The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
Goldman Sachs CEO labels Bitcoin as a speculative asset, rejecting its threat to the US dollar's dominance amidst regulatory constraints.
Inside the careers, accomplishments, and clients of Goldman's new heads of investment banking: Kim Posnett, Matt McClure, and Anthony Gutman.
The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.
NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.
At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.
"There's some possibility" the credit-card partnership between Goldman Sachs (NYSE:GS) and Apple (NASDAQ:AAPL) will conclude before the contract's 2030 expiration date, Goldman CEO David Solomon said during his firm's (NYSE:GS) Q4 earnings call on Wednesday.
Goldman Sachs CEO David Solomon said Wednesday that he sees Bitcoin as a speculative asset rather than as a competitor to the U.S. dollar.
Goldman Sachs CEO David Solomon promoted a slew of top bankers on Tuesday to run the firm’s biggest business units, just days after the bank boss was awarded a pair of massive bonuses. The
Goldman expanded its management committee ranks and installed a number of senior leaders in top positions throughout its investment bank.
(Reuters) - Goldman Sachs is tapping several executives to lead its prized Wall Street businesses, it said on Tuesday, as part of a management reshuffle less than a week after reporting its biggest quarterly profit in more than three years.