Goldman Sachs

Apple Card: 10 key takeaways

08/08/19

Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology.

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Mastercard’s biggest acquisition; GreenSky puts up for-sale sign

08/07/19

The card company is buying the corporate-services businesses of Danish payments provider Nets A/S; the online lender’s stock plunged after it missed second quarter earnings expectations.

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GreenSky exploring potential sale after earnings disappoint

08/06/19

The Atlanta fintech, whose shares have plummeted since it went public last year, also said it will stop providing financial guidance to its investors.

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Goldman invests in tech; PayPal lowers its profit forecast

07/25/19

The firm joins $40 billion “technology megafund” sponsored by SoftBank Group; company says partnerships are taking longer than expected to bear fruit.

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Regulators publish 'living will' portions for largest banks

07/23/19

The eight "systemically important" banks currently file resolution plans annually, but a pending proposal would require them every two years.

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Betterment-Nbkc joins rush of robo-bank partnerships

07/23/19

Several wealth management firms, including Marcus by Goldman Sachs and Wealthfront, have launched banking products to complement their investment services.

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G7 warns on Libra; N.Y. Fed chief tells central banks to be bold

07/19/19

Finance ministers call for tight regulation of cybercurrencies; Williams says the Fed must “act quickly to lower rates at the first sign of economic distress.”

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Goldman Sachs paid price for expansion into consumer banking

07/16/19

The company revealed its pretax losses for its forays into consumer and other digital banking services, which began in 2016 with the launch of a consumer deposit franchise and an installment loan product.

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Goldman Sachs invests $28M in German fintech set for U.S. debut

07/16/19

Raisin, an online marketplace that aggregates high-yield savings accounts in Europe, aims to launch in the U.S. in the next nine to 12 months.

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Goldman Sachs explores creating a digital coin like JPMorgan’s

06/28/19

CEO David Solomon said that Goldman is “absolutely’’ looking at digital currencies and conducting “extensive research’’ on tokenization.

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