Bloomberg Goldman Sachs Group Inc. tapped former Harvard University president Drew Faust as a director, making her the third woman on an expanded 12-member board. Faust, 70, starts as an independent director this month after an 11-year tenure at Harvard, the New York-based bank said in a statement. She will be a part of the governance, public responsibilities and risk ...

Bloomberg The Reserve Bank of Australia (RBA) is among financial regulators globally seeking to ensure payment systems that handle retail transactions are more resilient and secure as fewer people carry cash, Assistant Governor Michele Bullock says. “The resilience of the electronic retail payment systems is becoming quite critical to the smooth functioning of economies,” Bullock, who overseas the financial system ...

Bloomberg SIX, the owner of Switzerland’s securities exchange in Zurich, is creating platform for trading digital assets, boosting a nascent industry that some countries are trying to suffocate. The new platform will offer a “fully integrated, end-to-end trading, settlement and custody service,” the world’s first to do so, the bourse said in a statement. The parent exchange, regulated by Finma ...