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Goldman Sachs Group | January 15, 2020
Goldman Sachs Group Inc (GS.N) reported a bigger-than-expected fall in quarterly profit on Wednesday as the Wall Street bank set aside more money to cover legal costs for the 1MDB corruption scandal, overshadowing a rebound in its trading business. The bank set aside $1.09 billion in the fourth quarter ahead of an expected settlement that could touch $2 billion or more. Goldman’s full-year earnings took a hit of $3.16 per share from the provision. The legal woes come at a time when Chief E...
Financial Management, Fintech
Illuminate Financial Management | November 30, 2022
Illuminate Financial, the specialist venture capital investor dedicated to early-stage FinTech and enterprise software companies, today announced a strategic partnership with Singapore Exchange (SGX Group), Asia's leading international multi-asset exchange. In connection with the partnership, SGX Group will become a limited partner in Illuminate Financial's latest venture capital strategy, which backs early-stage FinTech and enterprise software companies globally driving i...
Financial Management
SparkCognition, AIM2 | February 24, 2021
SparkCognition announced that it agreed to acquire AIM2 from hedge fund management company Brevan Howard and global investment bank Nomura. Being the world's leading industrial artificial intelligence (AI) company, SparkCognition aims to expand further into financial services and with more capabilities in the future. SparkCognition has also executed contracts with both Brevan Howard and Nomura. They will allow SparkCognition to expand its AI capabilities and meet the needs of ...
Payments
Voyager | November 09, 2021
Voyager Digital Ltd., one of the fastest-growing, publicly traded cryptocurrency platforms in the United States, today announced the integration of the Voyager token (VGX) into Coinify's cryptocurrency payment platform, a wholly-owned Voyager subsidiary that provides merchant payment services in over 150 countries. The integration of VGX into Coinify's crypto payment platform expands the functionality of the Voyager token well beyond the Voyager ecosystem. Ou...
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