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Japan: Structuring An ESG Investment Fund In Japan - Withers LLP

A NEW US$150 million venture capital fund in Japan, launched by former Goldman Sachs vice-chair Kathy Matsui, made the headlines recently as one of Japan's first environmental, social and governance (ESG)-focused venture capital funds.
Tags: Japan, News, US, Goldman Sachs, ESG Investment Fund In Japan Withers LLP, Kathy Matsui


10 things in tech: Larry Page in Fiji - Zuck's metaverse - Web outages

A host of high-profile websites including UPS and Airbnb went dark yesterday. Screenshot Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. A lot of websites went dark yesterday. UPS, FedEx, US Bank, Airbnb, and other major websites saw outages beginning around noon yesterday, but the issue was fixed within an hour. What we know about what happened.2. Mark Zuckerberg said he wants to turn Facebook into "a metaverse company."...
Tags: Google, Facebook, Mark Zuckerberg, Elon Musk, Disney, Newsletter, Trends, Tech, Tesla, Nasa, UPS, Larry Page, Silicon Valley, Airbnb, Goldman Sachs, Mars


Tech stocks drive the market higher with mega-cap giants Apple and Amazon leading the way

Spencer Platt/Getty Images US stocks traded higher on Thursday, driven by mega-cap tech giants Microsoft, Apple and Amazon.The gains came even as weekly jobless of 419,000 were higher than estimates of 350,000.The S&P 500 is now less than 1% below its record high of 4,393.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks edged higher on Thursday, driven by a more than 1% gain in mega-cap tech giants Microsoft, Apple, and Amazon. The gains helped send the S&...
Tags: Apple, Amazon, Microsoft, US, Trends, Markets, Unilever, SEC, Goldman Sachs, Stock Market, Nasdaq, Dow Jones, S&P 500, Dow Jones Industrial Average, Guggenheim, Citi


US stocks trade mixed after weekly jobless claims come in higher than expected

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., March 3, 2020. Andrew Kelly/Reuters US stocks were mixed on Thursday after weekly jobless claims came in higher than expected.419,000 Americans filed for unemployment last week, well above the estimate of 350,000.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.US stocks halted their uptrend early Thursday morning and moved lower following a surprise jump in weekly job...
Tags: US, Trends, Markets, Trading, SEC, Goldman Sachs, Stock Market, Nasdaq, S&P 500, Dow Jones Industrial Average, Nyse, Guggenheim, Gary Gensler, New York City New York, New York Stock Exchange NYSE, Matthew Fox


60% of super-rich family offices own crypto or are interested as inflation soars, Goldman Sachs says

Cryptocurrencies have boomed in 2021, despite a recent plunge. Yuriko Nakao/Getty Images 60% of family offices have already invested or are interested in crypto, Goldman Sachs has found. Many investment firms of the rich increasingly see crypto as a hedge against inflation, the survey said. Yet others remain concerned about cryptocurrencies' volatility and the safety of the market. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The investment firms of the sup...
Tags: Asia, Europe, Africa, Americas, Trends, Middle East, Goldman Sachs, Goldman, EMEA, Harry Robertson, Yuriko Nakao Getty, David Grider, Ria Bhutoria


Marcus Mocks Traditional Banks in New Advertising Campaign

Promotions will carry through to Goldman Sachs' long-anticipated introduction of consumer checking accounts for its online customers. The post Marcus Mocks Traditional Banks in New Advertising Campaign appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
Tags: Finance, Advertising, Goldman Sachs, Branding, Marcus, Featured Content, Marcus Mocks Traditional Banks


Marcus Mocks Traditional Banks in New Digital Advertising Campaign

Promotions will carry through to Goldman Sachs' long-anticipated introduction of consumer checking accounts for its online customers. The post Marcus Mocks Traditional Banks in New Digital Advertising Campaign appeared first on The Financial Brand - Banking Trends, Analysis & Insights.
Tags: Finance, Advertising, Goldman Sachs, Branding, Marcus, Featured Content


