Tag: intercourse

  • How Goldman’s plan to prop up Silicon Valley Bank fell apart

    Silicon Valley Bank executives went to Goldman Sachs Group Inc. GS -3.09% looking for advice at the end of February: they needed to raise money, but weren’t quite sure how to do it. Rising interest rates had taken a heavy toll on the bank. Deposits and the value of the bank’s bond portfolio had fallen […]

  • Goldman is considering downsizing its consumer business

    Goldman Sachs is exploring alternatives as it works to make specialty lender GreenSky and its credit card partnerships profitable. Photo: Lucas Jackson/REUTERS Updated February 28, 2023 at 9:03 AM ET Goldman Sachs group Inc. GS -0.41% Chief Executive David Solomon said Tuesday that the bank is “considering strategic alternatives” for its consumer platform business, including […]

  • Crypto Giant Binance expects to pay fines to solve US investigations

    Binance, the world’s largest cryptocurrency exchange, expects to pay fines to settle existing U.S. regulatory and law enforcement investigations of its company, the company’s chief strategy officer said in an interview. Binance grew rapidly and started out as a company driven by software engineers unfamiliar with laws and regulations written to address the risk of […]