Goldman in talks to dump Apple Card to American Categorical: Supply

Goldman Sachs is in talks to dump its Apple bank card and high-yield financial savings account merchandise to American Categorical, a supply instructed CNBC’s Leslie Picker. Goldman Sachs, Apple and American Categorical declined to remark. The talks come amid a broader retreat by Goldman from its largely failed shopper banking initiatives, for which CEO David … Read more

Tech IPO drought reaches 18 months regardless of Nasdaq first half rally

Karl-Josef Hildenbrand | AFP | Getty Photos Automobile-sharing service Turo filed its IPO prospectus in January 2022. A month earlier, Reddit stated it submitted a draft registration for a public providing. Instacart’s confidential paperwork was filed in Could of final 12 months. None of them have hit the market but. Regardless of a bloated pipeline … Read more

China’s actual property stoop predicted to final for years, threatening wider area

NANNING, CHINA – MAY 17, 2023 – A industrial residential property is seen in Nanning, South China’s Guangxi Zhuang autonomous area, Might 17, 2023. Future Publishing | Future Publishing | Getty Photographs Weak spot in China’s actual property sector could possibly be a drag on the financial system for years to return and will even … Read more

Goldman Sachs created Louisa, AI-powered social media startup

Goldman Sachs, recognized extra for its Wall Avenue bankers than its know-how, has simply spun out the primary startup from its inner incubator. The corporate, a networking platform for workers known as Louisa, was funded and owned by the New York-based funding financial institution till just a few weeks in the past, when it grew … Read more