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“# Ex-Wall Street execs lead new Bitcoin mining firm as US hash rate soars ” Prime Blockchain (PrimeBlock), a new cryptocurrency mining company in the United States, is hiring its inaugural management team after starting mining Bitcoin (BTC) in September. PrimeBlock told Cointelegraph on Thursday that it appointed Goldman Sachs veteran Gaurav Budhrani as the…
“# Goldman Sachs boosts tokenization efforts with new partnership ” American investment bank Goldman Sachs, a backer of major cryptocurrency firm Circle, is strengthening its tokenization efforts by partnering with the blockchain startup Digital Asset. The partnership enables Goldman Sachs to use Daml, a development framework created by Digital Asset to allow financial institutions to…
“#Goldman CEO David Solomon beats ‘back-to-office’ drum — from LA” Goldman Sachs Chief Executive David Solomon was beating the “back-to-the-office” drum again this week — this time from a conference in Los Angeles. The Goldman honcho said an in-person culture is critical for the New York-based bank, where more than 50 percent of employees are…
“#Wall Street’s city-wide puzzle Compass raises over $1M for charity” Wall Street’s brightest minds battled it out on Saturday by hitting multiple locations around NYC to solve intricate, immersive puzzles, while raising more than $1 million for charity Good Shepherd. Goldman Sachs, JP Morgan, Bridgewater Capital, Element Capital (which sponsored the event), PDT Partners, Barclays,…
“#Dow surges nearly 400 points on strong Goldman profits, retail spending” US stocks rose on Friday as Goldman Sachs was the latest big bank to report strong results and better-than-expected retail sales eased worries about demand. The Dow Jones Industrial Average rose 395.05 points, or 1.13%, to 35,307.61, the S&P 500 gained 35.98 points, or 0.81%, to…
“#Execs peeved at Goldman CEO for moving to floors with ‘rank-and-file’ workers” Goldman Sachs CEO David Solomon’s long-delayed initiative to move senior executives at the firm’s headquarters closer to the rank-and-file has finally come to fruition — and it’s rankling higher-ups and underlings alike, sources told The Post. Top brass, including Solomon, have descended from…
“#Goldman Sachs rebel’s dad is tough on TPG employees” An entry-level banker helped spark a workers’ revolution at Goldman Sachs, but would he have tried to pull those shenanigans with his dad? Last month, it was revealed that among the first-year bankers who assembled a viral slide presentation that detailed brutal working conditions at Goldman…
“#Goldman Sachs workers raging over COVID vax rules are fuming over CEO’s DJ gig” Over the weekend, Goldman Sachs chief David Solomon Instagrammed on his gig as DJ D-Sol at the BottleRock music festival in Napa Valley. “We had a blast at @bottlerocknapa!” the 59-year-old Wall Street titan enthused. The beats-slinging banker thanked folks who…
“# One River Digital raises $41M from Goldman Sachs and Coinbase ” One River Digital, a cryptocurrency-focused hedge fund offering exposure to Bitcoin (BTC) and Ether (ETH), has closed its first funding round after launching last year. One River Digital president Sebastian Bea confirmed Wednesday that the company had raised $41 million in a Series…
“#Goldman populist pay flap led in part by son of $108B fund bigwig” The populist uprising at Goldman Sachs over junior banker pay was led by a first-year employee with a rather princely background. The son of TPG Capital Vice Chairman Jonathan Coslet was one of the ringleaders behind a PowerPoint presentation that went viral…