Browsing: Goldman Sachs

Goldman Sachs is planning to spin off its blockchain-based technology platform, GS DAP, to streamline institutional trading and reduce settlement times.

Goldman Sachs, a prominent financial institution, has recognized cryptocurrencies in its annual letter to shareholders for the first time, signaling a shift in its stance towards digital assets.

Goldman Sachs highlights that rivals offering crypto products are putting competitive pressure on the firm, according to its 2024 Annual Report.

Goldman Sachs acknowledges the growing influence of crypto and distributed ledger technology (DLT) in its 2024 annual letter to shareholders, highlighting both the challenges and opportunities.

Goldman Sachs has increased its target price for emerging markets stocks, anticipating that the recent gains in Chinese equities, fueled by advancements in artificial intelligence, will positively impact other markets.

U.S. bankers express caution about expanding into cryptocurrencies, citing regulatory uncertainty and limited client demand, despite expectations of friendlier rules under a potential Trump administration.