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Goldman Sachs’s incoming CEO David Solomon is considering changing up the bank’s most powerful committee
More changes are afoot as Goldman Sachs readies for a leadership handoff.
The firm’s current president and incoming CEO, David Solomon, is considering adding more women to the firm’s management committee, its most powerful group, according to people familiar with his thinking. As Solomon thinks about the future strategy of Goldman, he’s focused on gaining an array of perspectives at the top of the bank, the people said.
Comcast has dropped out of the bidding for Fox to focus on its battle for Sky
The battle between Disney and Comcast to win 21st Century Fox is over, Comcast CEO Brian Roberts announced in a statement Thursday.
“I’d like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected company,” Roberts said.
Instead, Comcast will focus solely on acquiring European broadcaster Sky, an asset it is again locked in a bidding war with Disney to win.
Some of bitcoin’s biggest traders are teaming up to lure Wall Street money to crypto
A group of bitcoin’s biggest traders have teamed up with a small crypto firm to build out two new pricing indices for bitcoin and ether.
TrueDigital, the digital currency trading firm led by Wall Street vet Sunil Hirani, the founder of interest rate swaps exchange trueEx, announced the two new reference rates on Thursday.
Those rates, which can serve as a basis for derivative products such as futures or an exchange-traded fund, take in data from market making firms.
Some of the firms that partnered with trueDigital on the project include Goldman Sachs-backed Circle and a number of Chicago proprietary trading shops, including DV Trading and Hehmeyer Trading.
In markets news
- ALBERT EDWARDS: Markets are ‘bathing in complacency’ and ignoring a massive threat ‘lurking just beneath the surface’
- The most costly mistakes investors of every size make, according to Bank of America’s $US2 trillion wealth-management chief
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