[ad_1] The Turkish lira fell to 25.74 per dollar less than a day after the central bank raised interest rates for the first time since 2021. Although the rate hike decision had…
Category: Goldman Sachs
Record-Breaking Bitcoin Accumulation Amid Market Turmoil
[ad_1] BlackRock and Fidelity, two leading institutions, are showing aggressive bullishness on Bitcoin (BTC) despite the current market downturn. These institutions increased their exposure to Bitcoin indirectly by purchasing shares of MicroStrategy…
Goldman Sachs finds crypto interest has waned among ultra-rich
[ad_1] A recent Goldman Sachs survey of institutional family office investors has found that interest in crypto has faded significantly among the wealthy elite, due to the extreme volatility of the crypto…
Investors Flock to US Money Market Funds Amid Banking Crisis
[ad_1] As the global banking crisis continues to fuel concern among investors, the popularity of US money market funds is soaring. According to Emerging Portfolio Fund Research (EPFR) data obtained by the…
US Federal Reserve Increased Interest Rate by 0.25% despite Banking Crisis
[ad_1] Regardless of the current trend, the Federal Reserve will implement additional interest rate hikes to remedy the tensions that the average consumer is still feeling in the economy. The United States…
Goldman Sachs Reportedly Testing AI despite Recent Pushback in Banking Sector
[ad_1] Leading bank Goldman Sachs has implemented a ChatGPT-like AI product for developers to experiment with code development. Goldman Sachs (NYSE:GS) is reportedly using in-house artificial intelligence (AI) to help developers write…
White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week – Economics Bitcoin News
[ad_1] With the Federal Open Market Committee meeting on Wednesday and the recent financial problems facing the US banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has “confidence”…
First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower – Bitcoin News
[ad_1] After UBS acquired Credit Suisse and nearly a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic stock to junk status on…