Goldman Sachs

CE 100 Index Falters 0.8% as CrowdStrike Plunges on Global IT Outage
CE 100 Index Falters 0.8% as CrowdStrike Plunges on Global IT Outage
July 22, 2024  |  Connected Economy

The CE 100 Index faltered 0.8% in a week that reminded us just how connected we all are — by software, hardware, and apps —...

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Goldman’s Card Balances Up 11% as Management Is ‘Pleased’ With Credit Performance
Goldman’s Card Balances Up 11% as Management Is ‘Pleased’ With Credit Performance
July 15, 2024  |  Earnings

Goldman Sachs’ GreenSky sale is in the rearview mirror and its pivot from Main Street banking is ongoing. Its latest earnings results, released Monday (July...

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Case Against Big Banks Overcharging on Corporate Bonds Revived
Case Against Big Banks Overcharging on Corporate Bonds Revived
July 02, 2024  |  Legal

A lawsuit accusing 10 banking giants of overcharging investors on corporate bonds has been resurrected. The reason, as Reuters reported Tuesday (July 2), is because...

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Half of All Influencers Peak at $15K Per Year
Half of All Influencers Peak at $15K Per Year
June 18, 2024  |  Social Commerce

You can make money as a social media influencer. But maybe not enough to get by. A report Monday (June 17) evening by The Wall...

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Stream Innovations Secures Warehouse Facility to Expand Home Improvement Loans
Stream Innovations Secures Warehouse Facility to Expand Home Improvement Loans
June 13, 2024  |  Loans

Stream Innovations has secured a $400 million warehouse facility from Goldman Sachs to expand its portfolio of home improvement loans. The company, which provides point-of-sale financing...

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Goldman Plans to Double Down on Loans to Super-Rich Clients
Goldman Plans to Double Down on Loans to Super-Rich Clients
June 13, 2024  |  Banking

Goldman Sachs reportedly wants to double its lending to its most affluent customers. This plan would play out over the next five years for clients with...

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Banks Boost Revenue Streams With Transaction Management Services and Technologies
Banks Boost Revenue Streams With Transaction Management Services and Technologies
June 04, 2024  |  Banking

Card spending is volatile, and commercial real estate loans look shaky. Rules on how much capital must be held on banks’ balance sheets are under...

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Cleveland Fed Names Goldman’s Beth Hammack as President
Cleveland Fed Names Goldman’s Beth Hammack as President
May 30, 2024  |  Personnel

A longtime Goldman Sachs executive is the Federal Reserve Bank of Cleveland’s new leader. Beth Hammack, co-head of global finance at Goldman, has been named...

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Goldman Sachs Alternatives Raises Largest Loan Partners Fund Since 2008
Goldman Sachs Alternatives Raises Largest Loan Partners Fund Since 2008
May 29, 2024  |  Investments

Goldman Sachs Alternatives raised more than $20 billion for senior direct lending. The total includes $13.1 billion in its West Street Loan Partners V fund,...

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