There were surprises on-field and off — from Rihanna’s halftime performance to Disney’s controversial ad splash.
Category: Solomon, David M
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Carlyle Taps a Former Goldman Exec to Fill Leadership Void
The private equity giant has fallen behind rivals in fundraising in recent months, and its stock has underperformed the broader market.
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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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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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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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An Activist Investor Takes on BlackRock Over E.S.G.
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 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 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 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.