Goldman Sachs

Goldman Sued Over 1MBD Scandal
Goldman Sued Over 1MBD Scandal
November 21, 2018  |  Security & Fraud

Goldman Sachs is being sued by an Abu Dhabi sovereign wealth fund over what is being termed the Malaysian 1MDB scandal. The suit was filed...

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Marcus Exceeds Goldman’s UK Expectations
Marcus Exceeds Goldman’s UK Expectations
November 21, 2018  |  Digital Banking

Goldman Sachs’ online retail bank Marcus is enjoying a strong debut internationally — the company says the rollout of Marcus in the U.K. has “exceeded...

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Bank Leumi Eyeing Online Bank Launch In US
Bank Leumi Eyeing Online Bank Launch In US
November 20, 2018  |  Banking

Israel’s Bank Leumi is planning to bring its online-only bank Pepper to the United States. Launched in 2017, Pepper is a digital banking venture that is initially...

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Malaysian PM: Goldman Bankers ‘Cheated’ The Country
Malaysian PM: Goldman Bankers ‘Cheated’ The Country
November 14, 2018  |  International

Malaysian Prime Minister Mahathir Mohamad has alleged that Goldman Sachs “cheated” the country regarding a state fund for 1Malaysia Development Bhd (1MDB), and that U.S....

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Marcus’ UK Success Has Bank Rivals Worried
Marcus’ UK Success Has Bank Rivals Worried
November 11, 2018  |  Digital Banking

Goldman Sachs is scaring competitors in the U.K. with its recently-launched savings account that gives savers a bigger return. Reuters, citing one of the U.K....

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Marcus Buoys Goldman’s Growth
Marcus Buoys Goldman’s Growth
October 16, 2018  |  Earnings

Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through...

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Barclays Nixes Crypto Trading Plan
Barclays Nixes Crypto Trading Plan
October 16, 2018  |  Cryptocurrency

In the midst of cryptocurrency trading volatility, one more bank has backed away from a trading project — this time it is Barclays. As reported...

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Apple’s iPhone Demand Falls In China
Apple’s iPhone Demand Falls In China
October 15, 2018  |  Apple

Thanks to a decline in demand for Apple’s iPhones in China, Goldman Sachs is warning the iPhone maker could post earnings that disappoint. CNBC, citing...

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Barclays Rivals Goldman’s Marcus With Digital Bank
Barclays Rivals Goldman’s Marcus With Digital Bank
October 15, 2018  |  Digital Banking

Barclays is ready to offer U.S. consumers a low-cost, digital-only bank that will directly compete with Goldman Sachs‘s Marcus brand. Barry Rodrigues, CEO of cards and...

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