Goldman Sachs

DoorDash CEO Calls Out Instacart Amid Aggregator’s Own eGrocery Push
DoorDash CEO Calls Out Instacart Amid Aggregator’s Own eGrocery Push
September 06, 2023  |  eCommerce

As DoorDash pushes to grow its share of online grocery, Tony Xu, CEO of the San Francisco-based aggregator, is reportedly casting doubt on Instacart in...

READ MORE >
Goldman Warned by Fed Over FinTech Risk
Goldman Warned by Fed Over FinTech Risk
September 01, 2023  |  Bank Regulation

The Federal Reserve has issued a warning to Goldman Sachs regarding risk and compliance oversight at its FinTech unit. The regulatory concerns raised by the...

READ MORE >
Goldman’s GreenSky Sale Has Implications for FinTech ‘Exit Strategies’
Goldman’s GreenSky Sale Has Implications for FinTech ‘Exit Strategies’
August 30, 2023  |  Fintech Investments

Goldman Sachs’ sale of its FinTech lender, GreenSky, is reportedly close to being a done deal. As reported this week, the company is, per Bloomberg, drawing interest...

READ MORE >
Goldman Hands Off Personal Finance Unit to Creative Planning
Goldman Hands Off Personal Finance Unit to Creative Planning
August 28, 2023  |  Banking

Goldman Sachs is selling its personal finance business to investment adviser Creative Planning. The deal, announced Monday (Aug. 28), comes one week after the news that Goldman was considering...

READ MORE >
Goldman Exploring Sale of Personal Finance Unit
Goldman Exploring Sale of Personal Finance Unit
August 21, 2023  |  Banking

Goldman Sachs could sell its personal financial management business as it moves away from retail banking. “We see continued opportunities to invest in this segment but...

READ MORE >
Goldman Sachs: AI’s GDP Impact Could Be Bigger Than Electricity
Goldman Sachs: AI’s GDP Impact Could Be Bigger Than Electricity
August 03, 2023  |  artificial intelligence

Could the impact of artificial intelligence (AI) on the economy eclipse that of electricity? It’s possible, according to a recent report by Goldman Sachs Economics Research that...

READ MORE >
Apple Card’s Savings Account Surpasses $10 Billion Milestone
Apple Card’s Savings Account Surpasses $10 Billion Milestone
August 02, 2023  |  Apple

Since the launch of the Apple Card’s Savings account, powered by Goldman Sachs, in April, over $10 billion in deposits have been made by users. In addition...

READ MORE >
Banks’ Cautious Approach to Generative AI Is More Internal Than Customer-Facing
Banks’ Cautious Approach to Generative AI Is More Internal Than Customer-Facing
July 25, 2023  |  artificial intelligence

Generative artificial intelligence (AI) has quickly become one of the most important topics of our time, and global banks are beginning to explore the possibilities...

READ MORE >
CE 100 Index Up 0.5% as Tesla and Tencent Declines Blunt Olo, Goldman Surges 
CE 100 Index Up 0.5% as Tesla and Tencent Declines Blunt Olo, Goldman Surges 
July 24, 2023  |  Connected Economy

Earnings season has just started — and for the companies forging new paths to commerce and payments, the quarterly report card gives a glimpse into...

READ MORE >