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0.000171467764060323 0 0.000342935528120767 0.00128600823045272 0.00312928669410146 0.00415809327846364 0.00334362139917696 0.00634430727023315
Stock impact report

Goldman Sachs nears deal to sell its fintech app: WSJ [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
Goldman Sachs nears deal to sell its fintech app: WSJ | Reuters 1 Min Read (Reuters) - Goldman Sachs ( GS.N ) is in advanced talks with several financial companies to spin off ‘Simon’, its three-year-old app that sells financial products to retail investors, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. JPMorgan Chase ( JPM.N ), Barclays ( BARC.L ), HSBC Holdings ( HSBA.L ), Credit Suisse ( CSGN.S ), Wells Fargo ( WFC.N ) and insurer Prudential Financial ( PRU.N ) have expressed interest for a stake in the business, the report said. The deal, which would value the app at around $100 million, is likely to be finalised in the coming weeks. Goldman Sachs did not immediately respond to a request for comment. Reporting By Aparajita Saxena in Bengaluru; Editing by Arun Koyyur All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved. Goldman Sachs nears Show less Read more
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