Investors are rushing to hedge oil bets after Delta variant jitters gave crude its biggest drop this year

Shutterstock Investors are trying to hedge their oil bets after Monday's beating, according to a Wall Street Journal report. Some particularly prescient traders had already hedged their position before Monday's oil turmoil. Analysts still expect oil to climb, arguing fundamental supply and demand dynamics are unchanged. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Oil took a beating during Monday's sell-off, leading investors to hedge their bets d...
Tags: Oil, Trends, Markets, Bank Of America, Delta, Ubs, Goldman Sachs, Goldman, Wall Street Journal, Futures, Options, Hedging, Mizuho Securities, Bob Yawger, Yawger, Opening Bell Oil


Robinhood's Guinea Pig for Upending Public Offerings: Itself

When Vlad Tenev and Baiju Bhatt created the stock trading app Robinhood in 2013, the entrepreneurs declared that their mission was to democratize Wall Street and make finance accessible to all. Now as they prepare to make their company public, they are taking that ethos to a new extreme. From a report: Mr. Tenev and Mr. Bhatt have long discussed how Robinhood's initial public offering would be more open than any other offering that came before it, three people close to the company said. This wee...
Tags: Tech, Goldman Sachs, Guinea Pig, Robinhood, Vlad Tenev, Bhatt, Baiju Bhatt, Tenev


BNY Mellon joins State Street in backing a crypto exchange as digital assets continue to surge in popularity

The Bank of New York Mellon Corp. building at 1 Wall St. is seen in New York's financial district March 11, 2015. REUTERS/Brendan McDermid Bank of New York Mellon has joined State Street and a group of banks backing crypto exchange Pure Digital. Its first trade is now imminent and will involve bitcoin, founder Campbell Adams told the Financial Times. As institutional interest nudges banks into crypto, different approaches to the asset class are being tested. Sign up here for our daily ...
Tags: New York, Banks, Trends, Markets, Bitcoin, Crypto, Fidelity, Goldman Sachs, Financial Times, Wall St, State Street, BNY Mellon, Bank of New York Mellon Corp, Binance, Opening Bell Bank of New York Mellon, MI Exclusive


i80 Group has quietly committed $1B in credit to the fintech and proptech worlds

Not every startup wants to raise venture capital. And then there are those that do want to raise VC money but don’t want to use it for specific things. In recent years, a number of firms have emerged looking to meet the credit needs of such venture-backed and growth startups: i80 Group is one of those firms. Former Goldman Sachs investment banker Marc Helwani founded i80 in 2016 after investing in early-stage New York-based fintechs in 2014-2015 via his VC fund, Avenue A Ventures. ...
Tags: New York, San Francisco, Tech, Paypal, Scifi, Goldman Sachs, Andreessen Horowitz, Montreal, Max Levchin, Khosla Ventures, Union Square Ventures, Silicon Valley Bank, Helwan, Helwani, Capchase, Marc Helwani


Cryptocurrencies can be valued based on network size just like social media companies employ metrics like monthly active users, Goldman Sachs says

INA FASSBENDER/AFP via Getty Images Cryptocurrencies can be valued on the basis of their network size, Goldman Sachs said. Prices may be related to a network of users, just as Facebook counts active users, a note said. The team used blockchain addresses to work out network sizes for eight cryptocurrencies. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Correctly valuing cryptocurrencies is complex, given their lack of tangible fundamentals. While digital assets ...
Tags: Facebook, Trends, Crypto, Goldman Sachs, SPAC, Metcalfe, Zach Pandl, INA FASSBENDER AFP, Shalini Nagarajan, Isabella Rosenberg


JPMorgan CEO Jamie Dimon just got a big new incentive to stay on for 5 more years. Here's everything you need to know.

