When news of Solomon’s bonus was released, a lot of folks here just rolled their eyes,” one equities trader told The Post. “Of course, that is where our money went.”
The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
Goldman Sachs staffers are unhappy with their scanty bonuses, especially when compared to the 26% surge in CEO David Solomon's payday on his 63rd birthday.
Goldman Sachs has offered CEO David Solomon a lucrative compensation package to secure his leadership for the next five years.
Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.
The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.
Goldman Sachs GS1.41%increase; green up pointing triangle gave Chief Executive David Solomon an $80 million bonus to stay for five more years, ending any lingering questions about his grasp on the ...
Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.
Goldman Sachs is giving CEO David Solomon and President John Waldron retention bonuses worth $80 million each, the bank disclosed Friday. That’s on top of a 25.8% raise for Solomon that brings ...
Goldman Sachs (GS) is locking in CEO David Solomon for at least another five years with a sweet stock deal — along with a big, annual pay increase. The investment bank is offering Solomon ...
The chief executive officer of Deutsche Bank AG joined his counterparts at JPMorgan Chase & Co. and Goldman Sachs Group Inc. in challenging critics of DEI.Programs designed to promote diversity, equity and inclusion are an “integral” part of Deutsche Bank’s strategy,
SoftBank is in talks to inject up to $25 billion directly into OpenAI, positioning the Japanese tech conglomerate to become the ChatGPT maker's largest financial backer, according to initial reporting from the Financial Times on Wednesday evening.