Posts filtered by tags: Goldman Sachs[x]


Zipwhip Gets $51.5M for Software That Lets Businesses Text Customers

Texting has grown well beyond person-to-person communications. To remind customers about upcoming appointments or notify diners their restaurant tables are ready, for example, text messages have in many businesses replaced phone calls and light-up buzzer systems.But text-based communications between businesses and their customers are becoming more of a two-way dialogue, with organizations increasingly allowing people to send them texts to do things like schedule appointments and place orders—me...
Tags: Apple, Startups, Facebook, Email, Imessage, Trends, Tech, E-mail, Smartphones, Sms, Mobile Apps, Vc, Software, Facebook Messenger, Goldman Sachs, Texting

Last year's market losers are this year's big winners

What a difference a change of the calendar makes. IBM, GE and Goldman Sachs are among the top market performers so far this year. They all got crushed in 2018.
Tags: Cnn, Goldman Sachs, IBM GE

Zipwhip raises $51.5M for businesses to text customers from any kind of phone line

A surge of audio services using AI are giving voice a boost in customer service, but when it comes to communications in the age of mobile, messaging continues to be a critical platform. Now, a startup called Zipwhip, which provides a platform for businesses to interact with customers by text messages from any business line — landline, VoIP, or toll-free — is announcing funding of $51.5 million to capitalise on that push to bring more text-based messaging into customer service. This round, a Seri...
Tags: Apple, Google, TC, Messenger, US, Tech, Goldman Sachs, North America, Seattle, Microsoft Ventures, RCS, Lauer, ZipWhip, Faebook, John Lauer, Goldman Sachs ' Private Capital Investing

Momo, Vietnam’s top payment app, lands big Series C investment led by Warburg Pincus

Fintech in Southeast Asia continues to pique the attention of global investors. Alibaba, Tencent and others have jumped into the region and deployed hundreds of millions of dollars, and now Warburg Pincus is joining them. The U.S-headquartered PE firm has led a Series C investment in Vietnam’s Momo, which claims to be the country’s largest mobile wallet company with 10 million downloads. Momo already has some big-name investors; Standard Chartered led a $28 million round in 2016 while G...
Tags: Apple, Google, Fundings & Exits, Facebook, Apps, Asia, Indonesia, Finance, China, Southeast Asia, Funding, Tech, Ceo, Philippines, Standard Chartered, Alibaba

Malaysia Tells Goldman Sachs to Pay Compensation Instead of Apologizing

Malaysia's Finance Minister said Goldman Sachs must pay $7.5 billion as compensation for its alleged role in the ransacking of state funds
Tags: News, Uncategorized, Malaysia, Goldman Sachs, Overnight, Onetime

Malaysia open to talks if Goldman pays $7.5 billion, minister says

Malaysia's finance minister said on Friday the government would be ready to discuss dropping criminal charges against Goldman Sachs linked to the 1MDB scandal if the bank pays $7.5 billion in reparations.
Tags: Money, businessNews, Malaysia, Goldman Sachs, Goldman

Malaysia says Goldman Sachs must pay, apology not enough

PUTRAYAJAYA, Malaysia (AP) — Malaysia's Finance Minister Lim Guan Eng says the apology by Goldman Sachs for its role in the alleged multibillion-dollar ransacking of state investment fund 1MDB was insufficient and that it has to pay... [Author: [email protected]]
Tags: Business, Malaysia, Goldman Sachs, Lim Guan Eng, PUTRAYAJAYA Malaysia

Lucid recruits Raber as SVP and COO

Lucid Energy Group, a natural gas processor in the Delaware Basin, has named Brian T. Raber as senior vice president and chief operating officer. Previously, Raber was senior vice president, engineering and project management for Summit Midstream Partners. Lucid is backed by Riverstone Holdings LLC and Goldman Sachs‘ merchant banking division. PRESS RELEASE DALLAS–(BUSINESS WIRE)–Lucid Energy Group (“Lucid”) today announced that the company has hired industry veteran Brian T. Raber as Senior Vic...
Tags: Australia, Trends, People, Goldman Sachs, Brian, New Mexico, Lucid, Goldman Sachs Group Inc, SVP, Oral Roberts University, West Texas, Raber, Delaware Basin, Goldman Sachs Merchant Banking Division, Mike Latchem, Riverstone

