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Goldman Sachs

Apple to launch it’s credit card next year

SAN FRANCISCO: Apple has reportedly partnered with investment bank Goldman Sachs and might release a credit card next year, a media report said. A report in Wall Street Journal claimed that the new credit card -- which marks the end of Apple's credit card partnership with Barclays -- would use the Apple Pay branding. Goldman Sachs would also offer in-store loans to Apple customers, the report The move follows Goldman Sachs acquisition of the team behind Final, a credit card startup. Final's dozen employees later…

Goldman Sachs, Wells Fargo and others invest $38 million in research tech startup

NEW YORK: Goldman Sachs Group has led a $38 million investment round by large banks in Visible Alpha, a young New York-based company that helps investment managers better value the equity research services they receive from brokers. Wells Fargo & Co, Banco Santander SA, Exane BNP Paribas, Macquarie Group Ltd and Royal Bank of Canada participated in the strategic investment round, the company said on Thursday. Visible Alpha’s existing investors including Bank of America Corp, Citigroup and Morgan Stanley also…

Goldman Sachs studying whether to trade bitcoins: source

NEW YORK: Goldman Sachs is exploring whether to launch a trading venture in bitcoin in response to client demand, a person familiar with the matter said on Monday. Goldman's consideration of the digital currency could give bitcoins a boost at a time when it is under criticism in China and by some large banks. Goldman is looking at establishing a team that could trade bitcoins and other digital currencies, said a person familiar with the bank's thinking. The venture might resemble other Goldman teams that trade euros…