Goldman Sachs to Claw Back Exec Bonuses and Cut Compensation
Goldman Sachs also agreed to pay more than $2.9 billion as part of a deferred prosecution agreement with the U.S. Department of Justice.
Goldman Crushes Estimates With $2.4B Profit
“Our strong [second-quarter] financial performance across our client franchises demonstrates the inherent benefits of our diversified business model."
Amazon, Goldman to Offer SMB Credit Lines
In a marriage of tech and Wall Street, sellers on Amazon will be eligible for credit lines of up to $1 million from Goldman Sachs' Marcus brand.
Goldman Profit Dives on Big Investment Losses
“We were on a good roll through January and February. Then came March," CFO Stephen Scherr says.
More Banks See Recession as Pandemic Unfolds
Goldman Sachs and Morgan Stanley see contraction followed by late-year rebounds.
Goldman’s Nod to Diversity Draws Some Criticism
Might the investment bank's new policy to avoid IPOs of companies without at least one diverse board member not be quite as good as it looks?
Goldman Q4 Profit Dives as Expenses Jump 42%
The bank set aside $1.1 billlion for legal costs and spent heavily on employee compensation and benefits.
Goldman Reorganizes to Highlight Retail Shift
The changes to Goldman's business segments showcase "how digitally focused and consumer focused the Wall Street titan has become."
Goldman Workers Feel Pinch of Digital Shift
The bank set aside 35% of its revenue for staff compensation and benefits so far this year, the lowest since at least 2009.
Goldman, Point72 Invest $42 Million in Mexican Fintech
Online lender Credijusto has originated $90 million in loans and equipment leases to small businesses across Mexico.
Campbell Soup Hires Chobani’s CFO
Mick Beekhuizen, the soup company's new finance chief, has an interesting professional history.