Latest Goldman Sachs News: Finextra Research

TradeWeb to launch online CP market

Dealer-backed bond trading venture TradeWeb, has announced plans to launch a commercial paper (CP) marketplace. The TradeWeb CP market will initially derive liquidity from its backers, Credit Suisse First Boston, Deutsche Bank, Goldman Sachs, Lehman Brothers, Merrill Lynch, Morgan Stanley and Salomon Smith Barney.

08 February 2001

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Goldman Sachs scores Italian online brokerage deal

Banco Popolare di Verona (BPV) is to be the first Italian bank user for Goldman Sachs' PrimeAccess order execution service. The US investment bank has also reached an agreement with TAS Tecnologia Avanzata dei Sistemi (TAS) to provide order transmission and management services between PrimeAccess and retail brokers and banks in Italy.

13 December 2000

/wholesale

Goldman Sachs launches financial services venture arm

Goldman Sachs is launching GSVentures, an early stage investments fund charged with identifying ideas and management teams to create and build new financial services businesses.

27 September 2000

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Top investment banks form TheMarkets.com information portal

In a move to establish a new platform to communicate proprietary equity information, seven of the world's largest investment banks - Goldman Sachs, Merrill Lynch, Morgan Stanley Dean Witter, Salomon Smith Barney, Credit Suisse First Boston, Deutsche Banc Alex Brown, and UBS Warburg - have announced an agreement to create "TheMarkets.com," a portal for institutional investors that offers commingled equity research, new issue information, news, and market data.

13 September 2000

/regulation

PwC to create new Internet reporting system for global banks

PricewaterhouseCoopers has been commissioned to create an electronic communications system and central repository called Data Link for Intermediaries (Dali) at the request of The Depository Trust & Clearing Corporation (DTCC) and a consortium of global financial institutions including Goldman, Sachs, Merrill Lynch, Morgan Stanley Dean Witter and Salomon Smith Barney.

09 August 2000

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Top investment banks launch electronic bond trading system

Three of Wall Street's bigest investment banks have joined forces to build a new electronic bond trading system. The three firms, Goldman Sachs, Merrill Lynch, and Morgan Stanley Dean Witter describe the BondBook initiative as representing "a major change in the structure of the fixed-income markets".

16 June 2000

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