Displaying 415 results
Cresset hires $500 million Goldman adviser
Hanley Sayers will join the registered investment advisory firm in Houston, expanding Cresset's footprint to Texas.
Finra fines Goldman Sachs $1.25 million over fingerprinting
The regulator says the firm didn't properly screen more than 1,000 nonregistered employees.
Amid bubble fears, investors keep buying
Despite warnings of market excess, exchange-traded U.S. equity funds took in $7 billion last week, while the S&P 500 saw its best week since November.
Wall Street skimps on compensation despite pandemic windfall
Investment banks saw a rise in revenue per employee last year, but that doesn't seem to have translated into big rewards for workers.
Goldman Sachs to expand Marcus Invest internationally in 2021
The Wall Street bank’s entrance into robo-advice may be late, but CEO David Solomon outlined how the platform will be able to compete in a crowded marketplace
Goldman moves closer to offering Marcus checking accounts
Firm announces it will work with digital payments upstart Marqeta on Marcus checking accounts. Marqeta's CEO says Goldman plans to use the firm's technology to issue debit cards into mobile wallets.
Goldman Sachs primed to launch new robo-adviser Marcus Invest
The wealth manager will become one of the last major institutions to offer digital advice with the launch slated for Q1
Goldman Sachs underscores focus on RIAs with sale of Folio retail unit
The sale of 70,000 retail accounts to Interactive Brokers validates the strength of the independent adviser channel, analysts say
Goldman picks its winners in ESG sweepstakes
Analysts choose 50 companies in the S&P 500 that should get a boost as money managers increasingly use ESG criteria to pick stocks
Goldman hit with $2.9 billion fine in 1MDB case
CEO David Solomon and his predecessor, Lloyd Blankfein, will return some compensation as part of the deal
Will RIAs adapt fast enough to compete? Joe Duran, Michael Kitces debate
The industry icons expressed differing views on the future of advice during InvestmentNews’ FinTech Virtual Summit
Outspent by Wall Street, investor advocates focus on educating lawmakers on advice issues
One goal is to fortify Democratic opposition to Reg BI
Investing after the ‘great reset’
Kara Murphy of Goldman suggests reviewing risk tolerance and focusing on traditional asset classes
Goldman team managing $3 billion joins UBS
The six-member group will work in the Washington, D.C., office of UBS Private Wealth Management
Goldman says S&P can surpass 3,600
The potential for an early vaccine and the outlook for U.S. growth mean there's room for stocks to go higher, analysts say
Goldman Sachs’ Ayco adds ‘marketplace’ for workplace clients
The firm is now providing access to investment management, insurance brokerage and other services
Wells Fargo to cut its dividend
Other big banks are maintaining their dividend payments in the wake of new Fed restrictions
Federal Reserve caps bank dividends
Bank buybacks are also banned through the third quarter; Wells Fargo seen most at risk for dividend cut
UBS gives wealthy clients Goldman, Pimco strategies at no extra cost
The firm is expanding the choices available in its separately managed accounts
Goldman executive has advice for his white colleagues
Frederick Baba, a managing director at Goldman Sachs, recalls a litany of black deaths and the protests that followed
