Fintech conglomerate SunGard has confirmed that it is "considering pursuing" an initial public offering and using the proceeds to pay off debt.
Goldman Sachs has hired former Discover card services executive Harit Telwar to head up a new digital banking unit, taking its cue from the swathes of fintech startups that are using technology-led services to penetrate one-time banking strongholds in lending to customers and small businesses.
Goldman Sachs has bought a $20.5 million minority stake in Perseus, a firm that provides super-fast connectivity for high-frequency trading firms.
Billtrust, the leader in Payment Cycle Management, has raised $25 million in new funding, led by Goldman Sachs Private Capital Investing and existing investor Bain Capital Ventures.
Sergey Aleynikov, the former Goldman Sachs programmer who had a conviction for stealing the bank's propriety HFT code overturned is back on trial on charges related to the same incident.
Today, Clarient Global LLC ("Clarient ") announced that Clarient Entity Hub, a new service designed to simplify client data and document management, is now live and operational with 5 of the world's leading banks and asset managers including Barclays, Credit Suisse, Goldman Sachs, JPMorgan Chase and State Street, representing over USD 8 trillion AUM combined.
Some of the biggest names on Wall Street, including John Mack and Vikram Pandit, have joined a $130 million funding round for Dataminr, a startup that trawls through tweets and other data sources to create alerts for clients such as banks.
Crypto Facilities Ltd, a London-based broker run by former Goldman Sachs Executive Director Timo Schlaefer, announced today the launch of its bitcoin derivatives trading platform.
Social Finance, Inc. (SoFi), a leader in marketplace lending, today announces $200 million in Series D funding led by Third Point Ventures and affiliates of Third Point LLC, with Wellington Management Company LLP, Institutional Venture Partners and existing investors also participating in the round.
Antuit Holdings Pte Ltd (“Antuit”), a global, Big Data solutions company headquartered in Singapore, announced today it has secured an investment of up to $56 million led by Goldman Sachs (GS), a leading global investment bank, and Zodius Capital (“Zodius’), an original founding investor.
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