Goldman Sachs, AI

AI is doing 95% of the work on an IPO prospectus, Goldman Sachs CEO says
The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.
Goldman Sachs CEO says that AI can draft 95% of an IPO prospectus in minutes
It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.
Goldman boosts CEO pay by 26% to $39 mn, lines up five more years at helm
The latest bonuses are an effort by Goldman's board to retain the CEO and COO as a senior leadership team, the company said in the filing
Goldman Sachs Gives Solomon $80 Million to Stay CEO Five More Years
Goldman Sachs gave Chief Executive David Solomon an $80 million bonus to stay for five more years, ending any lingering questions about his grasp on the Wall Street giant. Solomon had a bruising couple of years at Goldman that cast his longevity as CEO into doubt among many partners after taking over in 2018.
Goldman Raises CEO Solomon’s Pay, Adds Retention Award
Goldman Sachs announcing it is raising CEO David Solomon's pay from 31 million to 39 million. Interestingly, also and very notable, the compensation compensation committee approved with the board just yesterday.
Goldman Sachs hands CEO David Solomon $80mn retention award
Goldman Sachs boosted chief executive David Solomon’s pay by 26 per cent to $39mn and set up $80mn retention plans for him and president John Waldron in an effort to ensure the pair remain at the bank for the next several years.

David Solomon, Goldman Sachs

Goldman Sachs beats profit estimates as investment banking, trading fuel bumper quarter
Goldman Sachs posted its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers ...
Goldman Sachs Earnings: Profit Surges, Powered by Investment Banking
Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking.
Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers ...
Goldman Gives $80 Million Reason for Waldron to Wait for Top Job
At Goldman Sachs Group Inc., there was the “war for talent”. Now the firm’s fighting to keep one talent in particular: John ...
Goldman Sachs Q4 Earnings: Business Downtrends Reversed, Industry Leadership Clear
The Goldman Sachs Group, Inc.'s solid revenue growth, low expenses, and high profit margins make it a top choice for value ...
Goldman Sachs Stock Rises as Bank Exceeds Q4 Estimates
Goldman Sachs shares gained in premarket trading Wednesday after the bank reported better-than-expected fourth-quarter ...
Goldman Sachs: Strong Performance and Strategic Execution Justify Buy Rating with Target Price of USD 680
DBS analyst Ken Shih maintained a Buy rating on Goldman Sachs Group (GS – Research Report) today and set a price target of $680.00.Stay Ahead ...
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Goldman gives Solomon an $80M bonus and a 26% raise
The boost, to $39 million for 2024, makes the CEO the best-paid among the top six U.S. banks. Goldman is also tying four executives’ pay, to a degree, to the banks’ efforts connected with private ...
Wells Fargo, Goldman Sachs, and Citigroup Are All Soaring. Here's Why.
Goldman Sachs ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why ...