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Goldman Sachs CEO David Solomon Hangs Up His DJ Headphones As Media Attention 'Became A Distraction:' FT
Tuesday, October 17, 2023 - 4:51am | 582David Solomon, the Chief Executive Officer of Goldman Sachs (NYSE:GS), has reportedly chosen to step back from DJing at high-profile events. Solomon’s secondary career as a DJ had come under fire for allegedly diverting his attention from his primary role at Goldman Sachs. What Happened: The...
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Goldman Sachs CEO David Solomon's Unyielding Approach: A Recipe For Success Or A Path To Dissent?
Monday, August 14, 2023 - 12:12pm | 647Goldman Sachs Group Inc (NYSE: GS) Chief Executive Officer David Solomon has navigated a path filled with both triumphs and tribulations. His leadership style, marked by a blend of intensity and rigor, has led to a series of successes but also sparked internal dissent. Now, a provocative...
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Goldman Sachs 'CEO Whisperer' Steps Down After 30 Years: Here's What Is Going On
Tuesday, August 8, 2023 - 1:49pm | 428John Rogers, a Goldman Sachs Group Inc (NYSE: GS) executive dubbed the "CEO Whisperer," will step down after nearly 30 years at the Wall Street firm, according to a memo from the company. Rogers became the first chief of staff at Goldman Sachs and will relinquish his role to Russell...
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Goldman Sachs Stumbles In Q2 With Profits At Pandemic-Era Lows
Wednesday, July 19, 2023 - 2:33pm | 566Goldman Sachs Group Inc's (NYSE:GS) second-quarter earnings print issued Tuesday fell short of expectations, as it saw its worst quarterly profits since the early stages of the pandemic-induced recession back in 2020. By The Numbers: The bank issued earnings of $3.08 — down 60% year-over-year —...
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Goldman Sachs Star Trader Who Out-Earned CEO Solomon Quits Bank: Report
Tuesday, March 7, 2023 - 1:13am | 362Joe Montesano, Goldman Sachs Group Inc's (NYSE: GS) head of equity trading for the Americas, is reportedly leaving the banking behemoth after nearly two decades to take a break. What Happened: Montesano, 46, recently informed the company of his departure, Bloomberg reported...
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Goldman Sachs CEO Tells Partners He Erred By Not Trimming Jobs Earlier: FT
Sunday, February 12, 2023 - 10:53pm | 394Goldman Sachs Group Inc (NYSE:GS) CEO David Solomon reportedly told a private gathering of the bank's top executives he had erred by not trimming jobs earlier in 2022. Solomon said he was responsible for being slow in trimming headcount and cutting down on investments in new projects...
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Goldman CEO David Solomon Says Debt-Ceiling Crisis Should Be Taken Seriously: 'Consequence Of Getting It Wrong Will Be Real'
Thursday, January 19, 2023 - 11:02pm | 515Goldman Sachs Group Inc (NYSE: GS) Chief Executive David Solomon is concerned that a political stand-off over the U.S. debt ceiling may lead to a fiscal crisis. "This is something that we should take very seriously because the consequence of getting it wrong will be real," he told Reuters...
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Goldman Sachs Reportedly Plans To Cut Over 3,000 Jobs In Coming Week
Sunday, January 8, 2023 - 10:24pm | 261Goldman Sachs Group Inc. (NYSE: GS) is gearing up to eliminate about 3,200 positions this week, Bloomberg reported, citing a person with knowledge of the matter. The investment bank will reportedly zero in on its core trading and banking units for most of the job cuts. Goldman Sachs...
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Inside Goldman Sachs' $12 Million Hush Payment: Lewd Jokes, Gender Discrimination, And More
Tuesday, November 15, 2022 - 3:44pm | 596It’s October 2018, and Goldman Sachs Group Inc (NYSE: GS) just appointed David Solomon as CEO of the $130.8 billion company with $2.5 trillion of assets under management. Since then, Solomon accomplished a lot: He reorganized the firm and set out to improve diversity among its ranks, urging...
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You Can Have Lunch With Goldman Sachs CEO David Solomon: Here's How
Tuesday, November 8, 2022 - 11:27am | 417How much would you spend to have lunch with an asset manager who oversees $300 billion? Someone paid a record-breaking $19 million to do just that — and it was with Warren Buffett. Now, how much would you spend to have lunch with an asset manager who is in charge of $2.5 trillion?...
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Jeff Bezos Nods To Goldman CEO's Warning: 'Probabilities In This Economy Tell You To Batten Down Hatches'
Wednesday, October 19, 2022 - 9:07pm | 426Amazon.com, Inc (NASDAQ: AMZN) Chair Jeff Bezos is expecting stormy weather in the economy and wants to “batten down the hatches.” What Happened: Bezos, who founded the e-commerce behemoth way back in 1994, tweeted a CNBC interview with Goldman Sachs Group Inc (NYSE: GS) CEO David...
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Get Back To The Office! Wall Street Banks Setting Precedent For In-Person Work
Wednesday, August 31, 2022 - 9:48am | 485Recently, JPMorgan Chase & Co (NYSE: JPM) urged 40% of its personnel to work a few days a week and 50% to return to the office five days a week. To the chagrin of some workers, Business Insider reported, the world's leading investment bank is gathering information on employee activity...
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What Trend Does Goldman Sachs CEO David Solomon Believe You Should Be Watching?
Friday, July 22, 2022 - 8:36am | 401Goldman Sachs Group Inc. (NYSE: GS) CEO David Solomon says watching trends in corporate earnings is vital as the nation braces for a recession, according to Yahoo Finance. What To Watch: A volatile stock market is expected. "I do see a little bit more market volatility — but I...
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Finance Bros, Assemble! Goldman Sachs CEO David Solomon Will DJ At Lollapalooza
Tuesday, March 22, 2022 - 5:41pm | 565This year’s Lollapalooza will feature Metallica, Doja Cat, Machine Gun Kelly, J.Cole, Green Day and now, David Solomon. While he might not have the same name recognition in the realm of music festivals, Solomon does have a headline name for those in finance — he's the CEO of Goldman...
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Goldman Sachs Director Allegedly Leaves The Bank After Making Fortune From Dogecoin: Report
Tuesday, May 11, 2021 - 5:10pm | 314A Goldman Sachs (NYSE: GS) managing director reportedly left the job after making a significant amount of money with Dogecoin (CRYPTO: DOGE). What Happened: According to a recent eFinancialCareers report, Managing Director and Head of Emerging Market sales Aziz McMahon at ...