Goldman Sach Cryptocurrency

in #bitcoin6 years ago

Goldman Sachs, famous for fixed income trading and deals, is currently making gains in debt capital markets. Have a propensity to want to discuss its fixed income unit that is stuttering. Another business at Goldman Sachs has silently doubled its revenue since 2010. Goldman Sachs debt underwriting business has generated revenue of $2.03 billion, this highest for this first 9 months of the year. In M&A, that meant emphasizing that a banker's job didn't begin and end with a M&A mandate. A lot of our bankers in 2002-2007 time frame would have thought their mission was to get M&A business, and if they missed the investment grade bond deal, they'd still feel like they had done their job, Waldron said.

Rather than having Goldman Sachs provide M&A advice and another bank write a check to fund the deal, the bank is now pushing an one stop shop. Bank of America also signed up to give $6.85 billion. Goldman Sachs has been known advising on acquisitions and often running sales processes. Since theyhave found sources of deposit funding, and're now a bank - and they risk analysts - it's sensible that they'd channel those attributes Moszkogoldman.jpg

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