Jamie Dimon has been CEO of JPMorgan since 2005. Business Insider JPMorgan, headed up by CEO Jamie Dimon since 2005, is the biggest US bank by assets. The bank has granted Dimon a big stock award, and he has to stay around five years to collect it. Earlier this year JPM revealed a leadership shakeup that hinted at CEO successors. Visit Business Insider's homepage for more stories. JPMorgan is the biggest US bank by assets and a bellwether for the global financial system. So when the f...
Tags: Google, Florida, UK, California, Wall Street, US, Trends, Goldman Sachs, Goldman, Jamie Dimon, Cnbc, Wells Fargo, Marcus, Jpmorgan, Reid, Gordon Smith


Graduates should expect to work 12-hour days and 6 days a week to really master their jobs, says JPMorgan exec

Mary Callahan Erdoes of JPMorgan. Ruben Sprich/Reuters Graduates should expect to work 72-hour weeks, says JPMorgan wealth management CEO Mary Erdoes. This will speed up their mastery of the craft, versus taking 5 years by working 8-hour days. By doing 12-hour days, graduates can cut the process down to under 3 years. See more stories on Insider's business page. Graduate wealth management analysts should expect to work 72 hour weeks - and they'll be better trained for it - accordi...
Tags: London, Wall Street, Careers, Success, Trends, Strategy, Work Life Balance, Bloomberg, Banking, Goldman Sachs, Malcolm Gladwell, Jpmorgan, Stephen Jones, Bank of America Merrill Lynch, JPMorgan Asset Management, Mary Callahan Erdoes


10 things before the opening bell

Johannes Eisele/Getty Images Welcome to 10 Things Before the Opening Bell. If this was forwarded to you, sign up here. Plus, sign up here for Insider Investing, our weekly markets analysis newsletter.Let's get into it.1. Global shares are recovering from the sell-off earlier in the week. Investors remain optimistic about the economic recovery despite seeing the largest daily dip of 2021 on Monday. 2. Look for an 8% rally in the S&P 500 by year-end, says JPMorgan. Despite falling bond...
Tags: Amc, Newsletter, Trends, Markets, Reddit, Ubs, Goldman Sachs, Bill Ackman, Will Smith, Nasdaq, Texas Instruments, Gamestop, Kevin Durant, Johannes Eisele Getty, Opening Bell, Phil Rosen


Climate Friendly Cooling Tech Firm Gets $50 Million From Goldman Sachs

By Jane Lanhee Lee(Reuters) - Chemicals used in air conditioning, freezers and refrigeration have long hurt the environment by destroying the ozone...
Tags: Goldman Sachs, Jane Lanhee Lee, Reuters Chemicals


Deal toys biz booms as M&A on Wall Street surges

Afton Almaraz/Getty Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today:Get an inside look at the makers of 'deal toys' that have seen business skyrocket in 2021 thanks to increased M&A. Challenger bank HMBradley is growing so fast it needs to add more partner banks to keep up with deposits. Two Black women executives on Wall Street detail microaggressions they've faced. Vestwell, a fintech focused on disrupting em...
Tags: Berlin, US, Trends, Bloomberg, Goldman Sachs, Wall Street Journal, Cto, Reuters, USCIS, Southern Company, Adam Neumann, Novo, Maureen Farrell, Samantha Lee, Capricorn Investment Group, Vestwell


Nasdaq is spinning off its marketplace for private shares into a separate business as more investors clamor for a piece of pre-IPO companies

Nasdaq Private Market was launched in 2014. VIEW press/Getty Images Nasdaq will work with a group of banks to spin off its Nasdaq Private Market unit into a separate business. Private companies have used Nasdaq's business to raise capital and manage secondary transactions. SVB Financial and Goldman Sachs are part of the consortium to establish a secondary trading venue for private company stock. See more stories on Insider's business page. Stock exchange operator Nasdaq said Tues...
Tags: Trends, Markets, IPOs, Stock Markets, Goldman Sachs, Morgan Stanley, Nasdaq, Silicon Valley Bank, Citigroup Goldman Sachs, Private Markets, Carla Mozee, SVB Financial Group, Greg Becker, Nasdaq Exchange, Nasdaq Private Market, MI Exclusive


