Coinbase hires former Goldman exec to head up policy, regulatory strategy

  • Coinbase (COIN) brings in Faryar Shirzad as chief policy officer, a Goldman Sachs veteran, to help the cryptocurrency exchange navigate the evolving global regulatory environment.
  • Shirzad most recently served as Goldman's global co-head of its Office of Government Affairs.
  • Before joining Goldman in 2006, he held several government roles, working at the National Security Council at the White House as deputy national security adviser for International Economic Affairs and as the U.S. G-8 Sherpa.
  • "At Coinbase, we see collaboration with policy makers around the world as necessary to unlock the full potential of the cryptoeconomy, but also as a competitive advantage for our business," the company said in its blog.
  • Earlier this month, Coinbase rival Apifiny added an Ernst & Young executive and a Microsoft veteran to its board ahead its move to go public.

    For this year Goldman Sachs 's (located in New York City) revenue will be around 49.86 billion USD. This is according to the average of the analysts' estimates. This is quite lower than 2020's revenue of 56.35 billion USD.

    Historical revenues and results Goldman Sachs plus estimates 2020

    fundamantele data

    The analysts expect for 2021 a net profit of 15.46 billion USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 44.28 USD. Based on this the price/earnings-ratio is 8.39.

    For this year most of the analysts expect a dividend of 5.47 USD per share. The dividend yield is then 1.47 percent. The average dividend yield of the banks equals an attractive2.91 percent.

    Based on the current number of outstanding shares Goldman Sachs 's market capitalization is 128.99 billion USD. The Goldman Sachs stock was the past 12 months quite unstable. Since last May the stock is even 89 percent higher. This year the stock price moved between 186 and 377 dollar.

    Historical stock prices Goldman Sachs2007-2021

    fundamental research goldmansachs

    At 15.44 the stock trades 0.12 percent lower at 371.37 USD.

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