The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.

Goldman Sachs is one of the biggest investment banker “book runners” for IPOs -- where banks are paid many millions of dollars for each listing they

The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.

Goldman Sachs CEO labels Bitcoin as a speculative asset, rejecting its threat to the US dollar's dominance amidst regulatory constraints.

At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.

Goldman Sachs CEO believes Bitcoin is a speculative asset that cannot rival the US dollar's dominance as the global reserve currency.

"There's some possibility" the credit-card partnership between Goldman Sachs (NYSE:GS) and Apple (NASDAQ:AAPL) will conclude before the contract's 2030 expiration date, Goldman CEO David Solomon said during his firm's (NYSE:GS) Q4 earnings call on Wednesday.

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Two years ago, Goldman Sachs Group Inc. Chief Executive David Solomon was on the ropes after he made the difficult decision to scale back the bank’s push into the consumer banking space in a ...

JPMorgan Chase said on Thursday that long-serving CEO Jamie Dimon's 2024 pay package climbed about 8.3% to $39 million after the bank posted a record profit amid a revival in dealmaking and fundraising activities.

The appointments are a push by Goldman’s CEO David Solomon to promote the next generation of leaders and retain top performers, in anticipation of a revival of M&A and capital markets activity at a time when banks are losing talent to private equity and private credit firms.