Ex-Goldman Sachs Banker in 1MDB Corruption Case Gets Smaller Ankle Bracelet

By Elizabeth Dilts MarshallNEW YORK (Reuters) - A former Goldman Sachs banker charged in connection with a multibillion-dollar scandal at...
Tags: Goldman Sachs, Elizabeth Dilts, Goldman Sachs Banker, MarshallNEW YORK Reuters


UBS CEO says crypto is an untested asset class and he isn't worried about missing out on clients

Ralph Hamers, CEO of UBS, gestures during in Zurich, Switzerland, Thursday, Feb. 20, 2020. Walter Bieri/Keystone via AP Ralph Hamers, CEO of UBS Group, said he advises his clients to be cautious when it comes to crypto. "We feel that crypto itself is still an untested asset category," he told Bloomberg. Hamers also said he does not worry about losing out on billionaire clients by not offering crypto. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Ralph Hamers, ...
Tags: US, Trends, Bloomberg, Ubs, Goldman Sachs, Morgan Stanley, Zurich Switzerland, Sergio Ermotti, UBS Group, UBS Wealth Management, Ralph Hamers, Meanwhile Bank of America, Isabelle Lee, Kiran Ganesh, Walter Bieri Keystone, AP Ralph Hamers


UBS CEO says working remotely is good for bank's clients as well as staff work-life balance

Ralph Hamers, new CEO of Swiss Bank UBS, gestures during a press conference in Zurich, Switzerland, Thursday, Feb. 20, 2020. Associated Press UBS CEO Ralph Hamers told Bloomberg that hybrid working is good for clients and employees. He confirmed two-thirds of UBS staff would work hybrid in the future, though traders may be excepted. The bank is also 'reviewing' its office footprint, Hamers said. See more stories on Insider's business page. UBS Group CEO Ralph Hamers has said t...
Tags: Asia, America, Trends, Bloomberg, Hsbc, Ubs, Jp Morgan, Goldman Sachs, National Bureau of Economic Research, Jamie Dimon, Zurich, Stanford University, Zurich Switzerland, Bloom, Stephen Jones, UBS Group


Warren Buffett likely took a $6 billion hit on just 4 stocks during Monday's painful sell-off

Warren Buffett. REUTERS/Rebecca Cook Warren Buffett probably took a $6-billion hit on four stocks during Monday's sell-off. The investor's Apple, Bank of America, Coca-Cola, and American Express stakes fell in value. Buffett's Berkshire Hathaway has made over $150 billion in total gains on those positions. See more stories on Insider's business page. Warren Buffett likely suffered a $6 billion blow to his stock portfolio on Monday, as four of his biggest holdings slumped in...
Tags: Apple, Trends, Bank Of America, American Express, Berkshire Hathaway, Warren Buffett, Ibm, Goldman Sachs, Starbucks, Coca Cola, Berkshire, Buffett, Theron Mohamed, Rebecca Cook Warren Buffett


Goldman Sachs: Biden's antitrust crackdown could slow the deal boom on Wall Street

President Joe Biden is cracking down on monopolies. And that has some on Wall Street worried.
Tags: Joe Biden, Cnn, Goldman Sachs, Biden


Stock market sell-off batters energy stocks as Delta variant and falling oil prices worry investors

Shannon Stapleton/Reuters Energy stocks tumbled as the broader market sold off on Monday, with the S&P 500 Energy Index falling 4.5%. Fears surrounding the Delta variant were top of traders' minds, as the virus could threaten further lockdowns. Some observers still see oil rising over the long term as supply struggles to meet demand. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Energy stocks tumbled as the broader market sold off on Monday, with the S&P 50...
Tags: Energy, UK, Texas, Oil, Trends, Markets, ExxonMobil, Bank Of America, Opec, Delta, Ubs, Stocks, Oil Price, Goldman Sachs, Morgan Stanley, Goldman


Dow plunges as much as 935 points as fears grow over spread of COVID-19 Delta variant

