Goldman Sachs exec reportedly quits job after making Dogecoin fortune
After working at Goldman Sachs for 14 years, a banker reportedly left the firm due to netting massive gains from his Dogecoin holdings. A senior manager at banking giant Goldman Sachs in London has reportedly left the company after making a fortune on a meme-based cryptocurrency, Dogecoin (DOGE).Aziz McMahon, a former managing director and head of emerging market sales at Goldman Sachs, had resigned from the investment bank, allegedly after netting major gains from his DOGE holdings, The Guardian reports Tuesday. Though reports did not specify exactly how much money McMahon made from his....
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A Goldman Sachs executive has reportedly resigned from the investment bank after he made a fortune investing in dogecoin. The meme cryptocurrency is touted by a growing number of celebrities, including the Dogefather Elon Musk and Mark Cuban. Goldman Sachs Executive Quits After Making Millions in Cryptocurrency Aziz McMahon, a managing director at Goldman Sachs in the U.K., has resigned from the investment bank. Goldman confirmed McMahon’s departure to Business Insider but did not provide a reason. However, Efinancialcareers reported that the executive’s departure followed him....
According to The Telegraph, a senior Goldman Sachs executive has quit the firm after making millions from Dogecoin. Aziz McMahon, the Head of Emerging Market Sales, resigned after 14 years with the investment bank. It’s reported McMahon has opened a hedge fund with his gains. But an exact figure on how much he made is […]
Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019.
Ether Could Reach $8K by Year-End, According to Goldman Sachs
Goldman Sachs has reportedly explained in a research note circulated by the bank’s managing director of Global Markets, Bernhard Rzymelka, that the price of ether (ETH) could hit $8,000 by year-end. The note details that cryptocurrencies have traded in line with inflation....
Investment bank Goldman Sachs has reportedly begun offering a bitcoin investment product to clients. The firm has opened up trading with non-deliverable forwards, a bitcoin derivatives product. To hedge against the cryptocurrency’s volatility, Goldman Sachs will trade bitcoin futures on CME Group. Goldman Sachs Begins Offering Bitcoin Product to Clients Investment bank Goldman Sachs “has opened up trading with non-deliverable forwards, a derivative tied to bitcoin’s price that pays out in cash,” Bloomberg reported Thursday. The firm is protecting itself from....
Goldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis. In addition, Goldman Sachs previously agreed to pay the Malaysian government billions of dollars to end a criminal probe. Goldman Sachs’ Billions of Dollars in Settlement Goldman Sachs Group Inc. has agreed to pay about $2.8 billion to the U.S. Department of Justice (DOJ) to settle a case involving a corrupt Malaysian government investment fund, the Wall Street Journal....