Goldman Sachs

A Hacker News post is discussing a retrospective look at the origin of Apple Card, the credit card Apple launched in partnership with Goldman Sachs, as seen fifteen years on from the events described. The article recounts the backstory of how the card came to be. Comments and post activity are limited, so the specific reactions of readers are not clear from the available evidence, but the piece has drawn notable engagement on the site.

The SEC has given the go-ahead to Goldman Sachs' proposed program that lets retail investors receive voting instructions on proxy matters through the bank. The approval clears the way for the initiative to move forward, giving ordinary shareholders a new channel for directing how their votes are cast on corporate governance issues.

Goldman Sachs is reported to be enjoying a sharp rise in fees from its hedge fund business, according to a Financial Times report on what it calls the bank's hedge fund fee bonanza. The item suggests the Wall Street bank is extracting strong revenues from hedge fund clients, though the full details behind the gains remain sparse in the available reporting.