David M. Solomon earned $25 million in 2022, still a hefty sum but 30 percent lower than a year earlier.
Category: Solomon, David M
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Goldman Sachs Cuts C.E.O. David Solomon’s Pay After Bank’s Poor Performance
The New York Times – Business: -
Goldman Sachs’ Marcus Consumer Banking Move Turns Costly
The New York Times – Business: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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Goldman Sachs Begins Large Round of Layoffs
The New York Times – Business: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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An Activist Investor Takes on BlackRock Over E.S.G.
The New York Times – Business:A hedge fund sees BlackRock’s embrace of E.S.G. principles as a distraction, and it wants the money-management giant’s C.E.O., Laurence Fink, to step down.
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Sparks Fly as Musk Moves Fast to Remake Twitter
The New York Times – Business:The social network’s new owner wants to cut costs and make money from more aspects of tweeting. But some advertisers and celebrities remain cautious.
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Sparks Fly as Musk Moves Fast to Remake Twitter
The New York Times – Business:The social network’s new owner wants to cut costs and make money from more aspects of tweeting. But some advertisers and celebrities remain cautious.
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Goldman Sachs Restructures Its Divisions, Elevating Tech Offerings as Profit Falls
The New York Times – Business:The bank will combine trading and investment banking into one unit; asset management, wealth management and consumer businesses into another; and its digital offerings in a third.