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“#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…
“#Goldman Sachs names its smallest partner class in decades” Goldman Sachs just revealed its smallest partner class in decades as Chief Executive David Solomon further shrinks the megabank’s elite inner circle. The $2 trillion financial services giant said Tuesday will add just 60 partners to its biennial class, down from the 69 Goldman named two…
“# Not bad for 2020: Up 42% in Q4, Bitcoin price outperforms top bank stocks ” Historically, traditional market analysts and old school investors tend to look at Bitcoin and other cryptocurrencies with a wary eye, and when crypto pundits attempt to make comparisons between the two these investors say it’s an apples to oranges…
“# Former Google lawyer joins spate of high-profile attorneys entering crypto ” On Friday Coinbase Inc. announced the appointment of former Google Senior Legal Director Milana McCullagh as deputy general counsel for product and commercial legal. McCullagh, who worked for more than 13 years at Google, will work across functions at Coinbase on product legal…
“#Ex-Trump advisor Gary Cohn silent on Goldman’s 1MBD clawback efforts” It’s been a week since Goldman Sachs asked current and former top executives to cough up millions for their roles in the 1MDB Malaysian corruption scandal — and the silence from former Trump advisor Gary Cohn is deafening. Current and ex luminaries at the Wall…
“#Goldman Sachs covered up sexual misconduct of top lawyer: lawsuit” Goldman Sachs staged a sham investigation to cover up a top lawyer’s steamy office affair — and then pushed out an attorney who tried to blow the whistle, an explosive lawsuit claims. Former vice president Marla Crawford alleged in a Monday lawsuit that the Wall…
“#Goldman Sachs unit pleads guilty to US charges in 1MDB scandal” Goldman Sachs is shelling out nearly $3 billion to settle charges related to its role in a star-studded corruption scandal that has dogged the bank for years — and the resulting pain will spread to the C-Suite. The Wall Street giant reportedly will discipline…
“#Goldman Sachs to pay DOJ $2 billion for Malaysian corruption scheme” Goldman Sachs has reached a deal to pay the US Justice Department more than $2 billion for their role in a multi-billion dollar scheme in Malaysia, a report said Monday. The investment banking giant will avoid a criminal conviction in the deal, which will…
“#Goldman Sachs CEO to give bankers a half-day off to vote” Goldman Sachs chief David Solomon said Monday he will give staff a paid half-day off on Nov. 3 to vote in an election season marred by the coronavirus. “We recognize that the pandemic raises unique challenges for those who want to exercise this civic…
“#Goldman Sachs offers free COVID-19 testing as employees return to office” Goldman Sachs will introduce coronavirus testing and tracing for its downtown Manhattan headquarters as it moves to get staff back in the office after months of pandemic disruption. The $2 trillion megabank will offer saliva-based PCR tests and antibody tests at no cost to…