Goldman names new head of digital assets in…

Goldman Sachs is renewing its push into Wall Street's digital future.The firm made Mathew McDermott, a managing director who ran the investment bank's internal funding operations, its new global head of digital assets last month,…

Goldman Sachs shares rise as earnings blow past…

Goldman Sachs on Wednesday reported blowout second-quarter earnings as its reliance on trading and investment banking paid off amid the market turbulence caused by the coronavirus pandemic.The bank said it generated $ 2.42 billion in profit, or $…

Goldman Sachs says an oil price correction as…

An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi Arabia.Simon Dawson | Bloomberg | Getty ImagesGoldman Sachs sees a correction in oil prices on…

Goldman Sachs says a second wave of coronavirus…

Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC.Getty ImagesAnother "big setback" in the U.S. economy could prompt the Federal Reserve to consider cutting interest rates into negative territory â€” but such…