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Goldman Sachs, money market funds and BNY

Yahoo Finance · 3d

Goldman Sachs, BNY Bring $7 Trillion Money Market to Blockchain

For all the sci-fi promises about blockchain transforming finance, the reality will be more mundane as thousands of ordinary instruments quietly move to digital ledgers. On Wednesday, it was money market funds.

Bloomberg · 4d

Goldman Sachs, BNY to Record Money Market Funds on Blockchain

Bank of New York Mellon Corp. and Goldman Sachs Group Inc. are collaborating to use blockchain technology to maintain an ownership record of money market funds.

NBC New York · 4d

Goldman Sachs and BNY join forces to transform $7.1 trillion money market industry with digital tokens

Clients of BNY will be able to invest in money market funds whose ownership will be recorded on Goldman’s blockchain platform.

2don MSN

Goldman Sachs hungry for acquisitions — but not for the targets you think

For one, Goldman CEO David Solomon doesn’t like overpaying, which is exactly what he’d have to do at this point to get ...

Northern Trust CEO dismisses reports of takeover talks

Despite reports that BNY and Goldman had approached Northern Trust, CEO Mike O’Grady told analysts that independence will ...

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