- New Goldman Sachs CEO wants more women on management committee
- Comcast drops out of race to acquire 21st Century Fox
- Two new indices announced for ether and bitcoin
More changes are coming at investment firm Goldman Sachs as it prepares for a leadership change.
The company’s current president, David Solomon, who will be the new CEO, is thinking of bringing more women in to the management committee, according to sources close to the executive.
As Solomon ponders Goldman Sachs’ future strategies, he is concentrating on gaining a wide selection of perspectives at the bank’s managerial level.
Meanwhile, Comcast has withdrawn from the bidding for 21st Century Fox, where it has been vying against Disney to nab the prized asset.
Yesterday, Comcast CEO Brian Roberts said in a statement: “I’d like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected company.”
Comcast will now shift its focus to buying the European network Sky, where it will again be involved in a bidding war with Disney.
Moving to Bitcoin, some of the firm’s largest forex traders are joining forces to attract Wall Street investors to cryptocurrencies. They have teamed up with a small cryptocurrency business to establish two new pricing indexes for ether and bitcoin.
True Digital, a digital currency trading company under the leadership of Sunil Hirani, a Wall Street veteran who founded the interest rate swaps exchange trueEX, announced the two new reference rates yesterday.
These rates, which can be used as a basis for an exchange-traded fund or for futures and other derivatives, take in data from market makers.
Some of True Digital’s partners include Hehmeyer Trading, DV Trading, and Circle, which is backed by Goldman Sachs.