JOHANNES EISELE/AFP via Getty Images US stocks fell sharply to start the week as investors grow concerned about the global spike in COVID-19 cases. The 10-year Treasury yield fell 8.2 basis points to 1.217%. Cryptocurrencies, gold, and oil were all trading lower. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks fell sharply Monday as investors eye a spike in global COVID-19 cases led by the Delta variant, creating a roadblock to a full recovery of the ec...
Tags: Saudi Arabia, US, Trends, Opec, Delta, Treasury, Goldman Sachs, Bill Ackman, Morgan Stanley, Nasdaq, Robinhood, Dow Jones, Securities And Exchange Commission, SPAC, Michael Wilson, Johannes Eisele


A prolonged sell-off in the stock market is unlikely for these 2 reasons, according to Fundstrat's Tom Lee

Cindy Ord/Getty Images A prolonged sell-off in the stock market is unlikely for 2 key reasons, Fundstrat's Tom Lee said in a note on Monday.Recent weakness in stocks can be largely attributed to rising COVID-19 cases, according to Lee."July chop ultimately a great set-up for risk assets to rally in 2H2021," Lee said.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Recent weakness in the stock market will likely be short-lived and won't extend into a large de...
Tags: India, Israel, Trends, Goldman Sachs, Lee, Treasuries, Tom Lee, USA UK, Matthew Fox, Cindy Ord Getty Images, Fundstrat, COVID


Goldman Sachs Raises Oil Price Forecast Following OPEC Deal

The agreement which OPEC+ reached on Sunday is modestly bullish for Goldman Sachs’s forecast that Brent will hit $80 per barrel this summe
Tags: Opec, Brent, Goldman Sachs


Cathie Wood's flagship ARK fund shows dot-com bubble traits and may be luring investors into a 'bull trap,' JPMorgan strategist says

Cathie Wood, CEO and chief investment officer of ARK Invest. ARK Invest Cathie Wood's flagship ETF is showing dot-com bubble-like traits, a JPMorgan strategist said. It could be luring investors into a "bull trap scenario," JPMorgan's Shawn Quigg wrote. An impending rise in Treasury yields could spur a decline in ARKK's shares, he said. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Cathie Wood's ARK Innovation ETF is demonstrating bubble-like tra...
Tags: US, Trends, Tesla, Treasury, Goldman Sachs, Jpmorgan, Morningstar, Quigg, Shawn Quigg, Cathie Wood, Shalini Nagarajan, ARKK, ARK Invest ARK Invest Cathie Wood, Opening Bell Cathie Wood, JPMorgan Investors, ARKK Quigg


10 things before the opening bell

Spencer Platt/Getty Images Welcome to 10 Things Before the Opening Bell. If this was forwarded to you, sign up here. Plus, sign up here for Insider Investing, our weekly markets analysis newsletter.Let's jump in.1. Lumber prices are still lofty despite recent weakness, but an expert says they'll fall back to pre-pandemic levels within a year. It's going to continue being a rocky ride, but one investment chief explains why prices will eventually return to normal.2. Global share...
Tags: Amc, US, Newsletter, Trends, Markets, Bank Of America, Paypal, Reddit, Goldman Sachs, Morgan Stanley, Gamestop, Meme, BofA, Opening Bell, Phil Rosen, Sven Henrich


Oil drops as OPEC+ agreement raises prospect of more supply | Reuters

Oil drops as OPEC+ agreement raises prospect of more supply | Reuters Oil prices recouped some losses on Monday, but were still down after OPEC+ overcame internal divisions and agreed to boost output, which sparked concerns about a crude surplus as COVID-19 infections continue to rise in many countries.Brent crude was down 61 cents, or 0.8%, at $72.98 a barrel by 0617 GMT, after falling to $72.35 earlier in the session. U.S. oil was down 66 cents, or 0.9%, at $71.15 a barrel, having slipped to...
Tags: Travel, Russia, Opec, Goldman Sachs, Reuters, Reuters Oil, Rupert Neil Bumfrey