Search Results for: Goldman Sachs

Chinese tycoon Jack Ma’s online payments firm is now worth more than Goldman Sachs

June 11th, 2018 (0)
Chinese tycoon Jack Ma’s online payments company just raised a huge pile of cash from investors. Ant Financial said in a statement Friday that it has brought in $14 billion from Chinese and foreign investors. It plans to use ...

Goldman Sachs to pay $54.75 Million for unsound conduct in its Forex business

May 16th, 2018 (0)
The New York State Department of Financial Services (DFS) has issued a statement early this month to inform that Goldman Sachs fined $54.75 Million for unsafe and unsound conduct in its Foreign Exchange trading business. Goldman Traders Improperly Shared Customer ...

Goldman Sachs plans to trade bitcoin futures contracts

May 4th, 2018 (0)
Goldman Sachs, one of the most well-known investment banking and financial services providers in the world, announced plans to trade bitcoin futures contracts – a Wall Street first. Goldman’s competitors like JP Morgan have so far shunned the risks ...

Agricultural commodity prices to fall again in 2018, says Goldman Sachs

December 27th, 2017 (0)
Agricultural commodity prices, on course for a third successive year of decline, are on course for a fourth, Goldman Sachs said, even as it lifted its forecast for cotton prices. The investment bank forecast commodity returns overall, as measured ...

Goldman Sachs predicts bitcoin can run past $7,900

November 8th, 2017 (0)
Goldman Sachs expects bitcoin will hit new records, despite a roughly $600 drop in the digital currency from all-time highs. Bitcoin can hit $7,941 and eventually trade higher, Goldman Sachs’ Sheba Jafari says in a Sunday note. Following last ...

Goldman Sachs Predicts Bitcoin Price May Cross Over $3600

July 27th, 2017 (0)
Sheba Jafari, the widely acknowledged market predictor for Goldman Sachs, has predicted that the price of Bitcoin may reach a new high over $3,600 soon. The movement is in line with Sheba Jafari’s earlier analysis in June when she ...

Goldman Sachs thinks bitcoin could see a big drop then surge to almost $4,000

July 4th, 2017 (0)
Bitcoin had a blistering first half of 2017. It rallied from about $1,000 a coin to a record high near $3,000 before finishing June near $2,500. It booked a first-half gain of about 168%. The historic run for the ...

Goldman Sachs warned that the bitcoin price may be headed to bearish territory

June 14th, 2017 (0)
Wall Street banking giant Goldman Sachs warned its clients that the bitcoin price may be headed for bearish territory. In a recent client note, published by finance blog Zero Hedge, chief technician Sheba Jafari, offered his view on the ...

Goldman Sachs Sees Big Potential for Fintech in Brazil

May 16th, 2017 (0)
Brazil is experiencing a wave of growth in financial technology that will most likely eat into the market share of the country’s huge and long untouchable banks, a new report from Goldman Sachs says. Entitled “Fintech Brazil’s Moment,” the ...

Goldman Sachs AM to close fixed income fund

May 12th, 2017 (0)
Goldman Sachs Asset Management is closing one of its fixed income funds due to its dwindling size. The asset management firm has decided to shut the $19 million (£14.7 million) Sterling Broad Fixed Income portfolio. Wealth Manager understands the ...
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