(Bloomberg) -- Goldman Sachs Group Inc. is working on its first ever deals in a corner of the debt market that’s increasingly being touted as a way for struggling emerging markets to attract risk-averse private capital.Most Read from BloombergBond Yields Drop as Jobs Data Embolden Fed Wagers: Markets WrapHow Suspects Laundered Billions in Singapore for YearsMoody’s Cuts China Credit Outlook to Negative on Rising DebtHarvard Alumni Rebuke Its Israel Response With Mere $1 DonationsPutin Plans Visi
France's largest bank BNP Paribas said on Tuesday it had won a deal with Goldman Sachs, the largest trading member on the Vienna stock exchange by market share, to provide custody and settlement services for assets in Austria. "We are delighted to receive this mandate, which confirms our commitment to the Austrian market and the depth of our local expertise," said Bruno Campenon from BNP Paribas' Securities Services division. "We are also very pleased to strengthen our partnership with Goldman Sachs, who have been a historical client of BNP Paribas' Securities Services business for many years," he added.
In the most recent trading session, Goldman Sachs (GS) closed at $349.39, indicating a +0.28% shift from the previous trading day.