Goldman Sachs - News, Articles & Research

Company announcement/regulation

CFTC hits Goldman Sachs with $15 million fine for violating swap standards

The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Goldman Sachs & Co. LLC (Goldman) for violations of the CFTC’s Business Conduct Standards applicable to swap dealers.

11 April 2023

News/wealth

Droit gets UBS backing for expansion into wealth management

US RegTech Droit has secures $23 million in Series B funding with support from Pivot Partners and UBS as co-leads, and existing investor Goldman Sachs.

07 March 2023

News/retail

Goldman Sachs fintech unit makes $1.2bn loss in nine months

Goldman Sachs' newly-created "Platform Solutions" unit, which houses the firm's fintech, credit card and transaction banking operations, made a pre-tax loss of $1.2 billion in the first nine months of 2022.

13 January 2023

News/crypto

Goldman Sachs to ramp up M&A activity in distressed crypto market

Goldman Sachs is in the market for bargain-basement crypto firms following the collapse of FTX, Reuters reports.

06 December 2022

News/wholesale

France and Luxembourg complete CBDC experiment

The central banks of France and Luxembourg have used an experimental CBDC to settle a EUR100 million digital native bond.

30 November 2022

Company announcement/regulation

Goldman Sachs pays $4 million penalty over ESG failings

The Securities and Exchange Commission today charged Goldman Sachs Asset Management, L.P. (GSAM) for policies and procedures failures involving two mutual funds and one separately managed account strategy marketed as Environmental, Social, and Governance (ESG) investments.

23 November 2022

News/crypto

Goldman, MSCI and Coin Metrics launch digital asset classification system

Goldman Sachs has joined forces with MSCI and Coin Metrics to launch a classification system, called datonomy, for the digital assets market.

04 November 2022

News/people

AFP 2022: Bank and corporate DEI advocates dare firms to be different

The Association for Financial Professionals (AFP) annual conference featured a session Monday called 'Dare to be Different'. During the hour-long programme, a panel featuring diversity, equity, and inclusion experts from Goldman Sachs, Loop Capital, and Dropbox emphasised the financial and organisational advantages of increasing access and career advancement opportunities for women and minorities.

25 October 2022

News/retail

Goldman Sachs folds Marcus into wealth management unit

Goldman Sachs is retreating from its push into retail banking, folding digital unit Marcus into its asset and wealth management division as part of a wider reorganisation.

18 October 2022

News/retail

Apple partners Goldman Sachs for savings account

Apple has joined forces with Goldman Sachs to add a high-yield savings account feature to its credit card.

13 October 2022

News/retail

Is Goldman Sachs ready to pull the rug on Marcus?

Goldman Sachs appears ready to ditch its ambitions to create a mass-market digital bank, as mounting losses at Marcus force the mighty investment bank into a retreat.

10 October 2022

News/regulation

Morgan Stanley, Goldman Sachs, among banks fined $1.1 billion by SEC

16 of Wall Street’s largest financial institutions been charged to pay a combined $1.1 billion to US regulators for not monitoring unauthorised employee messaging, announced the Securities and Exchange Commission (SEC) on Tuesday.

28 September 2022