Goldman Sachs Group
Goldman, Morgan Stanley Limit Losses With Fast Sale of Archegos Assets
Goldman Sachs Group Inc. and Morgan Stanley were quick to move large blocks of assets before other large banks that traded with Archegos Capital Management, as the scale of the hedge fund’s losses became apparent, according to people with knowledge of the transactions. The strategy helped limit the U.S. firms’ losses in last week’s epic …
Oscar Health Could Raise $1 Billion in IPO Next Week
Text size A scene inside the Oscar Center in the Brooklyn borough of New York. Kholood Eid/Bloomberg Oscar Health, the insurance-technology company backed by Josh Kushner, is slated to go public early next month, two people familiar with the situation said. Oscar is scheduled to price its deal on March 2, and trade the next …
BlackRock Emerges as Wall Street Player in Biden Administration
Wall Street bankers, and in particular those from Goldman Sachs Group Inc., have long held senior positions in the White House. Under President-elect Joe Biden, such roles are going to executives of BlackRock Inc. A former Goldman executive held the Treasury secretary post in three of the last four administrations, but the firm is absent …
Trading Technologies Is for Sale
Text size A board that ordinarily shows prices at the Tokyo Stock Exchange was empty on Oct. 1 as a technical problem forced the exchange to suspend trading. Yuichi Yamazaki/Getty Images Trading Technologies International, a provider of cloud-based trading software, is up for sale, according to four banking and private-equity executives familiar with the matter. …