Gymboree to shutter all 945 stores after turnaround plan fails

Gymboree Group will shut down after going bankrupt a second time, the victim of falling mall traffic and cheaper online sources of kids clothing. About 10,000 people could lose their jobs. The retailer filed for protection from creditors owed about $212 million in U.S. Bankruptcy Court for the Eastern District of Virginia, according to a statement late Wednesday. The San Francisco-based company, which operates 945 stores under three brands in the U.S. and Canada, plans to close its Gymboree and ...
Tags: Business, San Francisco, Sport, Customers, Canada, Soccer, Goldman Sachs, Jack, Bain Capital, Gymboree, Goldman Sachs Group Inc, U S Bankruptcy Court, Eastern District of Virginia, ABL, Janie, Children 's Place

Goldman Sachs’s Tactic in Malaysian Fraud Case: Smear an Ex-Partner

The investment bank is campaigning to convince the authorities that a former partner, Tim Leissner, was a master con man — and that is how the bank became ensnared in a vast fraud.
Tags: News, Goldman Sachs, Money Laundering, Tim, Goldman Sachs Group Inc, Solomon, Blankfein, Banking and Financial Institutions, Bribery and Kickbacks, David M, Frauds and Swindling, Lloyd C, Tim Leissner, Leissner, 1Malaysia Development Berhad (1MDB, Low Jho (1981-

Goldman Sachs, Bank of America rock earnings

Goldman Sachs reported better-than-expected profits on Wednesday despite higher legal costs as it works through the 1MDB scandal, while Bank of America's earnings were lifted by higher interest rates. Goldman reported mixed operational performance across its trading, investing and lending businesses, while Bank of America saw its profits triple compared to a year earlier. Goldman Chief Executive David Solomon described conditions in the real economy as "quite robust," echoing other bank execut...
Tags: News, Bank Of America, Goldman Sachs, Goldman, David Solomon, Goldman Sachs Bank of America

Goldman Sachs and Bank of America jump while Snap sinks

NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:Goldman Sachs Group Inc., up $17.17 to $197.08The investment bank beat Wall Street's fourth-quarter expectations, posting strong results from its advisory... [Author: [email protected]]
Tags: Business, New York, Bank Of America, Ap, Goldman Sachs, Goldman Sachs Group Inc

U.S. stocks hit one-month high on bank results; pound up on UK PM confidence vote

World stock markets rose on Wednesday, with Wall Street's major indexes hitting one-month highs after strong earnings from Bank of America Corp and Goldman Sachs, while the pound rose after British Prime Minister Theresa May's government won a confidence vote in parliament.
Tags: UK, Money, businessNews, Theresa May, Goldman Sachs, Bank of America Corp

MIDEAST STOCKS-Banks elevate #Saudi, blue-chips lift Egypt | Reuters

MIDEAST STOCKS-Banks elevate Saudi, blue-chips lift Egypt | Reuters:Saudi Arabia's stock market rose on Wednesday, boosted by its bank shares, while Egypt's index was lifted by its blue-chip stocks, mirroring a gain in emerging markets.Saudi Arabia's index rose 0.7 percent with Banque Saudi Fransi rising 5.2 percent.Riyad Bank continued to rise, adding 4.5 percent. The lender had picked Goldman Sachs to advise on its merger talks with National Commercial Bank (NCB), Reuters reported, citing sour...
Tags: Travel, Saudi Arabia, Egypt, Goldman Sachs, Reuters, Riyad Bank, NCB, Rupert Neil Bumfrey, Banque Saudi Fransi, National Commercial Bank NCB Reuters

Goldman Sachs just revealed it made a nice profit off Uber ahead of an IPO it hopes to help run

Goldman Sachs on Wednesday disclosed its sale last year of a stake in Uber. It was part of CFO Stephen Scherr's extended explanation of the Wall Street firm's investing and lending segment.  Goldman's fourth quarter results got a boost from the segment, which makes equity and debt investments in hundreds of companies and has historically been considered a "black box." Uber is considering an initial public offering this year, and may choose Goldman Sachs to help with the deal. It's already sele...
Tags: Ipo, Softbank, Trends, Bloomberg, Silicon Valley, Goldman Sachs, Morgan Stanley, Goldman, Wall Street Journal, Republic of China, Uber Technologies, Scherr, Stephen Scherr

Goldman chief says sorry over ex-banker's role in 1MDB scandal

David Solomon apologises to the Malaysian people for Tim Leissner’s involvementThe chief executive of Goldman Sachs has apologised to the people of Malaysia over the role of a former employee of the bank in the 1MDB scandal.In a rare move for a Goldman chief executive, David Solomon joined the company’s fourth-quarter earnings call and gave an update on investigations into corruption surrounding the Malaysian sovereign wealth fund. He also said the bank was sorry for the effect the fraud had on ...
Tags: Business, World news, Banking, Asia Pacific, Malaysia, Goldman Sachs, Goldman, 1MDB, David Solomon, Tim Leissner

