Wednesday, October 8, 2025
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO North America > Business > Goldman to purchase $1 billion worth of T. Rowe stock

Goldman to purchase $1 billion worth of T. Rowe stock

in Business, News
Goldman Sachs reports 22% jump in profits
Share on LinkedinShare on WhatsApp

Goldman Sachs and T. Rowe Price have announced a strategic partnership to offer a range of diversified public and private market solutions tailored for the specific needs of retirement and wealth investors.

As part of the agreement, Goldman Sachs plans to invest, through a series of open-market purchases, up to $1 billion in T. Rowe Price common stock with the intention of owning up to 3.5 percent.

David Solomon, Chairman and CEO of Goldman Sachs informed investors, “This investment and collaboration represent our conviction in a shared legacy of success delivering results for investors. With Goldman Sachs’ decades of leadership innovating across public and private markets and T. Rowe Price’s expertise in active investing, clients can invest confidently in the new opportunities for retirement savings and wealth creation.”

Rob Sharps, Chair, CEO and President of T. Rowe Price, said, “As a leader in retirement, we have a proven track record of using our expertise to drive solutions that help our clients confidently prepare for, save for, and live in retirement. We are excited to collaborate with Goldman Sachs—building on our broad capabilities across public and private markets to offer clients the ability to unlock the potential of private capital as part of their retirement and wealth management strategies.”

T. Rowe’s shares, which have fallen nearly 7% so far this year, increased around 6% in pre-market trading today.

The firms plan to launch the solutions in mid-2026.

By CEO NA Editorial Staff

Related Posts

Beijing calls tariffs “blackmail”
News

China tipped to grow by 4.8% despite tariff pressures

AMD and OpenAI announce strategic partnership
News

AMD and OpenAI announce strategic partnership

Verizon’s Profit Falls 23% as Price Increases Slow Growth
News

Verizon names Dan Schulman as new CEO

French stocks tumble as PM resigns after 27 days
News

French stocks tumble as PM resigns after 27 days

WestJet and mechanics reach deal to end disruptive strike
News

Tesla video sparks speculation of new mass market vehicle

Job Openings Fell in May as Demand for Workers Remains Strong
News

Jobs Report delayed due to government shutdown

Bezos comments on AI industry ‘bubble’
News

Bezos comments on AI industry ‘bubble’

Goldman Sachs reports 22% jump in profits
News

Goldman Sachs CEO forecasts acceleration in the U.S. economy

Elon Musk calls for resignation of FAA chief
News

Forbes reports Elon Musk as first person to hit $500 billion net worth

Trump joins top tech CEOs to announce giant AI infrastructure project
News

OpenAI Valuation reaches $500 Billion

No Result
View All Result

Recent Posts

  • Nicole A. Kivisto, President and CEO of MDU Resources, sits down with CEO North America Magazine to share the company’s CORE strategy
  • AMD and OpenAI announce strategic partnership
  • China tipped to grow by 4.8% despite tariff pressures
  • Trilogy Metals shares explode 200% following Trump announcement
  • Business Ethics in Finance: Lessons From the Wells Fargo Scandal

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.