Wall Street banks propel Dallas to No. 2 in number of finance workers
There’e big dollars flowing into Big D. Dallas has emerged as a new financial mecca, trailing only New York in number of finance workers as Wall Street firms seek out…
Where is the CEO outrage during the ongoing war between Israel and Palestine
I hate CEO virtue-signaling. It’s often so fake and it leads to perverse outcomes. Yet if there was ever a time to indulge in it, now would be the time…
Goldman Sachs fires executives for violating communications policy
Goldman Sachs fired several executives in its transaction banking unit after they violated the firm’s communications policy, according to a memo seen by Reuters on Wednesday. The company did not…
Goldman Sachs CEO David Solomon pushes back against critics
Goldman Sachs CEO David Solomon on Thursday responded to a string of critical comments in news reports in recent weeks, saying it was “not fun” but that he was focused…
Goldman Sachs’ unit sees high-level exits under Marc Nachmann
David Solomon isn’t the only sharp-elbowed boss at Goldman Sachs — and the Wall Street giant’s asset-management division has been shrinking its headcount as a result, sources told On The…
Embattled Goldman Sachs CEO David Solomon reportedly confronted by Lloyd Blankfein after losing $50M on bank’s stock slide
Embattled Goldman Sachs CEO David Solomon was confronted by Lloyd Blankfein over the bank’s dismal performance this year — which has cost him $50 million, according to a report. Blankfein,…
Don’t hold your breath on David Solomon being axed from Goldman Sachs
The notion that David Solomon is on the verge of getting fired from the top of Goldman Sachs, the prestigious investment bank, is certainly not a new one. Solly’s p.r.…
Ex-Goldman banker Brijesh Goel convicted of insider trading for passing potential merger tips to a friend
A former Goldman Sachs banker was convicted of insider trading by a New York jury on Wednesday, after prosecutors said he passed tips about potential mergers to a friend. At…
Apple users struggle to get funds out of Goldman-operated savings accounts
Apple launched a high-yield savings account with an APY of 4.15% in partnership with Goldman Sachs in April, but one month later some account holders are struggling to move their…
Goldman Sachs Fined $7.2 Million For Misreporting Capital Needs
Goldman Sachs “misclassified corporate exposures”. (Representational) Germany: The European Central Bank (ECB) has fined US financial giant Goldman Sachs 6.63 million euros ($7.2 million) for misreporting its capital needs, it…