Goldman Sachs to Open a Bitcoin Trading Operation

Goldman Sachs will begin using its own money to trade with clients in a variety of contracts linked to the price of Bitcoin SAN FRANCISCO — Most big banks have tried to stay far away from the scandal-tainted virtual currency Bitcoin.But Goldman Sachs, perhaps the most storied name in finance,...

Goldman Sachs Exec Leaves To Join Mike Novogratz’s Crypto Merchant Bank, Report Says

Cryptocurrency merchant bank Galaxy Digital, founded and run by former Wall Street exec Mike Novogratz, will reportedly be hiring Goldman Sachs executive Richard Kim as its new chief operating officer, Bloomberg reported yesterday, April 9. “Crypto capitalist” Anthony Pompliano posted on Twitter that the “brain drain from Wall Street continues.”...