Goldman Sachs names ex-Dallas Fed chief as vice chairman
Goldman Sachs on Tuesday named former Dallas Federal Reserve Bank President Robert Kaplan as vice chairman. Mr. Kaplan’s new role at David Solomon’s Wall Street behemoth brings the influential former policymaker and Goldman alum to the executive board. Mr. Kaplan, 66, resigned as president of the Dallas Fed in September 2021, citing controversy related to […]
Goldman Sachs executive Stephanie Cohen resigns
Stephanie Cohen, Goldman Sachs’ global head of platform solutions, on Monday became the latest senior executive to leave the Wall Street giant after a 25-year tenure. Mr. Cohen joined the bank as an analyst in 1999, was given the prestigious rank of partner in 2014, and was most recently responsible for the bank’s consumer platform, […]
Goldman Sachs faces probe over futures trading fees: report
Wall Street investment bank Goldman Sachs is under investigation over the fees it charges on futures trading. Bloomberg News reported This was disclosed on Thursday, citing a person familiar with the matter. The Commodity Futures Trading Commission, the top U.S. financial regulator, privately approved subpoenas to Goldman seeking information about fees charged on some futures […]
Goldman Sachs CEO David Solomon warns of persistent inflation
Goldman Sachs CEO David Solomon says the U.S. economy is likely to avoid a deep recession, but that inflation will persist longer than market participants currently expect. He warned that there was a high possibility. “The chances of us coming out of this with a relatively soft landing have increased in a very meaningful way […]
Goldman Sachs CEO David Solomon pushes back against critics
Goldman Sachs Chief Executive David Solomon on Thursday responded to a series of critical comments in the press in recent weeks, calling it “unfunny” but focused on running a stable business. said that CNBC live interview. “I can’t recognize caricatures of myself. When I talk to my colleagues and customers, they don’t recognize it either,” […]
Goldman Sachs may exit credit card deal with Apple: report
Goldman Sachs is considering ending its partnership with Apple. The Wall Street Journal reported The announcement was made on Friday, citing a person familiar with the matter. iPhone makers and Goldman Sachs began rolling out virtual credit cards in 2019. The bank is in talks with American Express to take over Apple’s credit card and […]