# Goldman Sachs to utilize JPM Coin for repo trades

# Goldman Sachs to utilize JPM Coin for repo trades

“# Goldman Sachs to utilize JPM Coin for repo trades ” Goldman Sachs is reportedly one of several financial institutions to sign on to JPMorgan’s custom blockchain service — a sign that more broker-dealers were looking to take advantage of digital currencies for their repo operations. In an interview with Bloomberg, Scott Lucas, head of…

Read More
#Robinhood hires Goldman Sachs to lead IPO

#Robinhood hires Goldman Sachs to lead IPO

“#Robinhood hires Goldman Sachs to lead IPO” Stock trading app Robinhood Markets has picked Goldman Sachs to lead preparations for an initial public offering which could come next year and value it at more than $20 billion, people familiar with the matter said on Tuesday. Robinhood was valued at $11.7 billion in its last private…

Read More
#Why Nasdaq’s latest diversity plan is hypocritical

#Why Nasdaq’s latest diversity plan is hypocritical

“#Why Nasdaq’s latest diversity plan is hypocritical” It takes a preposterous leap of faith to argue that adding more women or minorities to corporate boards will miraculously lead to the end of illegal insider trading.  But that’s exactly what the Nasdaq stock market has asserted in a proposal submitted to the government last week. It’s…

Read More
#Cohn playing coy on giving Goldman Sachs back his 1MDB money

#Cohn playing coy on giving Goldman Sachs back his 1MDB money

“#Cohn playing coy on giving Goldman Sachs back his 1MDB money” It has been six weeks since Goldman Sachs clawed back millions of dollars from top executives over the company’s involvement in the Malaysian corruption scandal — but one high-profile holdout remains. Former Goldman president and operating chief Gary Cohn — who left the firm…

Read More
#BlackRock poised to replace Goldman Sachs inside the White House

#BlackRock poised to replace Goldman Sachs inside the White House

“#BlackRock poised to replace Goldman Sachs inside the White House” Forget “Government Sachs” — it’s BlackRock that’s shaping up to be Wall Street’s new elephant inside the White House. President-elect Joe Biden is raising eyebrows with chatter that he’s poised to name two executives from BlackRock — the asset-management colossus headed by billionaire Larry Fink,…

Read More
#Goldman Sachs says commodities poised for bull market

#Goldman Sachs says commodities poised for bull market

“#Goldman Sachs says commodities poised for bull market” Goldman Sachs on Wednesday maintained its “overweight” recommendations for commodities in 2021, reasoning the sector was possibly the best hedge against likely inflation and poised for another bull market. The bank forecast a return of about 27 percent over a 12-month period on the S&P/Goldman Sachs Commodity…

Read More