Goldman Sachs

Article image
Bank of England may have to raise rates to 5% this summer, says Goldman Sachs
US investment bank believes inflationary pressures could force monetary policy committee’s hand

Richard Partington Economics correspondent

08, May, 2023 @7:00 AM

Article image
Average Wall Street bonuses plummeted in 2022 to $176,700
Bonuses now at pre-pandemic levels, after profits started to fall for firms as inflation rose and fears of recessions started to hit

Lauren Aratani

30, Mar, 2023 @3:29 PM

Article image
Goldman Sachs boss takes near 30% pay cut as turbulence hits bank
David Solomon’s pay was $25m for 2022, down from $35m in 2021, as investment bank’s profits fall 50% and 3,200 staff laid off

Kalyeena Makortoff Banking correspondent

27, Jan, 2023 @6:35 PM

Article image
Goldman Sachs to start cutting up to 3,200 jobs this week
Redundancies expected to be concentrated in investment banking division and consumer arm

Jasper Jolly

09, Jan, 2023 @9:26 AM

Article image
Goldman Sachs boss unveils plan to cut jobs amid global economy fears
CEO David Solomon said he will make cuts in January with reports claiming investment bank will axe about 4,000 posts

Jasper Jolly

29, Dec, 2022 @9:10 AM

Article image
China’s move to ease Covid travel restrictions lifts hopes for global economy
Analysts says lifting of many rules may soften impact of higher interest rates and unblock supply chains in 2023

Anna Isaac

27, Dec, 2022 @5:20 PM

Article image
Goldman Sachs bankers brace for hefty cut to bonuses
Bonus pool could be slashed by up to 40%, in possibly the lender’s largest cut to payouts since the financial crisis

Kalyeena Makortoff Banking correspondent

14, Dec, 2022 @7:29 PM

Article image
US banks named as being among least ethical UK operators
A new study scores the best and the worst accounts based on key issues such as climate and tax avoidance

Shane Hickey

12, Dec, 2022 @9:00 AM

Article image
Goldman Sachs expects worse UK recession in 2023
Bank tips economy to shrink 1% in downgraded forecast, but also predicts lower inflation and interest rates

Gwyn Topham and Phillip Inman

16, Oct, 2022 @11:01 PM

Article image
Energy prices could push UK inflation to 22%, a near post-war record
Goldman Sachs warns inflation could inflation peak above 22%, adding more pressure to households and businesses

Richard Partington Economics correspondent

30, Aug, 2022 @3:40 PM

Article image
Many US companies move to pay travel costs for employees seeking abortions
Tech firms and banks, including Bank of America, Goldman Sachs, Citigroup and JPMorgan Chase, add ‘critical healthcare’ package

Edward Helmore in New York

26, Jun, 2022 @8:28 PM

Article image
The Bank of England fears worker power, but most are taking a real-terms pay cut
Conditions have improved for a select few but on wages and flexible hours, the trend for employees is generally backwards. Can the rate-setters grasp that?

Phillip Inman

21, May, 2022 @4:00 PM

1 / 73 pages