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GOLDMAN SACHS GROUP (GS)
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Goldman Sachs to set up cryptocurrency trading desk: Bloomberg

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12/21/2017 | 11:44pm CEST
FILE PHOTO: The logo of Goldman Sachs is displayed in their office located in Sydney, Australia

(Reuters) - Goldman Sachs Group Inc is setting up a trading desk to make markets in digital currencies like bitcoin, Bloomberg reported, citing people familiar with the matter.

The Wall Street bank aims to get the business running by the end of June, Bloomberg reported on Thursday. (https://bloom.bg/2BgDNFb)

"In response to client interest in digital currencies, we are exploring how best to serve them," Goldman spokesperson Michael DuVally told Reuters, declining to confirm or deny the news report.

(Reporting by Ahmed Farhatha in Bengaluru; Editing by Arun Koyyur)

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Financials ($)
Sales 2018 35 452 M
EBIT 2018 12 412 M
Net income 2018 8 995 M
Debt 2018 -
Yield 2018 1,41%
P/E ratio 2018 9,85
P/E ratio 2019 9,39
Capi. / Sales 2018 2,41x
Capi. / Sales 2019 2,37x
Capitalization 85 519 M
Chart GOLDMAN SACHS GROUP
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Goldman Sachs Group Technical Analysis Chart | GS | US38141G1040 | 4-Traders
Technical analysis trends GOLDMAN SACHS GROUP
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 268 $
Spread / Average Target 18%
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Managers
NameTitle
Lloyd Craig Blankfein Chairman & Chief Executive Officer
David Michael Solomon President & Chief Operating Officer
R. Martin Chavez Chief Financial Officer & Executive Vice President
James A. Johnson Independent Director
William W. George Independent Director
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