Goldman Sachs

Advisor Upside

BlackRock Hits Record AUM as Wall Street Banks Report Solid Earnings

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CEO Larry Fink attributed the healthy performance to growth in private markets, retail active fixed income, and the company’s ETF business.

1 min read

Photo by Ken Lund via CC BY-SA 2.0

Advisor Upside

Goldman’s $1T AI Problem

For all the money flooding into AI, it could tackle more pressing issues than teaching robots to flip burgers.

2 min read
Photo via Peloton

Consumer

The Private-Equity Takeover Bell Is Tolling for Peloton

At least one PE firm has reportedly spoken with Peloton as it considers going private, but no deal is certain.

1 min read
Photo via U.S. Patent and Trademark Office

Patent Drop

Goldman Sachs Files Blockchain Patent Despite Crypto Disinterest

Goldman Sachs may want to use blockchain for anything but crypto.

2 min read

M&A

Dealmaking Is Coming Back — With or Without Fed Rate Cuts

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Dealmaking-related revenue at a handful of major investment banks collectively rose 27% year-over-year in the first quarter.

2 min read

Private Equity

Private Equity Wants Everyone’s Credit Card Debt

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The industry is taking advantage of banks’ newfound interest in offloading some of the consumer debt on their books.

2 min read

Artificial Intelligence

The SEC Probes AI Use at Investment Advisory Firms

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As the world of high finance ushers in an era of AI, the SEC has begun investigating how investment advisory firms use the technology.

2 min read

Photo by Ian Hutchinson via Unsplash

Regulation

Washington Wants More Rules, Bankers Have Concerns

Top bosses from eight major financial institutions appeared before a Senate committee to give their opinion on looming banking reforms.

2 min read
(Photo by Edgar on Unsplash)

Banking

Low Deal Flow Means Lower Bonuses for Wall Street

After 10 months of slower-than-anticipated deal flow, bankers are expecting less-than-stellar year-end holiday bonuses.

1 min read
(Photo by Ken Lund under CC BY-SA 2.0)

Banking

Goldman Sachs Gets Into the Geopolitical Advice Game

Goldman Sachs is launching a sort of geopolitics-slash-technology research arm to advise clients who get anxious when they turn the news on.

1 min read

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