Tag: Goldman Sachs

Order found that the bank failed to disclose pre-trade-mid-market marks while also failing to communicate with clients in a fair and balanced manner.

New head brings more than 20 years’ experience working in the global financial industry to BMLL, joining from big xyt where she served as head of sales, Americas.

The bank saw its investment banking revenues fall by 48% to $1.9 billion in the fourth quarter; the results follow extreme cost cutting measures announced earlier this month.

Proof of concept showcases how platforms running on different DLTs can be linked, alongside paving the way for the settlement of intraday transactions.

The proprietary multi-asset class digital platform went live with EIB’s second digital bond issuance this week on its private blockchain.  

The bank has been accused of “policies and procedures failures” involved with multiple funds marketed as ESG investments, as the industry struggles to manage rising ESG research and compliance costs.  

The past week saw appointments from B2C2, Baton Systems, Goldman Sachs, Plato Partnership, Finalto and AustralianSuper.

New appointment joins from Morgan Stanley, having previously served at Deutsche Bank, Knight Assets & Co. and Commerzbank.

The reported reduction in headcount does not represent a change in strategy for the bank, source says.