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Goldman Sachs Plans To Axe Nearly 250 Jobs In Coming Weeks
Goldman Sachs Group Inc is planning to axe fewer than 250 jobs in the next few weeks as a slow market for deals weighs on investment banking, according to sources. The departures could be spread across seniority levels and include partners ...
Artificial intelligence Gives Real Boost To US Stock Market
Recent advances in artificial intelligence are fueling optimism over how businesses can operate more productively in the years ahead. They are also providing a big boost to the stock market, according to a Reuters report. The S&P 500's (.SPX) 9% rally ...
Goldman Funds Reduce Stakes In Adani From Active ESG Portfolios
The investment arm of Goldman Sachs Group Inc. dramatically reduced its exposure to the Adani Group in its ESG portfolios in the weeks following allegations of fraud against the conglomerate by short-seller Hindenburg Research, reported Bloomberg. Goldman funds registered as promoting ...
Apple Launches Apple Card Savings Account At 4.15% Rate
Apple partners with Goldman Sachs to launch a new savings account which offers a higher annual percentage yield (APY) of 4.15%. This is 10 times higher than the national average rate for any savings deposit. According to the statement, ...
'Goldman Sachs' Signals Partial Retreat From Consumer Banking
Goldman Sachs no longer wants to be the bank for everyone. The storied investment bank spent eight years attempting to expand its business beyond corporations and the wealthy. But in recent months, Goldman has signalled a partial retreat from those efforts ...
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