The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.

Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.

Goldman Sachs is one of the biggest investment banker “book runners” for IPOs -- where banks are paid many millions of dollars for each listing they

Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.

Goldman Sachs CEO David Solomon got a 26% pay raise last year, taking his compensation to $39 million. That's according to a company filing that also showed he was granted an $80 million stock retention bonus,

At an event hosted by Cisco on Wednesday, Goldman Sachs CEO David Solomon indicated that the multi-year IPO drought should be coming to an end.

JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on Wednesday. Goldman Sachs said its profits soared to $14 billion in 2024, compared to $8.5 billion a year earlier.

NEW YORK (Reuters) - Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another 5 years.

Retention bonus and big pay raise quell any remaining questions about the CEO’s ability to stay in place

Q4 2024 Earnings Call Transcript January 15, 2025 The Goldman Sachs Group, Inc. beats earnings expectations. Reported EPS is $11.95, expectations were $8.03. Operator: Good morning. My name is Katie,

Goldman Sachs gave Chief Executive David Solomon an $80 million bonus to stay for five more years, ending any lingering questions about his grasp on the Wall Street giant. Solomon had a bruising couple of years at Goldman that cast his longevity as CEO into doubt among many partners after taking over in 2018.