David Solomon brushes off D.J.ing as a minor hobby that has little to do with his work at the bank, but his activities may pose potential conflicts of interest.
Category: Goldman Sachs Group Inc
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Goldman Sachs Cuts C.E.O. David Solomon’s Pay After Bank’s Poor Performance
David M. Solomon earned $25 million in 2022, still a hefty sum but 30 percent lower than a year earlier.
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Tesla Bulls Take Heart From Strong Profits
Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
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How the Corporate Cafeteria Is Changing
Even as the sprawling dining halls of old struggle with emptier workplaces, food is still important to employees, particularly the young. Many companies are reinventing the company meal.
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Goldman Sachs Earnings Fall Short of Expectations, Causing Alarm
The Wall Street giant reported that its profit fell by nearly 70 percent in its latest quarter, lagging results at its rival Morgan Stanley.
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Goldman Sachs’ Marcus Consumer Banking Move Turns Costly
Goldman Sachs will take a big hit from its ill-fated move into consumer banking, even as its other businesses weaken amid an economic slowdown.
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Disney Prepares for a Board Fight by Nelson Peltz
After months of talks, the activist investor Nelson Peltz is jockeying for a director position at the entertainment giant as he pushes for a series of changes.
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Big Job Cuts are Coming to Goldman Sachs
The firm’s chief executive, David Solomon, has given the task of determining which divisions will be affected to a chief lieutenant.
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Goldman Sachs Begins Large Round of Layoffs
The investment bank plans to cut up to 3,200 jobs, or roughly 6 percent of its work force, as it faces economic challenges and cuts costs after an expensive foray into consumer lending.
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SEC Fines Steve Easterbrook, McDonald’s Ex-CEO
The Securities and Exchange Commission fined Steve Easterbrook for lack of disclosure about the circumstances behind his firing in 2019.