David Solomon

Goldman Sachs Group Inc (NYSE:GS) has granted retention-focused stock awards to its top executives, Chairman and CEO David Solomon and President and COO John Waldron, in a bid to ensure leadership stability and continuity. The $80 million restricted stock units (RSUs) for each executive reflect the...

Goldman Sachs Group Inc. (NYSE:GS) CEO David Solomon said on Tuesday that the investment banking giant might explore becoming a spot market maker for leading cryptocurrencies if more regulatory clarity is provided. What happened: At the Reuters NEXT event, Solomon stated that the firm's ability to...

Did one comment just send JPMorgan Chase & Co. (NYSE:JPM) shares to fall by 7.5%? It appears so. JPMorgan Chief Operating Officer Daniel Pinto tempered analyst forecasts on next year’s expenses and net interest income (NII) at an industry event Tuesday. The current NII consensus of $89.5...

Goldman Sachs Group Inc. (NYSE:GS) plans to double its lending to ultra-wealthy private bank clients by 2029. This initiative is part of the bank’s broader strategy to bolster its wealth management operations. What Happened: Goldman Sachs aims to expand its lending to clients with account...

Goldman Sachs Chief Executive Officer David Solomon has cautioned investors against placing too much trust in the Federal Reserve’s capacity to orchestrate a “soft landing” for the US economy amidst the ongoing battle against inflation. What Happened: Solomon, speaking at a UBS-...

The S&P 500 Index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), achieved historic all-time highs during the last session of the week, marking a significant milestone following more than two years since its previous peak. Major tech stocks led the broader U.S. stock market's rebound...

Goldman Sachs Group, Inc. (NYSE:GS) CEO David Solomon believes the market is being overly-optimistic about potential rate cuts in 2024. Solomon shared his more conservative Federal Reserve rate outlook Wednesday at the World Economic Forum in Davos, Switzerland.  What Happened: The market is...

Goldman Sachs Group Inc CEO David Solomon shared his optimism about the U.S. economy’s prospects for 2024. However, he also sounded a note of caution about the persistence of inflationary pressures. What Happened: In an interview with Reuters on Wednesday, Solomon expressed his belief that...

As the remote work debate continues, some wonder whether the push to return to offices is making a tangible impact in metropolitan areas. Placer.ai explored office recovery trends in Manhattan — New York City’s financial epicenter — and it provided some answers. Office Visits On The Rise:...

David Solomon, the Chief Executive Officer of Goldman Sachs (NYSE:GS), has reportedly chosen to step back from DJing at high-profile events. Solomon’s secondary career as a DJ had come under fire for allegedly diverting his attention from his primary role at Goldman Sachs. What Happened: The...

Goldman Sachs Group Inc (NYSE: GS) Chief Executive Officer David Solomon has navigated a path filled with both triumphs and tribulations. His leadership style, marked by a blend of intensity and rigor, has led to a series of successes but also sparked internal dissent. Now, a provocative...

John Rogers, a Goldman Sachs Group Inc (NYSE: GS) executive dubbed the "CEO Whisperer," will step down after nearly 30 years at the Wall Street firm, according to a memo from the company. Rogers became the first chief of staff at Goldman Sachs and will relinquish his role to Russell...

Goldman Sachs Group Inc's (NYSE:GS) second-quarter earnings print issued Tuesday fell short of expectations, as it saw its worst quarterly profits since the early stages of the pandemic-induced recession back in 2020. By The Numbers: The bank issued earnings of $3.08 — down 60% year-over-year —...

Joe Montesano, Goldman Sachs Group Inc's (NYSE: GS) head of equity trading for the Americas, is reportedly leaving the banking behemoth after nearly two decades to take a break. What Happened: Montesano, 46, recently informed the company of his departure, Bloomberg reported...

Goldman Sachs Group Inc (NYSE:GS) CEO David Solomon reportedly told a private gathering of the bank's top executives he had erred by not trimming jobs earlier in 2022. Solomon said he was responsible for being slow in trimming headcount and cutting down on investments in new projects...