Wall Street, Goldman Sachs
Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.
The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
Wall Street investment bank, whose stock price hit a record high this week, awards CEO Solomon a stock bonus set to vest in 2030.
Expectations for a pro-business climate under the incoming Trump administration has lifted the spirits of major bank executives.
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.
Goldman Sachs awards CEO Solomon and COO Waldron $80 million stock awards to retain senior leadership team and ensure stability for the next 5 years.
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.
Goldman Sachs and JPMorgan Chase kicked off bank earnings season with blowout results. Here's what it could mean for hiring across Wall Street.
Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.
Wall Street investment bank, whose stock price hit a record high this week, awards CEO Solomon a stock bonus set to vest in 2030 Two years ago, Goldman Sachs Group Inc. Chief Executive David ...
Goldman Sachs awards $80 million retention RSUs to CEO David Solomon and COO John Waldron, emphasizing leadership stability, long-term value, and strategic priorities.