Goldman Sachs

Goldman Sachs: Just 6.1% of American Companies Using AI 
Goldman Sachs: Just 6.1% of American Companies Using AI 
December 15, 2024  |  artificial intelligence

New research from Goldman Sachs shows muted artificial intelligence (AI) use at American companies. Just 6.1% of businesses are using AI to produce their products...

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Goldman Head Projects 2025 Dealmaking Will Exceed 10-Year-Average
Goldman Head Projects 2025 Dealmaking Will Exceed 10-Year-Average
December 11, 2024  |  Acquisitions

The CEO of Goldman Sachs is predicting a strong year for dealmaking in 2025. Speaking to Reuters Tuesday (Dec. 10), David Solomon said that dealmaking...

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Goldman Sachs Banker Sees ‘Massive’ Potential for 2025 IPO Uptick
Goldman Sachs Banker Sees ‘Massive’ Potential for 2025 IPO Uptick
November 25, 2024  |  IPO

A senior Goldman Sachs banker believes 2025 will see more technology companies go public. The number of initial public offerings (IPOs) in the tech sector...

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Goldman Sachs Head Predicts M&A ‘Pick-up’ in 2025
Goldman Sachs Head Predicts M&A ‘Pick-up’ in 2025
November 19, 2024  |  Business

Goldman Sachs Chairman David Solomon has reportedly predicted stronger capital raising under the next Trump administration. Solomon also said Tuesday (Nov. 19) that there will be a more...

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Goldman Sachs to Separate Blockchain-Based Platform From Digital Assets Business
Goldman Sachs to Separate Blockchain-Based Platform From Digital Assets Business
November 18, 2024  |  Blockchain

Goldman Sachs plans to spin out GS DAP, its blockchain-based platform for participants in digital capital markets, from its Digital Assets business. The financial institution...

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From Banking to Binge-Watching: How AI Spots the Unseen
From Banking to Binge-Watching: How AI Spots the Unseen
October 28, 2024  |  artificial intelligence

Machine learning algorithms scan millions of transactions in banks’ fraud detection centers, flagging suspicious patterns human analysts might miss. Similar mathematical models help Netflix predict...

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CFPB Orders Apple, Goldman Sachs to Pay $90 Million Over Apple Card Violations
CFPB Orders Apple, Goldman Sachs to Pay $90 Million Over Apple Card Violations
October 23, 2024  |  Credit Cards

If there’s a regulatory body that’s been busier this week than the Consumer Financial Protection Bureau (CFPB), we’d be hard-pressed to name it. Having just...

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Report: CFPB Set to Fine Goldman Sachs $50 Million After Credit Card Probe
Report: CFPB Set to Fine Goldman Sachs $50 Million After Credit Card Probe
October 22, 2024  |  Credit Cards

The Consumer Financial Protection Bureau (CFPB) reportedly is set to order Goldman Sachs to pay more than $50 million in penalties related to its handling...

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Visa, Amex and Mastercard Push CE 100 Index Up 0.8% on ‘Resilient’ Spending
Visa, Amex and Mastercard Push CE 100 Index Up 0.8% on ‘Resilient’ Spending
October 21, 2024  |  Connected Economy

If there’s been a consistent theme thus far during earnings season, it’s that consumer spending has proven to be resilient across any number of demographics....

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