Goldman Sachs - News, Articles & Research

Goldman sells mass market wealth management business

Goldman Sachs continues its retreat from the mass-market banking arena, selling off its Personal Financial Management (PFM) unit to Creative Planning.

28 August 2023

News/wealth

Goldman considers sale of mass market wealth management business

Goldman Sachs is considering the sale of its Personal Financial Management unit, further accelerating its retreat from the mass-market banking business.

22 August 2023

News/people

LSEG names Goldman vet Irfan Hussain CIO

London Stock Exchange Group has appointed Goldman Sachs' Irfan Hussain chief information officer.

09 August 2023

News/retail

Apple Card savings account hits $10bn in deposits

The Apple Card's savings account has racked up more than $10 billion in deposits since launching in April.

02 August 2023

News/people

Goldman seeks way out of Apple Card partnership - report

As Goldman Sachs reportedly seeks to exit is credit card deal with Apple, it has emerged that the bank's underwriting system initially rejected Tim Cook's card application.

28 July 2023

News/cloud

FS giants team on open standards project for common cloud controls

The Fintech Open Source Foundation (Finos) is forming an open standard project to describe consistent controls for compliant public cloud deployments in the financial services sector.

28 July 2023

News/payments

PE firms eye Goldman's GreenSky at steep discount

Goldman Sachs has received several offers from investment firms to buy its BNPL-based home improvement lender GreenSky, according to press report.

14 June 2023

News/people

Goldman Sachs fintech boss Stephanie Cohen takes leave of absence

The boss of Goldman Sachs' recently created "Platform Solutions" fintech unit, Stephanie Cohen, is taking a leave of absence for personal reasons.

09 June 2023

News/payments

Goldman Sachs mulls sale of $2.1bn BNPL business Greensky

Goldman Sachs is mulling the sale of its buy now, pay later-based home improvement lender Greensky as it continues its retreat from the consumer finance market.

19 April 2023

News/retail

Apple launches savings account

Apple has launched its long-trailed Apple Card savings account from Goldman Sachs with a 4.15% annual percentage yield.

17 April 2023

Company announcement/cloud

Coupa and Goldman Sachs Transaction Banking team on business payments

Coupa, a global leader in Business Spend Management (BSM), and Goldman Sachs Transaction Banking (TxB), a modern, digital-first, cloud-based bank provider, today announced a joint initiative to simplify payment processes between businesses and their global supply chains.

14 April 2023

Company announcement/regulation

CFTC hits Goldman Sachs with $15 million fine for violating swap standards

The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Goldman Sachs & Co. LLC (Goldman) for violations of the CFTC’s Business Conduct Standards applicable to swap dealers.

11 April 2023