Goldman Sachs

Goldman Takes Bitcoin To Task
Goldman Takes Bitcoin To Task
May 29, 2020  |  Cryptocurrency

Bitcoin: not worth much – except what someone else is willing to pay for it. Goldman Sachs’ withering assessment of bitcoin this week may be...

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Goldman Sachs: Unemployment Could Remain High For Next 2 Years
Goldman Sachs: Unemployment Could Remain High For Next 2 Years
May 27, 2020  |  Economy

High unemployment could remain a constant for the next two years as people struggle to find jobs, according to Goldman Sachs. The numbers could remain...

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Goldman Looks For Bank Merger Partner
Goldman Looks For Bank Merger Partner
May 14, 2020  |  Partnerships / Acquisitions

Wells Fargo, PNC and U.S. Bancorp are the names on the shortlist of whom Goldman Sachs might approach for a merger deal amid declining earnings...

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Goldman: US Unemployment Rate Could Hit 25 Pct
Goldman: US Unemployment Rate Could Hit 25 Pct
May 14, 2020  |  Economy

Goldman Sachs’ forecast for the nation’s unemployment rate rose by 10 percent, as the bank now predicts at least a 25 percent unemployment rate due...

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Using Payments To Keep Workwear Affordable For The Essential Workforce
Using Payments To Keep Workwear Affordable For The Essential Workforce
April 29, 2020  |  Buy Now Pay Later

Buy now, pay later (BNPL) solutions are well on their way to challenging credit cards as younger consumers’ deferred payment method of choice. Millennials carry...

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Goldman-Backed Startups Jumia, Twiga Team For Kenya Produce Delivery 
Goldman-Backed Startups Jumia, Twiga Team For Kenya Produce Delivery 
April 28, 2020  |  International

Two African startups backed by Goldman Sachs — the eCommerce platform Jumia and the B2B AgTech startup Twiga Foods — have teamed for produce delivery...

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Today In Payments: Marcus Reports $12B Boost In Deposits; Alphabet To Decelerate Pace Of Hiring
Today In Payments: Marcus Reports $12B Boost In Deposits; Alphabet To Decelerate Pace Of Hiring
April 16, 2020  |  News

In today’s top news, Goldman Sachs reported a $12 billion boost in Marcus deposits with a $72 billion tally at the end of the quarter, while...

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Goldman’s Marcus At $72B In Deposits
Goldman’s Marcus At $72B In Deposits
April 15, 2020  |  Earnings

It’s becoming a familiar refrain on Wall Street: reserves to cover potential soured loans. On Wednesday (April 15), Goldman Sachs reported earnings that, like other marquee...

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Goldman Sachs: US Unemployment To Hit 15 Pct; GDP May Drop 34 Pct In Quarter
Goldman Sachs: US Unemployment To Hit 15 Pct; GDP May Drop 34 Pct In Quarter
April 14, 2020  |  Economy

Goldman Sachs‘ new prediction is that the economic fallout from the coronavirus pandemic will end up four times worse than the recession from 2008-09, but...

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