Tag: David Solomon


Goldman’s general counsel gets a 75% raise over her predecessor

March 21, 2022

Via: Banking Dive

As it turns out, $7.5 million is a popular figure by which to bump executive compensation at Goldman. That’s the difference between Ruemmler’s 2020 and 2021 pay. And Waldron’s. And CEO David Solomon’s. The chief executive made $35 million in […]


Junior banker narrative centered on Goldman, but bank hasn’t bumped pay

July 8, 2021

Via: Banking Dive

In the days after a group of 13 junior analysts at Goldman Sachs presented to their managers a self-survey detailing “inhumane” 100-hour workweeks, deteriorating physical and mental health and a souring outlook for the future, CEO David Solomon sent a […]

Activity, Corporate Banking

Goldman Sachs names woman to run major division for the first time in years

September 29, 2020

Via: Market Watch

A woman will run a major division at Goldman Sachs Group Inc. for the first time in years as Chief Executive David Solomon continues to put his mark on the bank. Stephanie Cohen, who has been Goldman’s GS, -1.14% chief […]

Activity, Corporate Banking

Goldman Sachs beats estimates for first-quarter profit, but markets hurt revenue

April 15, 2019


Goldman Sachs shares declined after posting first-quarter revenue below analysts’ estimates on tougher market conditions for the firm’s trading and investing divisions. The bank said Monday that revenue dropped 13 percent to $8.81 billion, below analyst’s $8.9 billion estimate. Meanwhile, […]

Activity, Investment Banking

Goldman Sachs profit jumps 40%, blowing past Wall Street estimates, on strong private equity, investment banking results

July 17, 2018


Goldman Sachs said profit surged 40 percent to $2.57 billion, exceeding analysts’ estimates on better-than-expected revenue from investment banking, asset management and its merchant bank division. Earnings of $5.98 per share beat the $4.66 estimate of analysts surveyed by Thomson […]