Don't Miss:
27. April 2024
ABOUTADVERTISE CONTACT
   

Tag: Goldman Sachs

Retail Asia13/01/2023
Goldman-Sachs-and-the-Evolution-of-Bitcoin-1024x682.jpg
Finance

The Heads Start Rolling at Goldman Sachs

6min0
In the biggest wave of layoffs since the financial crisis, Goldman Sachs is cutting 6.5 percent of its jobs worldwide. Its Swiss subsidiary may be less affected. Packing their bags and rushing out of the office is the current feeling for Goldman Sachs employees who have to leave the bank due to job cuts. Last […]
CONTINUE READING
Retail Asia21/09/2022
Goldman_Sachs_expands_in_Warsaw_1-1024x684.jpg
Finance

Goldman Sachs Unloads 30 Bankers in Asia

1min0
As many as 30 bankers have left Goldman Sachs in Asia, as part of a global exercise to trim workers. Up to 30 investment bankers have left Goldman Sachs in Asia, sources said, across teams in equity capital markets, healthcare as well as technology, media and telecommunications (TMT), especially those involved in Greater China deals. […]
CONTINUE READING
Retail Asia21/09/2022
Goldman-Sachs-and-the-Evolution-of-Bitcoin-1024x682.jpg
Finance

Goldman Sachs Expands Services to Swiss Clients

2min0
Goldman Sachs is expanding its investment banking services in Switzerland and Europe as it chases stable revenues on the continent. Goldman Sachs is offering transaction banking services to corporate clients in the EU, adding services outside of its investment bank’s core areas of trading and advisory, it said in a statement Tuesday. Rolled out from Goldman Sachs’ […]
CONTINUE READING
Retail Asia11/11/2021
Citibank-OFC-e1418962468163-1024x613.jpg
Finance

Citi Adds Prime Brokerage Duo in Hong Kong

1min0
Citi has hired two new directors from BNP Paribas and Goldman Sachs for its prime brokerage unit in Hong Kong. Drew Kuech and Oliver Law join Citi as directors of the prime services sales trading team, according to a statement, reporting to APAC head of prime services sales trading Daniel Millwood. Kuech has 13 years of prime finance and […]
CONTINUE READING
Retail Asia28/07/2021
Goldman-Sachs-and-the-Evolution-of-Bitcoin-1024x682.jpg
Finance

Goldman Sachs Asset Management Files for Crypto-Linked ETF

2min0
Goldman Sachs continues ramping up its crypto-related efforts with the latest filing for an exchange-traded fund that will track related companies. Goldman Sachs’s asset management unit filed for an application with the U.S. Securities and Exchange Commission to offer an exchange-traded fund (ETF) focused on crypto-related companies. The Goldman Sachs Innovate DeFi and Blockchain Equity […]
CONTINUE READING
Retail Asia28/12/2020
Goldman-Wealth-App-1280x853.jpg
Finance

Goldman Sachs Proffers Affluent Wealth App

3min0
The U.S. investment bank plans to expand its wealth offering to affluent clients. The move represents a further departure from its Wall Street roots. Goldman Sachs, the best-known investment bank in the world, is pushing deeper into mass-market banking. Four years after launching Marcus for retail clients, the New York-based company is now releasing an […]
CONTINUE READING
Retail Asia09/12/2020
Goldman-Sachs-and-the-Evolution-of-Bitcoin-1024x682.jpg
Finance

Goldman Sachs MENA Head Retires

1min0
Wassim Younan will retire from his position after nearly three decades with the bank and seeing its Middle Eastern expansion up close. Younan, 58, will retire by year-end, according to a report, and his role thereafter will be replaced by co-chief executive officers Fadi Abuali and Zaid Khaldi. The two will continue to retain their existing responsibilities in asset […]
CONTINUE READING
Retail Asia01/10/2020
Goldman-Sachs-and-the-Evolution-of-Bitcoin-1024x682.jpg
Finance

Goldman Sachs to Launch FX Platform in Singapore

2min0
The platform is the company’s fourth global currency pricing, following others in London, Tokyo, and New York. Goldman Sachs will be launching a foreign-exchange (FX) trading and pricing engine in Singapore, planned for the first quarter of 2021, the company said in a statement on Tuesday. The platform aims to deliver improved low latency execution for clients […]
CONTINUE READING
Retail Asia05/09/2019
Goldman-Sachs-and-the-Evolution-of-Bitcoin-1024x682.jpg
Finance

