John Rogers, one of the Wall Street firm’s most influential executives, will hand over his chief of staff role to Russell Horwitz, a onetime deputy.
Category: Goldman Sachs Group Inc
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Goldman Sachs Reports Steep Fall in Profit, Highlighting Bank’s Woes
The investment bank reported a profit half as large as its rival Morgan Stanley, to say nothing of larger lenders.
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May Jobs Report May Yield Clues for Fed’s Next Rates Move
With the fight over the debt ceiling resolved, investors are turning to other concerns, including inflation and interest rates.
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A.I.’s Threat to Jobs Prompts Question of Who Protects Workers
Tens of millions of jobs could be automated by generative artificial intelligence. The makers of new technologies are looking to the government to step in.
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JPMorgan’s Succession Plans for Jamie Dimon May Weigh on Investors
Revelations about rivals’ plans may prompt the bank’s shareholders to ask about who will replace Jamie Dimon at an annual investor gathering on Monday.
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Goldman Sachs to Pay $215 Million to Settle Gender Bias Suit
The lawsuit accused the Wall Street bank of hindering women’s career advancement and paying them less than their male colleagues.
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Regulators Raise the Alarm on a Potential Market Risk
Turmoil in the banking sector could have a knock-on effect on clearinghouses, the intermediaries between buyers and sellers in financial markets.
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Goldman Says U.S. Is Investigating Its Work for Silicon Valley Bank
Hired to help with a capital raise, Goldman Sachs advised SVB to make a move that provoked a public panic and ended with the smaller bank collapsing.
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Markets Expect Fed to Raise Rates Despite Bank Turmoil
A ‘shock pause’ by the central bank would spook an already jittery market, one analyst said, even as shares in regional lenders fall.
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Not Just a D.J., Goldman C.E.O. Also Dabbles in Luxury Real Estate
David Solomon is an adviser to and part owner of a private real estate company that Goldman Sachs has sought to do business with.