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Goldman Sachs Group Inc

Goldman Sachs board nominates Royal Dutch Shell CFO for director role
Business & Finance

Goldman Sachs board nominates Royal Dutch Shell CFO for director role

  • If her appointment is approved by shareholders, Jessica Uhl will be the fifth woman director on Goldman's board and its only member to come from the fossil fuel industry.
  • Shell, where Uhl has worked since 2004, recently vowed to eliminate net carbon emissions by 2050, as it prepares to expand its renewables and low-carbon business in the face of growing investor pressure on the oil and gas sector to battle climate change.
Updated 15 Mar, 2021 09:24pm
Bitcoin hits $60,000 in record high
Markets

Bitcoin hits $60,000 in record high

  • A $1.5 billion bitcoin bet last month by Tesla Inc saw Elon Musk's electric car company join business software firm MicroStrategy Inc and Twitter boss Jack Dorsey's payments company Square Inc in swapping some traditional cash reserves for the digital coin.
  • Amid rising customer demand to own and invest in bitcoin, Goldman Sachs Group Inc. said this week that it is exploring how to serve those clients while remaining on the right side of regulation.
Updated 13 Mar, 2021 09:10pm
Goldman Sachs unveils Marcus Invest robo-adviser in consumer push
Business & Finance

Goldman Sachs unveils Marcus Invest robo-adviser in consumer push

*Goldman's robo-adviser will allocate and rebalance customers' wealth based on models developed by the bank's investment-strategy group, which has traditionally catered to institutions and the ultra-rich. * Marcus Invest offers individual and joint investment accounts, as well as three types of individual retirement accounts, the bank said.
Published 16 Feb, 2021 07:21pm