Goldman Sachs Seeking Control of Chinese JV

3min0
In the application submitted to regulators, Goldman said it would absorb the securities sales, trading and research operations currently sit in the business of its partner in the joint venture. Goldman Sachs has applied to Chinese regulators for approval to gain majority control of the firm’s investment banking joint venture in China, as part of a […]
CONTINUE READING
Retail Asia18/07/2018
paidy-1280x851.jpg
Startups

Online-payment startup Paidy bags US$55m funding

2min0
Japanese startup Paidy has received US$55 million to build a scheme allowing online shoppers to buys goods without a credit card. The series-C funding was led by Goldman Sachs and Japanese trading house Itochu Corporation Paidy was created because even though Japan’s credit-card penetration rate is high, their usage rate is relatively low, even for […]
CONTINUE READING
Retail Asia03/10/2017
Bitcoin-1024x512.jpg
Finance

Goldman Sachs studying whether to trade bitcoins

3min0
Large banks have until now avoided trading in bitcoin due to its reputation as a conduit for illicit activity.Goldman Sachs is exploring whether to launch a trading  venture in bitcoin in response to client demand, a person familiar with the matter said Monday. Goldman’s consideration of the digital currency could give bitcoin a boost at […]
CONTINUE READING
Retail Asia12/04/2017
the-body-shop-1024x683.jpg
Fashion

Goldman Sachs linked to The Body Shop bid

2min0
Investment bank Goldman Sachs is reportedly preparing a £600 million bid for The Body Shop. Owner L’Oreal decided to put the ethical cosmetics brand on the market last month, apparently unwilling to invest in arresting falling sales and market share. The Body Shop bid price would fall considerably short of the £850 million L’Oreal is […]
CONTINUE READING
Retail Asia21/03/2017
c93b52dd5927d90193c52cad2f0ddd5e-1024x682.jpg
E-Tailing

Alibaba Group Investments in Delivery Start Ups

3min
Alibaba and main rival JD.com will enjoy fast growth in the fast moving consumer goods (FMCG) market, according to research from Goldman Sachs, as more people in China turn to online shopping for daily grocery items like food snacks, body care products and soft drinks. The online grocery retail market is currently substantial and will […]
CONTINUE READING
Retail Asia16/03/2017
Online-shopping-with-card-ecommerce.jpg
E-Tailing

Chinese online sales reported to grow

2min0
Chinese online sales are tipped to reach US$1.17 trillion by 2020, according to new research by  Goldman Sachs. That compares with $750 billion in 2016. “While there have been concerns of a slowdown following the deceleration in growth to mid-20 per cent in 2016, we expect online retail growth to sail on at 23 per […]
CONTINUE READING
Retail Asia13/12/2016
delivery-hero-1024x681.jpg
Food

Delivery Hero takes control of Foodpanda

2min0
Control of the Foodpanda business has been sold by parent Rocket Internet, including the remaining Asian operations. German-based online food-ordering service Delivery Hero Holding, which is active in 33 countries, has acquired Rocket Internet-backed Emerging Markets Online Food Delivery Holding, parent of the shrinking Foodpanda business. Foodpanda, 49 per cent owned by Rocket Internet, has […]
CONTINUE READING
Retail Asia08/09/2016
174333679-1024x797.jpg
Food

Alibaba to take stake in Yum China

4min0
Yum! Brands has agreed with two partners to invest $460 million into Yum China, following its spinoff from the American fast-food giant. Also involved are China-based global private equity firm Primavera Capital Group and online and Alibaba subsidiary, mobile financial services provider Ant Financial Services Group, which runs the Alipay mobile payments platform. The spinoff and […]
CONTINUE READING
Retail Asia18/07/2016
clio-1024x641.jpg
Fashion

LVMH affiliate invests $50m in Clio

3min0
L Capital, an affiliate of luxury brand group LVMH, will invest US$50 million in Korean cosmetics company Clio, which aims to go public by the end of this year. Clio will issue redeemable convertible preference shares to be taken over by the investment company, and an official agreement for this pre-IPO investment will be signed […]
CONTINUE READING
Retail Asia01/04/2016
momo-2.png
E-Tailing

Vietnam payment platform wins PE funds

2min0
A Vietnam payment platform start-up has received a US$28 million shot in the arm from private equity investors. M_Service, which launched the mobile e-wallet MoMo, received the boost from Standard Chartered Private Equity (SCPE), which invested $25 million, and existing shareholder and strategic investor Goldman Sachs, which added $3 million to its initial $5.75 million investment […]
CONTINUE READING

Older Posts

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CONTACT US
CALL US ANYTIME
Most read
Retail updates

Stay up to date of the lates updates and retail news from Asia.






X