goldman

Goldman Sachs Group Inc on Wednesday reported a sharp drop in trading revenue that renewed questions about its ability to revive a moribund profit driver or find business to replace it, sending shares down 3 percent. The Wall Street bank posted its first quarterly loss in six years due …...

Bitcoin can serve as a global currency in theory, according to Goldman Sachs strategists. The reality is that much of the developed world already has stable monetary systems, alternative stores of value, and the US dollar for foreign trade and reserves. Cryptocurrencies may be useful in parts of...