City of London British businesses risk being starved of investment as pension funds sell off assets to meet a wave of retirement claims, Goldman Sachs has warned. Analysts at the Wall Street bank have sounded the alarm over investment levels flatlining in the UK after research found final salary schemes are selling almost as many
US stock futures rose Monday as worries over the fallout from Iran’s attack on Israel eased, allowing focus to return to earnings season and inflation risks to rate-cut hopes. S&P 500 (^GSPC) futures added 0.4%, while Dow Jones Industrial Average (^DJI) moved up roughly 0.3% after ending the week with sharp losses. The tech-heavy Nasdaq
Lucky-photographer/Shutterstock The US stock market will rally further from recent all-time highs, Goldman Sachs’ John Flood says. Market tailwinds and seasonality suggest more opportunities ahead, with bullish sentiment not yet at its peak. Retail investors often offload stocks to cover taxes, causing market dips on Tax Day, with subsequent rebounds. This year’s stock rally has
Yahoo Finance anchors Josh Lipton and Jared Blikre queue up the biggest headlines and events for next week, including additional earnings from Big Banks — Goldman Sachs (GS), Charles Schwab (SCHW), Bank of America (BAC), Morgan Stanley (MS) — among other top companies, as well fresh US housing data, the jury selection for Former President
Offering Received Broad Participation From 46 Investors NEW YORK, April 09, 2024–(BUSINESS WIRE)–Genesis Capital LLC (“Genesis”), a leading business purpose lender that provides innovative debt solutions to professional real estate developers for new acquisition, renovation, ground-up construction, and long-term rental hold projects across the residential spectrum, today announced it has completed a $500 million rated
Sharmin Mossavar-Rahmani, chief investment officer of Goldman Sachs Wealth Management, told the Wall Street Journal in an interview this week that despite all the recent hype around Bitcoin ETFs her firm isn’t buying into it. “We’re not believers in crypto,” she said. “We do not think it is an investment asset class.” “If you cannot
Tokenization getty The world of finance is on the brink of a seismic shift as cryptocurrencies and blockchain technology revolutionize how we perceive and interact with assets. Institutional investors and traditional finance giants, recognizing the transformative potential of these technologies, are actively exploring real-world applications to unlock new opportunities and markets. Among the most promising
What was unthinkable a decade ago is now turning into reality. Financial institutions like Goldman Sachs, JP Morgan, and BlackRock were against Bitcoin and the cryptocurrency market but are now enjoying the profits that it has to offer. The U.S. Securities and Exchange Commission (SEC) approved the Bitcoin ETF early this year leading trillion-dollar asset
If you’ve ever wanted to invest in the same stocks as top hedge fund managers, then the Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) may be the fund for you. With just $176.8 million in assets under management (AUM), GVIP is easy to overlook, but I’m bullish on this small ETF from legendary investment firm
“Everyone, from the top brass to people like us in middle ranks, earn less than before,” said a credit manager with Bank of China, one of the country’s “big four” state-owned banks, lamenting the loss of the staggering bonuses that she used to bag in the industry’s heyday. China’s financial sector is always beholden to