Goldman Sachs CEO apologises for ex-banker's role in 1MDB scandal

Goldman Sachs Group Inc Chief Executive Officer David Solomon on Wednesday apologised to the Malaysian people for former banker Tim Leissner's role in the sovereign wealth fund 1MDB scandal, but said the bank had conducted due diligence before every transaction.
Tags: Money, businessNews, Goldman Sachs, Goldman Sachs Group Inc, David Solomon, Tim Leissner

Gains in Goldman, BofA send Wall St to four-week high

Bank shares drove Wall Street's main indexes to a one-month high on Wednesday after strong earnings from Bank of America and Goldman Sachs, with a multi-billion dollar deal in the fintech sector also helping a risk-on sentiment.
Tags: Money, Bank Of America, businessNews, Goldman Sachs, Wall St, Goldman BofA

US stock indexes climb following strong bank earnings

NEW YORK (AP) — U.S. stocks are rising further Wednesday morning following strong results from major banks including Goldman Sachs and Bank of America.Technology and consumer-focused companies also traded higher. The British pound... [Author: [email protected]]
Tags: Business, New York, US, Ap, Goldman Sachs, Bank of America Technology

Banks rally after strong earnings, sending US stocks higher

NEW YORK (AP) — Banks are surging in midday trading Wednesday following strong results from Goldman Sachs and Bank of America, sending U.S. stock indexes higher. Smaller companies are also climbing, and Nordstrom became the latest... [Author: [email protected]]
Tags: Nordstrom, Business, New York, US, Bank Of America, Ap, Goldman Sachs

Gains in Goldman, BofA drive Wall Street to four-week high

Bank stocks drove Wall Street to a one-month high on Wednesday after strong earnings from Bank of America and Goldman Sachs, with a multi-billion dollar deal in the fintech sector adding to the boost.
Tags: Money, Wall Street, Bank Of America, businessNews, Bank, Goldman Sachs, Goldman BofA

Markets Right Now: Banks lead stock gains on Wall Street

NEW YORK (AP) — The latest on developments in financial markets (all times local):11:45 a.m.Stocks are rising in midday trading on Wall Street following strong results from major banks including Goldman Sachs and Bank of America.Technology... [Author: [email protected]]
Tags: Business, New York, Goldman Sachs, Bank of America Technology

Goldman Sachs clarified the people it’s focused on hiring now

If you want a job at Goldman Sachs in 2019 you should probably be applying here.
Tags: Job Market, Analysis, Insight, Goldman Sachs, News &, IT in Finance

Goldman, BofA earnings boost to drive Wall Street higher at open

Wall Street was set to extend gains on Wednesday, after hitting a four-week high in the previous session, as strong earnings from Goldman Sachs and Bank of America as well as a $22 billion deal in the fintech sector lifted sentiment.
Tags: Money, Bank Of America, businessNews, Goldman Sachs, Goldman BofA

Goldman's revenue beat powered by M&A bankers, equity traders

Goldman Sachs topped analysts' revenue estimates on Wednesday as strength in its equities desk and M&A advisory cushioned losses from bond trading, making it the only Wall Street bank so far to show growth in fourth-quarter trading revenue.
Tags: Money, Wall Street, businessNews, Goldman Sachs, Goldman

Goldman Sachs' 4Q profits beat forecasts, helped by trading

NEW YORK (AP) — Investment bank Goldman Sachs swung to a fourth-quarter profit as its trading business did better than expected given the turbulent markets in late 2018.The Wall Street firm said Wednesday that it earned a profit... [Author: [email protected]]
Tags: Business, New York, Ap, Goldman Sachs

Goldman's 4Q profits beat estimates, despite trading worries

NEW YORK (AP) — Investment bank Goldman Sachs swung to a fourth-quarter profit, as the bank's advisory business helped offset a difficult quarter in trading, given the turbulent markets in late 2018.The Wall Street firm said Wednesday... [Author: [email protected]]
Tags: Business, New York, Ap, Goldman Sachs, Goldman

Goldman Sachs reports higher fourth-quarter trading revenue

Goldman Sachs reported an increase in trading revenue on Wednesday, the first Wall Street bank so far to show growth in that business during the fourth quarter as a rise in equities trading revenue offset losses from bond trading.
Tags: Money, businessNews, Goldman Sachs