart is enlisting the help of two Goldman Sachs executives to help roll out a new FinTech startup as the retail giant gets into banking,...

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Today In Digital First Banking: Wells Fargo To Sell Asset Management Operation; FDIC Says Bank Profits Fell 36.5 Pct In 2020
Today In Digital First Banking: Wells Fargo To Sell Asset Management Operation; FDIC Says Bank...
February 23, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Wells Fargo announced that it has made a deal to sell its asset management business for $2.1 billion,...

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Today In Payments: Goldman Launches Marcus Invest; Europe Eyes Amsterdam As Center For SPACs
Today In Payments: Goldman Launches Marcus Invest; Europe Eyes Amsterdam As Center For SPACs
February 17, 2021  |  News

In today’s top news, Goldman launched its investment app, Marcus Invest, and Amsterdam steps out as the center for European SPACs. Plus, Marqeta looks to...

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Goldman Launches Marcus Invest To Target Retail Investor
Goldman Launches Marcus Invest To Target Retail Investor
February 17, 2021  |  Investments

Goldman Sachs is launching Marcus Invest to facilitate automated stock buys, the Wall Street Journal (WSJ) reported on Tuesday (Feb. 16). A digital platform, Marcus...

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Today In Digital-First Banking: China To Pilot Digital Yuan In Third Test Run; Goldman Consumer Banking Hires Exec To Lead D2C Business
Today In Digital-First Banking: China To Pilot Digital Yuan In Third Test Run; Goldman Consumer...
February 09, 2021  |  Digital Banking

In today’s top digital-first banking news, the central bank of China is planning another test run of its digital currency, while Goldman Sachs has hired...

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Goldman Consumer Banking Division Adds Former Stripe Exec Bhatia To Run D2C Business
Goldman Consumer Banking Division Adds Former Stripe Exec Bhatia To Run D2C Business
February 08, 2021  |  Personnel

Goldman Sachs has hired two executives to leadership roles, including ex-PayPal executive Swati Bhatia and insider David Stark, Reuters reported. Bhatia will work as head...

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Today In Payments: Jack Ma In First Public Appearance Since Ant IPO Pulled; New PPP Extends $5 Billion During First Week
Today In Payments: Jack Ma In First Public Appearance Since Ant IPO Pulled; New PPP...
January 20, 2021  |  News

In today’s top news, Jack Ma made his first appearance in three months to speak to rural teachers in China, and the new round of...

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Today In Digital-First Banking: Banque de France Completes CBDC Pilot; New PPP Extends $5 Billion In Loans In First Week
Today In Digital-First Banking: Banque de France Completes CBDC Pilot; New PPP Extends $5 Billion...
January 20, 2021  |  Digital Banking

In today’s top news in digital-first banking, Banque de France has completed its central bank digital currency (CBDC) test, while roughly 60,000 loans were distributed during...

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Goldman CEO Says SPAC Explosion ‘Unsustainable’
Goldman CEO Says SPAC Explosion ‘Unsustainable’
January 19, 2021  |  Partnerships / Acquisitions

Goldman Sachs CEO David Solomon said he doesn’t think the current special purpose acquisition company (SPAC) boom is sustainable, the Financial Times (FT) reported. Companies...

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