Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.
The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
Wall Street investment bank, whose stock price hit a record high this week, awards CEO Solomon a stock bonus set to vest in 2030.
Expectations for a pro-business climate under the incoming Trump administration has lifted the spirits of major bank executives.
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.
Goldman Sachs and JPMorgan Chase kicked off bank earnings season with blowout results. Here's what it could mean for hiring across Wall Street.
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.
Retention bonus and big pay raise quell any remaining questions about the CEO’s ability to stay in place
Goldman Sachs awards $80 million retention RSUs to CEO David Solomon and COO John Waldron, emphasizing leadership stability, long-term value, and strategic priorities.
Goldman Sachs CEO David Solomon ... Goldman also reported that Solomon's compensation for 2024 rose by 26% to $39 million. CEO succession is in focus across Wall Street. From Jamie Dimon ...
Goldman Sachs is promoting a slate of star executives to run its biggest Wall Street business lines, spotlighting the firm’s next generation of leadership, Bloomberg reported. T