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

Goldman Sachs (GS) is locking in CEO David Solomon for at least another five years with a sweet stock deal — along with a big, annual pay increase.

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

The Goldman Sachs Group, Inc.'s solid revenue growth, low expenses, and high profit margins make it a top choice for value stock investment. Click for my GS update.

Goldman Sachs Group Inc. otorgó a sus dos principales ejecutivos bonos de retención valorados en US$80 millones cada uno y lanzó un programa para dar a sus directivos una parte de los intereses devengados de los fondos de capital riesgo,

Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.

Goldman Sachs shares gained in premarket trading Wednesday after the bank reported better-than-expected fourth-quarter results.

Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking. Profit jumped 105% to $4.11 billion. That amounted to $11.95 per share, which was far better than the $8.

DBS analyst Ken Shih maintained a Buy rating on Goldman Sachs Group (GS – Research Report) today and set a price target of $680.00.Stay Ahead

Exceeding their Q4 top and bottom-line expectations on Wednesday, let's see if it's time to buy stock in these renowned investment firms.

Goldman Sachs' CEO David Solomon's 2024 comp rose 26%. He stands to get $80 million in bonuses over the next five years.