Goldman Sachs
Goldman Sachs
The Goldman Sachs Group Inc is a leading global investment banking firm whose activities are organized into investment banking (20% of net revenue), global markets (45%), asset management (20%), and consumer and wealth management (15%) segments. Approximately 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.
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The average annual cash bonus fell 2% to $176,500 in 2023, the lowest since 2019. The drop was far less dramatic than it was in 2022, when the average bonus slumped 25%.
March 19 -
Stephanie Cohen's exit adds to the dwindling ranks of senior women at the firm as Chief Executive Officer David Solomon has failed to make good on his pledge of correcting the lack of women in the firm's top ranks.
March 18 -
Truist has made about 20 hires including bankers, traders, and sales personnel from Wells Fargo, Hilltop Securities and T. Rowe Price, to build up its muni team.
March 1 -
His pay jump was greater than every other major U.S. bank CEO whose compensation has been disclosed.
February 16 -
The revamp would be the latest effort by CEO Bill Winters to improve Standard Chartered's returns. The bank's shares have languished under the 62-year-old CEO and currently trade about 40% below where they traded when he took the reins in 2015.
February 13 -
The Commodity Futures Trading Commission privately authorized sending subpoenas to Goldman for information about fees charged for some futures block trades, according to people familiar with the matter.
February 8 -
Jim Esposito, one of Goldman Sachs Group's most senior executives, is leaving after almost three decades with the firm.
January 29 -
Banks and Congressmen alike see U.S. regulators' version of Basel III as overly stringent for the securitization market.
January 24 -
Financial institutions, led by the biggest U.S. banks and regional lenders, have dominated high-grade issuance, making up over 60% of the $149 billion that has priced so far this month.
January 22 -
Greg Wilson of the Wall Street giant's Asset & Wealth Management unit wants to provide employees with tailored plans using a blend of technology and personal financial coaching.
January 22