Anti-DEI activists target banks like Goldman Sachs, JPMorgan: report
Wall Street banks Goldman Sachs and JPMorgan Chase are the latest major companies to feel the heat of anti-DEI activists calling for the repeal or rollback of “woke” policies, according to the report. Two other large financial institutions, Bank of America and Citi, face charges of discriminating against customers based on their political and religious […]
Goldman Sachs taps next generation of leaders in Wall Street revamp
Goldman Sachs Chief Executive David Solomon on Tuesday promoted a number of top bankers to head the firm's biggest business units, days after the bank's top executives were awarded two huge bonuses. . The Wall Street giant announced 15 senior promotions as part of its efforts to foster the next generation of leadership at its […]
Wall Street banks JP Morgan, Goldman Sachs post fat profits amid dealmaking surge, Trump ‘bump’
Wall Street's biggest banks have seen eye-popping growth over the past year, as US financial giants rode the “Trump bump” amid optimism that the incoming administration would abolish bureaucracy to boost economic growth. Achieved full-year profit. Executives at some of the country's biggest lenders said the real estate mogul's landslide victory over Kamala Harris in […]
Morgan Stanley joins Goldman Sachs, Citi in exodus from climate alliance
Morgan Stanley decided on Thursday to leave the United Nations-backed climate change alliance, joining rivals Goldman Sachs and Citi in leaving the group amid a conservative backlash over its environmental and diversity efforts. announced. The Wall Street investment bank did not say why it decided to leave the Net-Zero Banking Alliance, a pledge to achieve […]
Goldman Sachs banker fired after having second child wins UK unfair dismissal case
A London employment tribunal has ruled that a Goldman Sachs banker who was fired by the Wall Street giant while on maternity leave was unfairly dismissed. John Reeves, Goldman's former vice president of compliance who is suing for $5 million in damages, said he was the victim of gender discrimination after being fired from the […]
Trump’s proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns
Barron's market reporter Jacob Sonnenschein discusses the impact of President-elect Trump's tariffs on the U.S. economy for Barney & Company. Goldman Sachs announced this week that it will impose a 25% tariff on all goods from Mexico and Canada, while President-elect Donald Trump's plan to increase tariffs on products from China will drive up costs […]
Goldman Sachs: Trump tax cuts, deregulation will boost growth; tariffs could be a drag
Consumer Technology Association CEO Gary Shapiro talks about how tariffs will affect laptop prices on The Claman Countdown. goldman sachs Last week, U.S. and global economic forecasts predicting the impact of President-elect Trump's victory on the economy in 2025 showed that tax cuts planned by the incoming administration would boost growth, but more aggressive tariffs […]
Goldman Sachs names dozens of bankers to ‘Wall Street’s most exclusive club’
Goldman Sachs named 95 new partners Thursday, adding dozens of bankers to Wall Street's most exclusive club. This is the highest number since former CEO Lloyd Blankfein promoted 115 financiers in 2006. Goldman's latest class of new partners includes 26 female bankers, the largest group to date since David Solomon became CEO in 2018. The […]
Goldman Sachs set to promote more than 80 new partners
Goldman Sachs is poised to facilitate its biggest new partner addition since Chief Executive David Solomon took over more than five years ago, as the financial giant embarks on a trading recovery. The Post reported. The bulge bracket bank has appointed a number of new partners, one of Wall Street's most exclusive clubs where members […]
Apple and Goldman Sachs ordered to pay $89M over Apple card failures
Barron's market reporter Jacob Sonnenschein reports that Apple and Google face billions of dollars in taxes and penalties after the European Union Supreme Court ruled against them in Barney & Co. I reacted to what I owed. The Consumer Financial Protection Bureau (CFPB) on Wednesday ordered Apple and Goldman Sachs to pay $89 million over […]