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“#Goldman Sachs reportedly plans to move more than 100 bankers to Florida” Working from home is no longer an option at Goldman Sachs — but working from Florida might be another story. More than 100 key Goldman Sachs employees are reportedly poised to migrate from the firm’s New York headquarters to a new office in…
“#JPMorgan reportedly hiring more junior bankers to battle burnout” JPMorgan Chase is set to hire more junior bankers and support staff to tackle burnout as the largest US bank takes on record volumes of activity, a source with knowledge of the matter said Wednesday. The bank has hired about 90 junior bankers and support staff, and…
“#Goldman Sachs CEO doesn’t care if you hate him” Goldman Sachs CEO David Solomon says he feels your pain. Just don’t expect him to do much about it. That was the message the hard-driving CEO gave to 38,000 company employees as details leaked about the sweatshop-like work conditions at the white-shoe investment bank. On Sunday,…
“#‘I thought I heard it’ when aorta burst” Jamie Dimon says “I thought I heard it” when his aorta burst in March — leaving the JPMorgan Chase CEO on the brink of death as the US economy headed into the coronavirus recession. In his first interview since undergoing emergency heart surgery, Dimon dramatically re-enacted his…
“#Top dealmaker leaves Goldman Sachs to run Michael Dell’s investment firm” A top Goldman Sachs dealmaker is leaving the megabank after almost three decades to run Texas computer tycoon Michael Dell’s investment firm. In a move that shocked Wall Street insiders, Gregg Lemkau, Goldman’s co-head of global investment banking, is stepping down to become chief…