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 in equities, mergers and acquisitions in 2025 could surpass 10-year averages. “I think in 2025 we will certainly be at...
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 will “likely more than double” next year, with the rate of companies listing by the year’s end coming closer to...
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 robust merger and acquisition (M&A) environment under the new president. “Given where we are at the moment, … you’re starting to...
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 plans to explore strategic opportunities to do so with the aim of GS DAP becoming an industry-owned distributed technology solution,...
October 21, 2024
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. And as a result, for the CE 100 Index, banking and payments-related names (which, of course, rely on transaction volumes and the aforementioned consumer resilience), where Visa and Mastercard led […]
July 22, 2024
The CE 100 Index faltered 0.8% in a week that reminded us just how connected we all are — by software, hardware, and apps — and how an outage can...
April 22, 2024
The CE 100 Index gave up 3.5% for the week as earnings season began in full swing. Stock market gains were few and far between. The banking group eked out...
January 17, 2024
Odds are if you’re reading this you’ve had to deal with a contract at some point in your career. The odds are also in favor of that contract requiring some...
December 15, 2024
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 or services, according to research by the banking giant cited in a Seeking Alpha report Sunday (Dec. 15). That’s up from 5.9% during the third quarter. Finance and insurance companies […]
December 11, 2024
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 in equities, mergers and acquisitions...
November 25, 2024
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 will “likely more than double”...
November 19, 2024
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 robust merger and acquisition (M&A) environment...
