Goldman Sachs Group

Apple Card credit-card holders can open an account with a 4.15% annual percentage yield. Apple Card credit-card holders can open an account with a 4.15% annual percentage yield. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do…

Apple Inc. said it has launched its high-yield savings account with Goldman Sachs Group Inc. that offers Apple Card users an annual percentage yield of 4.15%. Apple said there are no fees, no minimum deposits and no minimum-balance requirements for the savings account, and users can set their account up and manage their savings directly from Apple Card in the Wallet app. Apple Inc. said it has launched its high-yield savings account with Goldman Sachs Group Inc. that offers Apple…

No companies with investment-grade credit ratings sold new bonds over the six business days from March 10 through March 17, the first week in March without a new high-grade bond sale since 2013, according to PitchBook LCD. The market for new junk-bond sales has largely stalled this month, and no companies have gone public on the New York Stock Exchange in more than two weeks. March is typically busy for new corporate debt financings: Companies look to secure financing before the blackout period between the end of the…

WASHINGTON—TikTok Chief Executive Officer Shou Zi Chew says his company is offering the U.S. government more concessions and oversight than any business in history.On Thursday, the 40-year-old Singaporean army reservist and former Goldman Sachs GS 2.50% banker is slated to appear in front of a group of lawmakers who say that still isn’t enough.Born and raised in Singapore, then educated in London and at Harvard Business School, Mr. Chew has navigated both Western and…

WASHINGTON—TikTok’s boss has a message for the Biden administration and Congress: A sale won’t resolve America’s national-security concerns over the popular video app.Chief Executive Shou Zi Chew said in an interview that divesting the company from its Chinese owners—a move the U.S. is now demanding—doesn’t offer any more protection than a multibillion-dollar plan TikTok has already proposed. The plan involves hiring an American partner, Oracle Corp. , to…

Silicon Valley Bank executives went to Goldman Sachs Group Inc. GS -3.09% in late February looking for advice: They needed to raise money but weren’t exactly sure how to do it.Soaring interest rates had taken a heavy toll on the bank. Deposits and the value of the bank’s bond portfolio had fallen sharply. Moody’s Investors Service was preparing for a downgrade. The bank had to reset its finances to avoid a funding squeeze that would badly dent profits.  The…

Goldman Sachs GS 2.29% Group Inc. has admitted defeat in its ambitious plan to be the bank for everybody. Now it has to figure out how to be a bank for somebody.Chief Executive David Solomon told analysts and shareholders this week during an in-person investor day at its headquarters that the firm is scaling back on banking consumers and their checking accounts and credit cards. Instead, he said, growth will come from managing the wealth…

Goldman Sachs Group Inc. GS -1.28% Chief Executive David Solomon said Tuesday that the bank is “considering strategic alternatives” for its consumer platforms business, which includes the specialty lender GreenSky and credit-card partnerships with Apple Inc. and General Motors Co.  Mr. Solomon made the comments while speaking at the bank’s investor day. “I’ve certainly reflected a lot over…

Ozy Media and Chief Executive Carlos Watson were indicted on charges of lying to investors and lenders about the size of the company’s audience and other aspects of its business, a crippling blow to a once-promising startup that had early backing from big-brand advertisers and venture capitalists. Mr. Watson was arrested Thursday morning in a Manhattan hotel and accused of falsifying information about Ozy’s performance and inflating its projected earnings, in an effort to secure tens of…

Big banks are teaming up to launch a digital wallet that people can use to shop online. Wells Fargo WFC -1.29% & Co., Bank of America Corp. BAC 0.73% , JPMorgan Chase JPM 0.86% & Co. and four other banks are working on a new product that will allow shoppers to pay at merchants’ online checkout with a wallet that will be…