Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from David Solomon

Stocks Edge Higher, Target Earnings, Occidental, Zoom, Goldman Investor Day - Five Things To Know

Stocks edge higher with bonds, inflation in focus; Target earnings up next as rivals caution on consumer spending power; Occidental slips lower as dividend, buybacks support earnings miss; Zoom surges on Q4 earnings beat, solid near-term outlook and Goldman Sachs investor day on deck as CEO Solomon seeks support.

The Street

Stacey Solomon admits she hasn't washed her hair in the two weeks since giving birth

Stacey Solomon has been sharing updates with fans since welcoming her daughter Belle earlier this month, including explaining why she hasn't yet washed her own hair since the birth

Daily Mirror

3 Must-Buy Nasdaq Stocks for 2023

Consumers showing resiliency in the face of rising inflation have helped the U.S. GDP to come in better than expected in the last quarter. Moreover, hopes of the economy avoiding a deep recession this year are rising. The Nasdaq Composite began this year on a positive note. Hence, fundamentally strong…

StockNews.com

From analysis to the latest developments in health,
read the most diverse news in one place.

Goldman Sachs CEO David Solomon tells partners he regrets not firing employees sooner after laying off 3,200 last month: FT

Solomon told partners layoffs and cost-cutting would've been less severe had he acted much sooner than “David’s Demolition Day."

Fortune

Goldman Sachs boss takes 30% pay cut to $25m amid turbulent year

David Solomon’s pay was $25m for 2022, down from $35m in 2021, as investment bank’s profits fall 50% and 3,200 staff laid off

The Guardian - UK

Goldman Sachs signals partial retreat from consumer banking

Goldman Sach spent eight years attempting to expand its business beyond corporations and the wealthy

The Independent UK

Feds Go After Goldman Sachs for Not Protecting Your Money

The Federal Reserve's investigation reportedly grew out of standard review of Goldman’s consumer business, which started in 2021, and intensified to an investigation last year.

The Street

Read news from The Economist, FT, and more,
with one subscription

Goldman Sachs profits hit by big drop in mergers

New York (AFP) - Goldman Sachs reported a steep decline in fourth-quarter earnings Tuesday, on much lower merger activity in results that missed analyst expectations and weighed on shares.

AFP

Goldman Sachs Stock Slides As Deal Fee Slump Pummels Q4 Earnings

"The foundation of all of our strategic efforts is our client franchise, which is second to none," said CEO David Solomon.

The Street

Goldman Sachs employees are back in the office—but not like they used to be

In-person work at Goldman Sachs still hasn’t bounced all the way back, and CEO David Solomon worries that the top investment bank could lose its culture—and its edge.

Fortune

Goldman Sachs is laying off as many as 3,200 employees this week

The prestigious investment bank is undertaking one of its biggest rounds of layoffs since the Global Financial Crisis.

WEKU

Goldman Sachs To Unveil 3,200 Job Cuts Ahead of Muted Q4 Earnings

A collapse in global deal-making, and a likely hit to its new fintech division will keep Goldman's Q4 earnings in check as it unveils sweeping job cuts.

The Street

Stocks Edge Higher, Inflation, Goldman Sachs, Macy's, Brazil Riots - Five Things To Know

Stock futures edge higher with inflation data in focus; Week Ahead: Powell speech, earnings, CPI on deck; Goldman Sachs to being job cuts later this week; Macy's shares slump as retailer cautions on holiday spending and Brazil President Lula vows to investigate capital riots.

The Street

Goldman Sachs to start cutting up to 3,200 jobs this week

Redundancies expected to be concentrated in investment banking division and consumer arm

The Guardian - UK

Get all your
news in one place.

100’s of premium titles.
One news app.

Fortune

Goldman Sachs to begin layoffs this week

The layoffs come on the heels of a major reorganization unveiled earlier this fall.

Fortune

No more free coffee and layoff warnings—Goldman Sachs workers experience a rude awakening

Goldman Sachs workers are on edge: David Solomon has warned of potential layoffs and has pulled back free coffee perks.

Fortune

Goldman Sachs economists keep doubling down on their call that we’ll avoid a recession. Their boss disagrees.

What a difference 30% makes. Goldman’s chief economist sees about a one-in-three chance of the economy shrinking, but CEO David Solomon sees it the other way.

Fortune

How top CEOs from Elon Musk to Tim Cook tackled the big return-to-office in 2022

Lizzo concerts and subsidized butlers have been among the perks offered in the push for a return to in-person working this year.

Get all your
news in one place.

100’s of premium titles.
One news app.

AFP

Goldman Sachs to cut up to 8% of staff: reports

New York (AFP) - Goldman Sachs could cut up to eight percent of its staff, or around 4,000 jobs, according to reports Friday, as the financial giant eyes sluggish global growth in 2023.

Fortune

Goldman Sachs weighs 40% cut on investment banker bonuses

As Wall Street goes from feast to famine, Goldman Sachs is reportedly weighing the largest cuts to banker bonuses since the 2008 financial crisis

Fortune

Goldman Sachs' seismic shakeup puts power players in key positions

Current and former Goldman insiders told Fortune how the organization chart has changed.

Fortune

Goldman Sachs and the return of ‘Blockchain not Bitcoin’

Goldman Sachs CEO says Wall Street knows best when it comes to blockchain innovations.

Fortune

Goldman Sachs CEO David Solomon is mulling staff cuts and has rolled out a massive reorganization. Here’s who is gaining power—and who is losing it

Goldman is slated to implement its latest reorganization later this month. That means major winners and losers inside the storied Wall Street firm’s ranks.

Fortune

Goldman Sachs CEO says clients are shifting away from supply chain resiliency to keeping headcount down, but 'I'm not hearing panic'

Big banks weigh in on inflation, a pending recession, and consumer spending.

Asharq Al-Awsat

Asian Equities, Oil Prices Dragged by Recession Fears

Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession. The drop followed another day deep in the red for New York's three main indexes after the heads of Wall Street's leading banks…

1 2 3 4 5

People

Luiz Inacio Lula da Silva

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.