Welcome to our dedicated page for Goldman Sachs Group news (Ticker: GS), a resource for investors and traders seeking the latest updates and insights on Goldman Sachs Group stock.
Goldman Sachs Group Inc. (GS) is a global financial services leader specializing in investment banking, asset management, and institutional trading. This page serves as a comprehensive resource for tracking the company's official announcements, strategic initiatives, and market-moving developments.
Investors and professionals will find curated updates on earnings reports, mergers and acquisitions, regulatory filings, and leadership changes. The content collection enables users to monitor GS's responses to market trends, compliance updates, and competitive positioning within global finance.
All press releases and third-party analyses are organized chronologically to simplify trend identification. The resource prioritizes factual reporting on capital allocation strategies, client partnership expansions, and innovation in financial technologies.
Bookmark this page for convenient access to Goldman Sachs' latest developments and check back regularly for real-time updates that matter to your financial decision-making.
Goldman Sachs BDC, Inc. (GSBD) reported its Q3 2021 financial results, showing a net investment income per share of $0.63. Excluding merger-related amortization, the adjusted net investment income per share was $0.48, yielding an annualized net investment income of 12.1%. The company declared a fourth quarter dividend of $0.45 per share, payable January 27, 2022. However, its net asset value decreased by 0.8% to $15.92. Total investment income rose to $96.7 million, while expenses increased to $32.0 million.
WhiteSpace Health announced an $18 million investment from its parent company, Omega Healthcare, supported by Goldman Sachs Asset Management and Everstone Capital. This funding aims to enhance its AI-driven Revenue Intelligence Platform and expand its sales operations. WhiteSpace has established itself as a leader in healthcare analytics, providing clients with significant revenue uplift through its solutions. CEO Gautam Char emphasized the platform's ability to convert diverse information into actionable insights, improving operational efficiency and revenue outcomes for clients.
Goldman Sachs Asset Management and Ascensus launched the Goldman Sachs Workplace Retirement Solution on Nov. 2, 2021, aimed at small and mid-sized businesses. This new integrated 401(k) and ERISA 403(b) retirement program provides businesses with access to asset management and retirement expertise. The collaboration offers a flexible and user-friendly platform designed to enhance employee retirement planning, addressing the needs of a sector that employs a significant portion of the U.S. workforce, yet often lacks quality retirement options.
Bloomberg and Goldman Sachs Asset Management have launched the Bloomberg Goldman Sachs Global Clean Energy Index, tracking over 175 global equities in the clean energy sector. Developed with insights from BloombergNEF, this index utilizes a data-driven approach to identify companies significantly involved in clean energy. The index will be rebalanced quarterly, allowing for adaptability and potentially lower volatility. Bloomberg clients can access it using the ticker BGSCET Index. This initiative aims to support climate-focused investing and address the urgent need for capital in the clean energy transition.
The Goldman Sachs Foundation is committing $1 million to Echoing Green to support Black women entrepreneurs and address urgent community issues. This partnership aims to create a cohort of Black women Fellows focused on housing, education, healthcare, and climate justice among other critical needs. This initiative supports Goldman Sachs’ broader goal of impacting the lives of one million Black women over the next decade, with $10 billion allocated for investments and $100 million in philanthropic support.
Goldman Sachs recognized Yossi Levi, CEO of Gettacar, as one of the 100 Most Intriguing Entrepreneurs at the Builders + Innovators Summit in California. The recognition highlights Levi's innovative approach to enhancing the car buying experience through a digital platform. Gettacar achieved a remarkable 186% year-over-year sales growth in 2020 and anticipates continued growth in 2021. The company's offerings include upfront pricing, real-time financing, home delivery, and a comprehensive 365-day warranty.
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