Goldman

Goldman Execs Battled Over End of Retail Banking, Report Says

Goldman Execs Battled Over End of Retail Banking, Report Says
Goldman Execs Battled Over End of Retail Banking, Report Says
October 23, 2022  |  Banking

A decision last week by Goldman Sachs to fold its consumer banking unit Marcus into other operations was the subject of conflict between CEO David...

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Today In Payments: EU Ruling Limits Personal Data Transfer To US; Airbnb Revives Plan To Go Public
Today In Payments: EU Ruling Limits Personal Data Transfer To US; Airbnb Revives Plan To...
July 16, 2020  |  News

In today’s top news, EU’s top court will limit companies’ ability to transfer personal data to the U.S., and Airbnb said it will revive its...

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Amazon, Goldman Have Lots To Gain From Their New Partnership
Amazon, Goldman Have Lots To Gain From Their New Partnership
June 10, 2020  |  Partnerships / Acquisitions

Small businesses hit hard by COVID-19 shutdowns are facing thin cash reserves, and the extension of credit to those SMBs has become an increasingly crowded...

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Banks’ $25B Loan Reserves Show Grim Expectations For Economic Road Ahead
Banks’ $25B Loan Reserves Show Grim Expectations For Economic Road Ahead
April 16, 2020  |  Economy

Against a backdrop where Labor Department data showed 5.2 million additional Americans filed for unemployment, it may make sense that banks’ outlooks for the future...

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Goldman, Morgan Stanley Predict COVID-19 Will Trigger Economic Devastation 
Goldman, Morgan Stanley Predict COVID-19 Will Trigger Economic Devastation 
March 23, 2020  |  Coronavirus

Economists at Morgan Stanley and Goldman Sachs Group are warning that the coronavirus will be more economically devastating than originally forecasted, according to a Sunday...

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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations
Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations
February 07, 2020  |  Walmart Amazon whole paycheck

It was a fairly quiet week on the Walmart front in the race for the consumer’s whole paycheck, with only one big piece of news...

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Top News In Payments: Facebook Expenses Rise 51 Pct; Goldman Targets $125B In Consumer Deposits
Top News In Payments: Facebook Expenses Rise 51 Pct; Goldman Targets $125B In Consumer Deposits
January 30, 2020  |  News

In today’s top news, Facebook reports a 51 percent increase in expenses for 2019 in its Q4 earnings release, Goldman focuses on expanding its digital...

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Top News In Payments: China Posts Worst Slowdown In Nearly Three Decades; Alphabet Market Cap Hits $1T
Top News In Payments: China Posts Worst Slowdown In Nearly Three Decades; Alphabet Market Cap...
January 17, 2020  |  News

In today’s top news, China’s economy grew by its slowest rate since 1990, Alphabet reached $1 trillion market value, and attempted check fraud spiked 43...

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Top News In Payments: Goldman To Launch Robo Advisor; Regulators Want Monitoring Of Big Tech Data Use
Top News In Payments: Goldman To Launch Robo Advisor; Regulators Want Monitoring Of Big Tech...
December 09, 2019  |  News

In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans...

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