Browsing Tag
Goldman
9 posts
Goldman, Apple to pay $89 million after CFPB card probe revealed they ‘misled customers’, ‘mishandled disputes’
Goldman Sachs Group Inc. and Apple Inc. will pay more than $89 million to resolve a long-running investigation into their credit-card joint venture after the top US consumer watchdog said the pair misled customers and mishandled disputes.The Consumer Financial Protection Bureau said customer service breakdowns and misrepresentations affected hundreds of thousands of Apple Card users.
Feds probe Goldman Sachs role in failed SVB fundraising deal
Goldman Sachs Group Inc.’s role in Silicon Valley Bank’s attempt to raise funds in March is under review by US governmental agencies, which are looking into the failed transaction that helped push the US regional-banking system into turmoil. The Wall Street titan is cooperating and providing information to the government in connection with their investigations
Goldman Sachs Maintains Newmont (NEM) Buy Recommendation
Fintel reports that on April 21, 2023, Goldman Sachs maintained coverage of Newmont (NYSE:NEM) with a Buy recommendation. Analyst Price Forecast Suggests 20.79% Upside As of April 6, 2023, the average one-year price target for Newmont is $57.83. The forecasts range from a low of $48.48 to a high of $70.35. The average price target
Goldman Says China Property Support Programme Falls Short of Blanket Bailout
The policy measures focus in part on ensuring completion of projects like this Evergrande complex A rescue package proposed by Chinese authorities on Friday may not be enough to spark immediate relief for investors in the country’s troubled developer bonds according to analysts from Goldman Sachs. After China’s central bank and top banking regulator rolled
Goldman Sachs looking to expand its crypto-related services
Derivatives The Wall Street giant already offers its wealthiest clients the option to invest in select cryptocurrencies and is now looking to offer over the counter bilateral crypto options. Assad Jafri • Mar. 11, 2022 at 6:05 am UTC • 2 min read Cover art/illustration via CryptoSlateThe Goldman Sachs Group is reportedly looking into expanding…
Goldman Sachs: Här finns över 70 procents uppsida
Goldman Sachs har publicerat en lista över kölpvärda aktier, varav några har en möjlig uppsida på mer än 70 procent, skriver CNBC. Det amerikanska bredbandsbolaget Frontier Communications har en ljus framtid enligt Goldman Sachs. Enligt banken har aktien “en mängd möjligheter”. Banken sätter en riktkurs på 48 dollar, vilket skulle innebära 82,2 procents uppsida jämfört…
Under måndagen börjar rättegången i USA mot Roger Ng, före detta bankir på Goldman Sachs och chef för investment banking i Malaysia, som misstänks ha varit med och plundrat en fond, 1MDB (Malaysias statliga investeringsfond) på 2,7 miljarder dollar. Personer knutna till den dåvarande malaysiske premiärministern Najib Razak samt myndigheter i Abu Dhabi ska ha…
Here’s What Goldman Sachs Is Expecting For Markets And The Economy In 2022
A Goldman Sachs logo is displayed on the floor of the New York Stock Exchange in New York City. Corbis via Getty Images Goldman Sachs’ consumer and wealth management arm believes 2022 will be a huge year for value stocks while the broader S&P 500 Index will see single-digit growth of 6.3%. The New York-based…
Goldman Sachs shows Bitcoin outperformed all capital markets in 2021
Bitcoin › U.S. › AdoptionYet again, Bitcoin outperformed all benchmark and thematic equity baskets in 2021. Andjela Radmilac · January 3, 2022 at 4:30 pm UTC · 2 min read The latest data from Goldman Sachs shows that Bitcoin has cemented its position as the go-to store of value among many investors.According to the bank’s…