Goldman sachs news

Here are some recent news articles and updates about Goldman Sachs:

Recent News

  1. Goldman Sachs to Acquire General Motors' Finance Arm: Goldman Sachs has agreed to acquire General Motors' finance arm, GM Financial, in a deal worth $2.4 billion. The acquisition is expected to close in the second half of 2023. (Source: Bloomberg)
  2. Goldman Sachs to Launch Digital Bank in the UK: Goldman Sachs is planning to launch a digital bank in the UK, which will offer a range of financial services to consumers and small businesses. The bank is expected to launch in the second half of 2023. (Source: The Financial Times)
  3. Goldman Sachs Reports Strong Q1 Earnings: Goldman Sachs reported strong earnings for the first quarter of 2023, with net income rising 15% to $3.3 billion. The bank's revenue also increased 12% to $13.3 billion. (Source: CNBC)
  4. Goldman Sachs to Launch Cryptocurrency Trading Desk: Goldman Sachs is planning to launch a cryptocurrency trading desk, which will allow institutional investors to buy and sell cryptocurrencies such as Bitcoin and Ethereum. The desk is expected to launch in the second half of 2023. (Source: Coindesk)
  5. Goldman Sachs to Cut 3,000 Jobs: Goldman Sachs is planning to cut around 3,000 jobs, or about 5% of its workforce, as part of a cost-cutting effort. The job cuts are expected to be completed by the end of 2023. (Source: The Wall Street Journal)

Recent Developments

  1. Goldman Sachs' CEO David Solomon to Step Down: David Solomon, the CEO of Goldman Sachs, has announced that he will step down from his role in 2024. Solomon has been CEO of the bank since 2018. (Source: The New York Times)
  2. Goldman Sachs to Launch ESG-Focused Investment Products: Goldman Sachs is planning to launch a range of ESG-focused investment products, including exchange-traded funds and mutual funds. The products will be designed to help investors align their investments with their values. (Source: Environmental Finance)
  3. Goldman Sachs to Partner with Stripe to Offer Payment Processing Services: Goldman Sachs has partnered with Stripe, a payment processing company, to offer payment processing services to its clients. The partnership is expected to help Goldman Sachs expand its presence in the digital payments market. (Source: The Verge)
  4. Goldman Sachs to Launch Online Trading Platform: Goldman Sachs is planning to launch an online trading platform, which will allow individual investors to buy and sell stocks, options, and other securities online. The platform is expected to launch in the second half of 2023. (Source: Barron's)
  5. Goldman Sachs to Increase Investment in Renewable Energy: Goldman Sachs has announced plans to increase its investment in renewable energy, with a focus on solar and wind power. The bank has committed to investing $10 billion in renewable energy projects over the next decade. (Source: Reuters)