Sharmin Mossavar-Rahmani

Goldman Sachs Group remained a lone wolf on Wall Street when it comes to cryptocurrency, holding firm to its negative stance despite a recent surge in prices and increasing interest from other financial giants. What Happened: Sharmin Mossavar-Rahmani, the chief investment officer of Goldman Sachs...

The Chinese economy has shown remarkable resilience, with a significant factory output and investment surge. This robust performance has raised questions about the necessity of further stimulus measures. What Happened: The National Bureau of Statistics reported a 7% increase in industrial output...

Amid rising doubts over domestic markets, Chinese investors are quickly shifting their funds into offshore assets, reaching the country’s cap on outbound investment. This move is adding a new layer of complexity to Beijing’s struggle to bolster local markets and stabilize the yuan. What...

Goldman Sachs Group Inc.'s (NYSE:GS) Sharmin Mossavar-Rahmani, who is the chief investment officer of the private wealth management group at the investment bank, thinks that Bitcoin ETF approval does not make the cryptocurrency a legitimate investment option. What Happened: Mossavar-Rahmani likened...

The cryptocurrency market finished a difficult week on a quiet note on Friday, with most major currencies trading up less than 1 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market this week and which currencies were on the move. Headlines On...