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Goldman Sachs Boosts CEO Pay to $39 Million, Lines up Five More Years at Helm
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.
AI can draft 95% of IPO prospectus: Goldman Sachs CEO
In a bold claim, Goldman Sachs CEO David Solomon has said that artificial intelligence (AI) can draft an IPO (initial public offering) prospectus. According to Financial Times, Solomon said that AI can accurately compile 95% of such a document.
Goldman Sachs CEO says Apple card partnership may end before 2030
Goldman Sachs' credit-card partnership with Apple may end before its contract runs out in 2030, Goldman CEO David Solomon said on Wednesday.
Goldman Sachs CEO Says Contract With Apple May End Early
Goldman Sachs CEO David Solomon said that there's "some possibility" the company's Apple Card partnership with Apple could end
1h
on MSN
Two Wall Street bank CEOs remain cautious on the economy. Here’s why.
Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh ...
10h
on MSN
Goldman Sachs CEO David Solomon says AI can write 95% of an IPO prospectus, ‘last 5% now matters, rest is commodity’
Goldman Sachs' CEO David Solomon said AI can write 95 per cent of an IPO prospectus accurately, and people are now required ...
1d
on MSN
Goldman Sachs' David Solomon says credit-card pact with Apple may end before 2030
"There's some possibility" the credit-card partnership between Goldman Sachs (NYSE:GS) and Apple (NASDAQ:AAPL) will conclude ...
7h
on MSN
‘White collar jobs will go first and fast’: Investment banker's warning on AI taking over human jobs
Speaking at the Cisco AI Summit in Palo Alto, Goldman Sachs chief David Solomon had said that the bank is using AI to help ...
1d
on MSN
Goldman Sachs soars on Q4 earnings, CEO sounds caution on Trump tariff and immigration plans
Goldman’s profit roughly doubled in Q4 thanks in large part to surging revenues from deal-making, underwriting, and trading.
2d
Wall Street banks JP Morgan, Goldman Sachs post fat profits amid Trump ‘bump’
JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on ...
1d
Goldman Sachs CEO Solomon says IPO market is ‘going to pick up' along with dealmaking
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.
1d
on MSN
Here's What Big Bank CEOs Said About the US Economy Today
In comments today, bank execs were broadly bullish about the U.S. economy, touting a rosy outlook for M&A volume growth and ...
1d
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.
2d
Quantum Rise to Host AI Webinar With Leaders Shaping the Future of Media & Advertising
Quantum Rise hosts a webinar on January 22 featuring leaders from Viamedia, 50,000feet and more discussing AI's impact on ...
GlobeSt.com
1d
Goldman Sachs CEO Warns of Economic Fragility Amid Mixed 2025 Outlook
Goldman Sachs CEO David Solomon is both optimistic and cautious about the uncertain economic landscape of 2025 and beyond – a ...
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