CFOs On the Move: Week Ending September 17
Goldman Sachs, Acrisure, Revasum, Chico's FAS, Bark, Cinedigm, Renren, Vroom, Pocket.watch, Lyra Therapeutics
Fed Announces Capital Buffers for Big Banks
Based on the latest stress test results, Goldman Sachs is required to have the largest buffer against losses, followed by Morgan Stanley.
Apple Working on ‘Buy Now, Pay Later’ Plan
The company is partnering with Goldman Sachs to let users pay for purchases in installments and will rival similar services offered by Affirm and PayPal.
Goldman Sachs Tests Tokenized Treasury Bonds
The investment bank swapped swapped a tokenized version of a U.S. Treasury bond for JPM Coin — JPMorgan Chase’s stablecoin.
What the C-Suite Is Saying About Bitcoin
On first-quarter earnings calls, CFOs and CEOs revealed their attitudes about and approaches to cryptocurrencies.
Ex-Goldman Analyst Barred for Insider Trading
FINRA says Brian Maguire traded shares in two companies after learning that a colleague was upgrading his recommendation on the firms.
Goldman Sachs Evaluates Bitcoin as Client Demand Rises
The bank is exploring how to own and invest in Bitcoin while making sure it is regulated.
Goldman Sachs to Claw Back Exec Bonuses and Cut Compensation
Goldman Sachs also agreed to pay more than $2.9 billion as part of a deferred prosecution agreement with the U.S. Department of Justice.
Goldman Crushes Estimates With $2.4B Profit
“Our strong [second-quarter] financial performance across our client franchises demonstrates the inherent benefits of our diversified business model."
Amazon, Goldman to Offer SMB Credit Lines
In a marriage of tech and Wall Street, sellers on Amazon will be eligible for credit lines of up to $1 million from Goldman Sachs' Marcus brand.
Goldman Profit Dives on Big Investment Losses
“We were on a good roll through January and February. Then came March," CFO Stephen Scherr says.