Recent events
Recent events tied to this brand in public sources.
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2019
Energy Monster Completes RMB 500 Million Series C Financing
Energy Monster announced the completion of an RMB 500 million Series C financing, led by SoftBank Ventures Asia, with BOC International and Goldman Sachs participating, and existing shareholders also increasing their investment.
2019
ZestMoney secures $15 million in Series B funding
ZestMoney announced that it secured $15 million through a Series B investment round led by Goldman Sachs, with participation from Naspers Fintech, Quona Capital and Omidyar Network.
2019
Police pension fund sues Goldman Sachs for records related to 1MDB
The Sergeants Benevolent Association Annuity Fund filed a complaint seeking to inspect Goldman Sachs corporate records and determine whether the firm violated duties in connection with the 1MDB fraud and money-laundering scheme. The allegations are made in the complaint; no court determination is reported.
2019
AccessFintech forms partnership with four banks
AccessFintech announced a partnership with Citi, Credit Suisse, Goldman Sachs and JP Morgan. The banks jointly launched a collaboration workflow using AccessFintech’s network, focused on settlements and supporting multiple asset classes.
2019
Deutsche Bank sells $50 billion in assets to Goldman Sachs
Deutsche Bank sold $50 billion in emerging-market-debt-related unwanted assets to Goldman Sachs as part of its restructuring, according to a person with knowledge of the matter.
2019
Automation Anywhere announces $290 million Series B funding
Automation Anywhere announced that it had received $290 million in Series B funding, led by Salesforce Ventures, at a post-money valuation of $6.8 billion.
2019
Goldman Sachs responds to Apple Card discrimination allegations
After allegations that men received higher Apple Card credit limits than their wives, Goldman Sachs said applicants are evaluated independently using income, creditworthiness, credit scores, debt, and other factors. The allegations are reported; the article does not establish that discrimination occurred.
2019
New York regulator announces investigation into Goldman Sachs’ credit card business
A spokesperson for the New York Department of Financial Services said the regulator would investigate Goldman Sachs’ credit card business to determine whether its credit-limit decisions violated state law, after David Heinemeier Hansson alleged that the Apple Card algorithm gave him a much higher credit limit than his wife despite her higher credit score.
2019
CitiXsys closes $60 million financing
CitiXsys announced that it had closed a $60 million financing transaction led by Goldman Sachs Merchant Banking Division.
2019
Goldman Sachs sued over 401(k) plan management
Goldman Sachs faced a lawsuit alleging that it breached its fiduciary duty by placing underperforming proprietary mutual funds in its 401(k) plan. The allegations are claims in the lawsuit, not findings described in the article.
2019
Goldman Sachs faces backlash over Helixmith outlook change
Goldman Sachs faced backlash from Helixmith and individual investors after changing its outlook on the Korean biopharmaceutical firm and sharply lowering its target price. Some investors suspected the change was aimed at facilitating short selling; the article presents this as suspicion, not an established finding.
2019
DBV Technologies prices $125 million global offering
DBV Technologies announced the pricing of a global offering of ordinary shares and American Depositary Shares expected to raise approximately $125 million before commissions and expenses. The offering included a U.S. and international ADS offering and a European private placement; closing was expected on October 11, 2019, subject to customary conditions.