goldman sachs

Fugitive financier cuts $100M DOJ deal to forfeit paintings by Warhol, Monet

A fugitive Malaysian money man who once partied with Leonardo DiCaprio has struck a $100M deal to settle lawsuits accusing him of buying luxury art with embezzled funds.

The SEC has become another tool in Biden's arsenal as it becomes more and more woke

The verdict is pretty much in: Go Woke and you just might go broke — and the examples are endless.

Ex-Goldman Sachs exec named next Cleveland Fed president

Hammack’s appointment comes at a critical moment for the Fed and Chairman Jerome Powell.

Ex-Goldman Sachs VP rips bank's 'man's world' culture: 'I played golf, talked football, and cried in bathroom'

Lindsay MacMillan wrote that her grueling 7 a.m. to 10 p.m. daily schedule and long hours on weekends was dictated by "the male leadership."

Goldman CEO Solomon says Fed unlikely to cut rates this year: 'We're set up for stickier inflation'

His comments came after Fed policymakers said the central bank should wait several more months to ensure that inflation really is back on track to its 2% target before cutting interest rates.

Goldman Sachs CEO raises alarm on US debt: 'Ability to spend without constraint is not unlimited'

Solomon said that while it was anticipated that the government would spend during COVID lockdowns, "we're a long way out of that pandemic."

Columbia's anti-climactic end of the year: Letters to the Editor — May 11, 2024

NY Post readers discuss Columbia University canceling its commencement ceremony following campus protests.

Goldman Sachs names ex-Dallas Fed chief as vice chairman

Goldman Sachs appointed the former president of the Federal Reserve Bank of Dallas, Robert Kaplan, as its vice chairman on Tuesday. Kaplan's new role at the David Solomon-led Wall Street...

Donald Trump’s former top aide, Hope Hicks, engaged to Goldman Sachs boss

Sources tell us that the couple, who began seeing each other in summer 2019, got engaged months ago while on a hike in Italy.

Goldman Sachs riding wave of success in red state Utah as CEO David Solomon fights woke woe

To hear it from his handlers at Goldman Sachs, CEO David Solomon is having quite a moment these days.

Goldman Sachs shareholders reject pressure to split David Solomon's CEO, chair roles

At Goldman's annual shareholder meeting, the proposal by the conservative-leaning National Legal and Policy Center garnered 33% of shareholder votes, according to a preliminary tally, compared with 16% last year.

Goldman Sachs reports surprise profit surge thanks to strong trading, dealmaking

Goldman Sachs recorded a 28% surge in quarterly profits -- topping Wall Street's expectations thanks to surprising strength in the bank's trading and investment banking operations. The Wall Street giant...

Goldman Sachs loses another top exec

Goldman CEO David Solomon named Carey Halio as the investment bank's new treasurer -- replacing Philip Berlinski, who departs after 24 years at the Wall Street giant.

Goldman Sachs urged to vote against David Solomon's $31 million salary, separate CEO and chair roles

In the wake of the 2008 financial crisis, efforts to separate the chair and CEO roles became flashpoints at the annual meetings of Goldman Sachs and other Wall Street giants...

Junior bankers say they'll quit after bonuses fall — but top 0.1% celebrate soaring market and plunging private jet costs

Low-level bankers didn't get the 100% bonuses they expected but the biggest bosses are smiling: stocks and Bitcoin are up and jet charters are down.

Goldman Sachs banker once in line to be CEO becomes latest female executive to leave firm after 25-year career

Cohen will become Cloudflare's first chief strategy officer, the cloud connectivity company said.

Inflation may prove 'stickier' than expected, warns Goldman Sachs CEO David Soloman

While inflation has fallen considerably from a peak of 9.1% notched during June 2022, it remains above the Federal Reserve's 2% goal.

Goldman Sachs CEO throws cold water on Federal Reserve's 'soft landing' inflation expectations

“When I was on TV in Davos a month ago, the consensus was for seven interest rate cuts and I said, ‘Gee, I just don’t understand this,’” Solomon said.

More Americans taking Ozempic will boost the US economy: Goldman Sachs

More widespread use of powerful weight-loss drugs like Ozempic in the U.S. could boost the economy in the coming years, according to Goldman Sachs strategists. 

Bank CEOs celebrate pay raises while junior bankers face another year of stingy bonuses

Bank bosses enjoyed pay hikes in 2023, while rank-and-file workers were handed another year of stingy bonuses, according to this week's round of earnings. Nowhere was that more evident than...