SUBSCRIBERS
Goldman Sachs initiative to automate IPOs progressing apace
In just 21 months, the project has found ways to eliminate thousands of hours of work long performed by humans
Published Wed, Jun 14, 2017 · 09:50 PM
New York
A FEW years ago, Goldman Sachs Group Inc's leaders took a hard look at how the bank carries out initial public offerings. They mapped 127 steps in every deal, then set out to see how many could be done by computers instead of people.
The answer so far: about half.
Just 21 months after…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Battery firm LG Energy Solution Q1 profit plunges on weak EV sales
Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials
Cordlife customers push for legal action
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
Singapore shares retreat at Thursday’s open; STI down 1.1%
Malaysia weighs casino licence to revive Forest City