Goldman Sachs Gives Solomon $80 Million to Stay
Retention bonus and big pay raise quell any remaining questions about the CEO’s ability to stay in place ...
Wall Street banks had a great quarter, and the boom times are just starting
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to ...
AI is doing 95% of the work on an IPO prospectus, Goldman Sachs CEO says
The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.
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Wall Street CEOs Are Eagerly Awaiting Trump’s Pro-Business Policies
Expectations for a pro-business climate under the incoming Trump administration has lifted the spirits of major bank ...
Wall Street Could Get a Boost From $1 Trillion in Buybacks, Goldman Says
Goldman estimates that companies could spend some $1.07 trillion on buying back their own stock this year. On the other side ...
Goldman Sachs CEO says that AI can draft 95% of an IPO prospectus in minutes
It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.
Goldman’s David Solomon toasts 63rd birthday with $39M payday — a 26% bump from last year
The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from ...
JPMorgan Chase and Goldman Sachs Post Surging Profits
Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan ...
Wall Street banks JP Morgan, Goldman Sachs post fat profits amid Trump ‘bump’
JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on ...
Top Wall Street bank unleashes small business playbook for Trump admin to 'fuel economic opportunity'
Goldman Sachs unveiled a “Winning Strategies to Drive Economic Growth" playbook outlining the best ways that the upcoming ...