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How BlackRock Is Opening Doors To Wall Street Banks For Indirect Asset Holdings
Tuesday, December 12, 2023 - 5:56pm | 434BlackRock (NYSE: BLK) has taken the next step to widen liquidity options for the spot Bitcoin ETF in anticipation of approval. What Happened: BlackRock’s proposed Spot Bitcoin ETF has modified its structure to enable Authorized Participants (APs), mainly Wall Street banks, to...
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As Goldman Sachs Loses Prestige On Wall Street, Lloyd Blankfein Takes Time To Troll Trump On Twitter
Tuesday, August 22, 2017 - 11:03am | 498Shares of Goldman Sachs Group Inc (NYSE: GS) are lower by nearly 7 percent since the start of 2017. The bank's recent earnings report even prompted analysts at UBS to downgrade Goldman's stock rating from Buy to Neutral with a price target of $225, which implies close to zero upside from...
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A Quarter Of A Million Students Applied To Work At Goldman Sachs This Summer
Tuesday, June 7, 2016 - 8:41am | 391Competition is always tough, especially for students looking to enter the job market. There is no clearer example of this than the number of students looking to kick-start their career at one of, if not the, most prestigious Wall Street firms - Goldman Sachs Group Inc (NYSE: GS). According to CNBC...
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Should Banks Be 'Praying' For Regulation?
Wednesday, June 1, 2016 - 10:53am | 299Josh Brown, aka "The Reformed Broker" is a fan of banking regulation to the point where he suggested that Wall Street banks "should get down on their knees and pray for regulation." Brown commented on a recent Wall Street Journal report which detailed how banks are dealing...
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European Billionaire to Wall Street: You Are Wrong on Emerging Markets
Friday, January 10, 2014 - 4:10pm | 383Benzinga reported on Tuesday on a growing number of Wall Street banks that have turned negative on emerging markets. Goldman Sachs (NYSE: GS), JPMorgan (NYSE: JPM) and Morgan Stanley (NYSE: MS) advise their clients to avoid exposure across multiple assets classes in emerging markets such as...