Goldman to offer investments in digital assets for wealth management clients

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Goldman Sachs Group Inc plans to offer investments in bitcoin and other digital assets to its wealth management clients from the second quarter, ...

Goldman Sachs Group Inc plans to offer investments in bitcoin and other digital assets to its wealth management clients from the second quarter, the latest top-tier company to move into the cryptocurrency space.

Firms including Tesla Inc, BNY Mellon Corp and Square Inc have recently announced they are betting on bitcoin, as the wider adoption of the cryptocurrency for settling transactions and investments gathers pace.The move by Goldman, reported by CNBC earlier on Wednesday, comes days after a report that rival Morgan Stanley had started offering clients investments to the emerging asset class.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Goldman Sachs managers paid for hampers for staffTeam leaders at Goldman paid out of their own pockets for the one-off hampers to their over-worked staff.
Source: YahooSG - 🏆 3. / 71 Read more »

Goldman Sachs plans for staff return to London office: The GuardianGoldman Sachs Group Inc is preparing to have hundreds of staff return to its London office this week as companies eye a return to normal working ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Pandemic spurs companies to invest in power managementMore businesses are starting to recognize the importance of shifting to renewable sources of energy, according to the latest Eaton study. singaporebusinessreview energy renewableenergy power pandemic
Source: SBRMagazine - 🏆 13. / 51 Read more »

Brookfield, BlackRock no longer in race for over US$10 billion Aramco pipeline stake - sourcesU.S. asset manager BlackRock and Canada's Brookfield Asset Management Inc are no longer in the race to buy a stake in Saudi oil giant Aramco's ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Pest management sub-sector added to digital plan for environmental services industrySINGAPORE: Pest management firms are now able to tap on digital solutions under a plan that was previously open to cleaning and waste management ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »