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10 Monday AM Reads

Barry Ritholtz

Barron’s ) • Why It’s So Hard for China to Shake the ‘Uninvestable’ Tag : In 2021, Goldman Sachs said the word was starting to feature in a number of client conversations about the country’s stocks. Venture-capital investments are plunging, along with valuations of prepublic companies.

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LendingClub and Morgan Stanley, A Tale of Two Bank Deals

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The stories come with significantly different price tags: $185 million and $13 billion. That would be Goldman Sachs , of course. Goldman Sachs also seeks to double consumer deposits from a current $60 billion to $125 billion within five years. Call it a tale of two bank deals.

Banking 97
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MiB: Women in Finance

Barry Ritholtz

MiB: Women in Finance Dominique Mielle, Canyon Capital ( coming March 24, 2023) Maria Vassalou, Goldman Sachs Asset Management March 4, 2023 Jennifer Grancio, Engine No. economist at Morgan Stanley August 19, 2017 Dana Telsey of TAG Retail Group January 7, 2017 Bethany McLean on Enron and Wall Street’s PR Machine March 22, 2016 J.P.

Finance 61
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Analyst: Apple Card Acquisition Costs Estimated At $350 Per Cardholder

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The Apple Card looms, with a rollout that began last week through Goldman Sachs, and according to at least one analysis, the card might underwhelm consumers, lead to muted results (at least at the outset) for its tech and banking backers, and for Goldman, even lead to losses, depending on the economic climate. Maybe initially.

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JPMorgan’s Finn, Digital Banking App For Younger Clients, Is Finis

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Beyond that, the competitive landscape had been marked by Goldman Sachs and Ally Financial, among others, noted for offering higher interest rates on their accounts — a feature JPMorgan eschewed. billion tagged for this year and with significant focus on Chase mobile and digital efforts.

Banking 56
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Goldman Sachs Cuts Apple Estimates After Launch Of New Devices

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Goldman Sachs is not impressed with Apple’s new line of smartphones that were unveiled on Wednesday (Sept. According to a report in CNBC , citing a Goldman Sachs research report to clients, it now expects the fiscal 2019 full-year earnings per share to come in at $13.77, down from its past target of $14.53

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Circle, Backed By Goldman, Squares Up To Buy Poloniex  

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Circle , the payments firm that operates an app-based peer-to-peer payments network based on blockchain and which has financial backing from Goldman Sachs, said Monday (Feb. In reference to the price tag, in a Twitter post , Fortune staff writer Robert Hackett said Circle paid about $400 million for Poloniex.