Top Asset Manager BlackRock Bows Down To Macro Uncertainties; Lets Go Of 500 Employees
Leading asset manager BlackRock, Inc (NYSE: BLK) downsized its workforce affecting 500 employees or less than 3% of its employee strength.
Goldman Sachs Goes Live With Blockchain Platform To Streamline Financial Processing
Investment bank Goldman Sachs Group Inc (NYSE: GS) announced the launch of a tokenization platform GS DAPTM, deployed on the Canton blockchain.
Leading software vendor Digital Asset's Daml smart contract language powers the service.
Goldman Sachs Outlines Expectations For S&P 500: Where Will Index Be On Dec. 31, 2023?
Goldman Sachs Group Inc (NYSE: GS) outlined its perception of recessionary risks and positioning in the market, along with sharing base case scenarios for U.S. equity returns in the event of a recession, during a strategy call on Tuesday.
Benzinga’s Top Ratings Upgrades, Downgrades For January 10, 2023
Upgrades Morgan Stanley upgraded the previous rating for Stem Inc (NYSE:STEM) from Equal-Weight to Overweight. In the third…
Coinbase Discloses Restructuring Plan Amid Macro Headwinds, Pfizer Rebuts Generic Version Of COVID-19 Oral Treatment In China, Microsoft Mulls $10B Investment In ChatGPT Owner: Today’s Top Stories
Benzinga
Coinbase Bows Down To Macro Headwinds, To Let Go Of 950 Employees
Should You Be Worried About Job Cuts At Goldman, Amazon Or Salesforce? One Important Caveat
Goldman Sachs Group (NYSE: GS) expects to show about 3,200 employees the door this week as the investment bank focuses on new strategies to navigate the current economic landscape.
Jack Ma Ceding Control In Ant, Brazil’s ‘Capitol Hill Moment,’ Goldman Sachs Job Cut Rumors And More: 5 Key Stories You May Have Missed From The Weekend
The lull that characterized the holiday period continued into the past weekend. News flow is likely to pick up pace after the Martin Luther King Jr. holiday scheduled for Jan. 16, as the curtains lift on the fourth-quarter reporting season.
Here's a recap of a few major headlines that hit the wire over the weekend:
Alibaba Wins Conviction Boost As China Eases Covid Lockdowns: Goldman Sachs
Goldman Sachs Group, Inc (NYSE:GS) said Chinese stocks might rally another 15%, while the yuan could hit April 2022…
Goldman Sachs Reportedly Plans To Cut Over 3,000 Jobs In Coming Week
Goldman Sachs Group Inc. (NYSE:GS) is gearing up to eliminate about 3,200 positions this week, Bloomberg reported, citing a…