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“Goldman Sachs CEO says office attendance tops 50% during return-to-work push” Goldman Sachs boss David Solomon said more than half of the company’s staffers are working on site — even as the bank pursues a strict return-to-office campaign that has irritated many of its junior bankers. Solomon said on-site attendance at Goldman’s US offices is…
” Goldman Sachs offers first Bitcoin-backed loan as Wall Street embraces crypto “ Goldman Sachs has offered its first Bitcoin-backed loan, in a major step forward for institutional cryptocurrency adoption on Wall St. A spokeswoman from Goldman told Bloomberg that the multinational investment bank had lent cash collateralized by Bitcoin (BTC) owned by the borrower…
“Goldman Sachs to end free car rides for daily commuters” The goodies at Goldman Sachs keep going away. The Wall Street giant helmed by David Solomon is quietly pulling yet another pandemic perk: free daily car rides to and from the office, which the bank began handing out two years ago as COVID cases and…
“Goldman Sachs raises daily dinner allowance by $5 after complaints” Junior bankers at Goldman Sachs may finally be able to afford dinner at Chipotle. But, as of next week, there will be no such thing as a free lunch – or free breakfast at the office. The Wall Street behemoth has increased its daily dinner…
“$50M bonus to Goldman Sachs CEO and COO ‘excessive’” Goldman Sachs’ plan to pay a $30 million one-time bonus to Chief Executive David Solomon and a $20 million bonus to Chief Operating Officer John Waldron is “excessive,” proxy adviser Glass Lewis argued Friday. The shareholder advisory firm told Goldman shareholders they should vote against the…
“Ex-Goldman banker Roger Ng convicted in $4.5B 1MDB fraud case” Roger Ng, the only Goldman Sachs banker who was put on trial for the $4.5 billion embezzlement scheme that raided a Malaysian sovereign wealth fund, was convicted on Friday of violating federal anti-bribery and money laundering laws. Prosecutors say Roger Ng, Goldman’s former top investment…
“Closing arguments heard in ex-Goldman banker Roger Ng trial” A former Goldman Sachs banker should be convicted of helping loot billions of dollars from Malaysia’s 1MDB sovereign wealth fund and causing “immeasurable” harm, a US prosecutor told jurors in her closing argument on Monday. But a lawyer for the defendant Roger Ng, Goldman’s former top investment…
“Junior Goldman Sachs bankers threaten to quit over ‘5 days a week’ office rule” Junior bankers at Goldman Sachs are threatening to quit over demands that they show up to the office five days a week as the pandemic wanes — and some gripe that their bosses have been quietly checking attendance. As bonuses across…
” Crypto rallies to $2T market cap as institutions signal readiness to enter “ Bitcoin (BTC) and the broader cryptocurrency market rallied on Thursday, as the total value of digital assets crossed $2 trillion for the first time in over three weeks amid signs of a clear shift in market sentiment — headlined by Goldman…
“Wall Street bonuses hit all-time high as banker shortage rages” It’s official: 2021 was the most lucrative year ever for Wall Street financiers, according to data released Wednesday by New York State Comptroller Thomas P. DiNapoli. The average bonus last year for those working in the New York City securities industry was $257,500 — that’s…