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News

Goldman Sachs, BNY and Money Market

Reuters on MSN · 2d
Goldman, BNY team up to launch tokens tied to money market funds
Goldman Sachs and BNY have joined hands to launch digital tokens that mirror shares of money market funds, deepening Wall Street's push to bring blockchain technology into traditional finance. Investors can now buy and sell money market fund shares on BNY's LiquidityDirect platform,
Yahoo Finance · 1d
Goldman Sachs, BNY Bring $7 Trillion Money Market to Blockchain
For all the sci-fi promises about blockchain transforming finance, the reality will be more mundane as thousands of ordinary instruments quietly move to digital ledgers. On Wednesday, it was money market funds.
CNBC on MSN · 2d
Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens
Clients of BNY will be able to invest in money market funds whose ownership will be recorded on Goldman's blockchain platform.
10hon MSN

Goldman Sachs hungry for acquisitions — but not for the targets you think

For one, Goldman CEO David Solomon doesn’t like overpaying, which is exactly what he’d have to do at this point to get ...
Banking Dive
1d

Northern Trust CEO dismisses reports of takeover talks

Despite reports that BNY and Goldman had approached Northern Trust, CEO Mike O’Grady told analysts that independence will ...

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