Klarna-challenger Zilch strikes $110m deal with Goldman Sachs and Daily Mail owner July 23, 2021 ‘Buy now pay later’ (BNPL) company Zilch today announced it has cut a deal to raise $110m (£80m) in debt and equity from Goldman Sachs and the investment arm of the Daily Mail group. The deal with Goldman Sach’s asset management and private credit division and DMG Ventures, part of the Daily Mail & General [...]
Nasdaq set to spin out market for pre-IPO shares in deal with banks July 20, 2021 The exchange operator announced a new joint venture with SVB Financial Group (SVB), Citi, Goldman Sachs, and Morgan Stanley that will allow investors to trade in stocks of private businesses. As part of the spin out of its exchange for private businesses, Nasdaq Private market will become a standalone, independent company and receive investments from [...]
Goldman Sachs boss champions post-Brexit London and expects 70 per cent of staff back in office July 16, 2021 Goldman Sachs boss Richard Gnodde said the company was as committed to its London head office as ever, buoyed by his belief that the UK capital will remain dominant as a world-leading financial centre post-Brexit. “For us we’ve been very clear, the centre of gravity for our workforce is our buildings, and in London it [...]
Charles tours Goldman Sachs office to acknowledge post-Brexit commitment to London July 15, 2021 The Prince of Wales has visited the London offices of Goldman Sachs to acknowledge the US investment bank’s commitment to keeping its European headquarters in the capital after Brexit. The heir to the throne toured the firm’s Plumtree Court offices near Fleet Street in central London on what aides said was a visit designed to [...]
Rampant dealmaking pushes Goldman Sachs’ earnings ahead of estimates July 13, 2021 US investment banking giant Goldman Sachs posted a strong set of results on Tuesday which surged ahead of analysts’ forecasts for second-quarter earnings. The rise in profits at the Wall Street giant was driven by the firm capitalising on a record-breaking dealmaking period as companies took on cheap debt and deployed dry powder to snap [...]
England will beat Germany 2-1 tonight and make it to Euro 2020 final, analysts predict June 29, 2021 England will take down Germany in tonight’s match, and even make it to the Euro 2020 final, according to analysts at Goldman Sachs. The Germans will be hoping for a repeat of their famous victory over England in the semi-final of Euro 1996, but Goldman Sachs’ analysts do not see it happening. After sneaking into [...]
Deutsche Bank compensates Spanish winemaker over forex mis-selling June 28, 2021 Deutsche Bank has dished out over €10m to Europe’s largest wine exporter to settle a dispute over the alleged mis-selling of foreign exchange derivatives, according to reports. As the lender’s internal investigation nears its close, the decision to settle could pile pressure on Goldman Sachs and BNP Paribas, which face similar accusations from Japanese engineering [...]
Goldman Sachs analysts: England will beat Germany in Wembley showdown and progress to final June 25, 2021 Analysts at Goldman Sachs have predicted that England will beat Germany in their crunch Euro 2020 last-16 match at Wembley on Tuesday. After sneaking into the second round following a 2-2 draw against Hungary on Wednesday night, Germany will face England for a place in the quarter-finals. The Germans will be hoping for a repeat [...]
Hong Kong races ahead of London and New York in bid to get bankers back in the office June 21, 2021 Hong Kong races ahead of London and New York in bid to get bankers back in the office
Goldman Sachs bats off competitors with first UK transaction bank June 21, 2021 Goldman Sachs is set to appear in the UK after the Wall Street-based firm said today it has launched its £35bn transaction bank in the country. The global investment bank expanded its transaction bank business after launching in the US last year, while it eyes steadier revenue sources beyond its investment division. Goldman’s shares sank [...]