Tag Archives: goldman sachs

Jan Hatzius and David Mericle – economists at the banking giant Goldman Sachs – predicted that the US Federal Reserve will start lowering interest rates from the second quarter of 2024.  Many experts have previously suggested that such a pivot could boost investor interest in risk-on assets, including stocks, commodities, and cryptocurrencies.  Still Uncertain About the Pace According to Hatzius and Mericle, the US central bank – the Federal Reserve – will start a gradual...

CoinspeakerIndia Launches Open Competition to Build Web Browser Using Crypto to Digitally Sign Documents The competition, which has a submission deadline in July next, will allow tech enthusiasts add to crypto innovation in India. India Launches Open Competition to Build Web Browser Using Crypto to Digitally Sign Documents

CoinspeakerAmazon Reportedly Talking with Arm Ltd to Become Anchor Investor for Upcoming IPO Amazon is looking to anchor the IPO and has joined Nvidia, Apple, Intel, TSMC, and Samsung in official talks with Arm Ltd. Amazon Reportedly Talking with Arm Ltd to Become Anchor Investor for Upcoming IPO

According to Goldman Sachs’ economists Joseph Briggs and Devesh Kodnani, investments related to Artificial Intelligence (AI) could climb to the astonishing $200 billion by 2025. They also argued that the United States of America is well-positioned to become the global center of that technology. AI Could Impact the Economy Goldman Sachs Research, conducted by Briggs and Kodnani, estimated that Artificial intelligence has “enormous economic potential” and could potentially aid...

CoinspeakerGoldman Sachs: India to Become World’s Second-Largest Economy Overtaking US by 2075 Goldman Sachs notes that India's lowering dependency rate, emphasis on infrastructure boost, and capital investment inflows will spearhead the country's economic output in the next few decades. Goldman Sachs: India to Become World’s Second-Largest Economy Overtaking US by 2075

Mathew McDermott – a managing director of Goldman Sachs, one of the biggest financial companies in the world – says he thinks blockchain technology is well on its way to creating a sound new financial system that will never be rivaled or overshadowed. Mathew McDermott on the Future of Blockchain In a recent interview, McDermott explained his thoughts and feelings towards blockchain and how Goldman plans to integrate the technology into its systems in the coming...

Several Wall Street Banks, including Goldman Sachs, have cut their outlook on growth in China as the economy struggles. Leading global investment banking and management firm Goldman Sachs has joined several Wall Street banks to reduce its growth outlook for China. This downgrade comes as the East Asian powerhouse is experiencing a dwindling economy as it battles the effects of the coronavirus pandemic. Goldman Sachs reduced the growth outlook for China’s full-year 2023 GDP (gross...

Starling CEO Anne Boden agrees to step down from the role at the British neobank next month over ‘conflict of interest’ concerns.  According to reports, Starling Bank co-founder and CEO Anne Boden will step down at the end of next month. Chief operating officer John Mountain is replacing Boden at the helm of the British digital bank. The CFO has been with Starling since 2015. Boden co-founded Starling in 2014 and grew the neobank’s profile and business visibility to become a leading UK...

The investor community is brewing with optimism as it expects AI to drive profit growth at a time of rising borrowing costs and supply chain problems Although the onslaught of artificial intelligence (AI) is creating a major disruption in the market date, banking giant Goldman Sachs is bullish about the tech and expects it to boost the S&P 500 profits over the next decade. The emergence of ChatGPT from OpenAI and several AI platforms subsequently, has created a significant storm in the...

The banking giant Goldman Sachs determined in a recent study that 32% of family offices across the globe have exposure to digital assets, NFTs, or DeFi, while 26% have explicitly invested in cryptocurrencies. The results from the 2021 research showed that only 16% of the wealth management firms were HODLers.  Two Years Difference  Goldman Sachs contacted 166 family offices in the Americas, Europe, the Middle East and Africa (EMEA), and Asia-Pacific (APAC) to determine how...