#Goldman Sachs’ David Solomon eyes bargain crypto firms

#Goldman Sachs’ David Solomon eyes bargain crypto firms

“Goldman Sachs’ David Solomon eyes bargain crypto firms” Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit valuations and dampened investor interest. FTX’s implosion has heightened the need for more trustworthy, regulated cryptocurrency players, and big banks see an opportunity to…

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#Morgan Stanley CEO James Gorman making ‘modest’ job cuts

#Morgan Stanley CEO James Gorman making ‘modest’ job cuts

“Morgan Stanley CEO James Gorman making ‘modest’ job cuts” Morgan Stanley is making modest job cuts across the globe, Chief Executive James Gorman said, as Wall Street comes under pressure with dealmaking slowing down. “Some people are going to be let go,” Gorman said at the Reuters NEXT conference, without specifying numbers. “We’re making some modest cuts all over…

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