Goldman Sachs to enter transaction banking business in Japan

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photosaid on Wednesday it is launching its transaction banking business for corporate clients in Japan, as the U.S. investment bank expands in the world's third-largest economy.

Goldman, which received its Japanese banking license in 2021, will provide clients with treasury services including deposits, cash management and cross-border payments into over 160 countries in more than 120 currencies, it said. The service will be based on its cloud platform that was first launched in the United States in 2020, and Japan will be the first country in Asia to start it, the bank said.

Canada Canada Latest News, Canada Canada Headlines

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

Goldman Sachs, Morgan Stanley, BNY Mellon and State Street top Jefferies list for Q1 bank earningsFour big banks offer less risk around net interest income and credit, Jefferies says as it awaits first-quarter earnings results.
Source: MarketWatch - 🏆 3. / 97 Read more »

Wall Street banks to reveal weak quarterly earnings, bleak outlook for 2023Earnings per share of the six largest US banks including JPMorgan Chase, Morgan Stanley, and Goldman Sachs are expected to decline by around 10% from the previous year.
Source: nypost - 🏆 91. / 67 Read more »

Here's Goldman's winning options strategy heading into earnings seasonGoldman Sachs recommends this proven stock options strategy as investors approach earnings season, with some of its top picks including Netflix and Starbucks. Yeah, Goldman giving winning option strategies to the common folks. Really. Boundaries Taylor
Source: CNBC - 🏆 12. / 72 Read more »