Investing
Goldman Sachs to enter transaction banking business in Japan
© Reuters. FILE PHOTO: The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo
TOKYO (Reuters) – Goldman Sachs Group Inc (NYSE:) said 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.
Read the full article here
-
Investing7 days ago
Moldova breakaway region to face new power cuts on Saturday, officials say By Reuters
-
Investing7 days ago
Reebok Co-Founder Backs Syntilay’s New AI, 3D-Printed Shoe
-
Side Hustles7 days ago
How to Survive High-Demand Seasons Without Losing Customers
-
Side Hustles5 days ago
5 Things That Could Significantly Impact Your Company in 2025
-
Investing5 days ago
NFI Group surge after board reshaped with new appointments, chairperson By Investing.com
-
Side Hustles7 days ago
Shake It Up — Dunkin’ Debuts Star-Backed Winter Menu
-
Side Hustles6 days ago
How Failing 22 Times Paved the Way to My Success
-
Passive Income4 days ago
3 Challenges Entrepreneurs Will Face in 2025