Goldman
Goldman Sachs is moving its annual headcount-cutting ritual from fall to spring this year.Reports suggested between 3% to 5% of Goldman’s employees could be at risk.The bank is eyeing its vice-president ranks for cuts, BI has learned.Goldman Sachs is moving its annual headcount-cutting ritual from fall to spring this year…
Goldman Sachs mentioned diversity just three times in this year’s report.It said its “aspriring hiring goals” will expire this year without saying if it would set new goals.The firm’s CEO, David Solomon, pointed to the political landscape under the Trump administration.Goldman Sachs tamped down the diversity language in its annual…
Nutrition startup Fay has raised $50 million in Series B funding.Goldman Growth Equity led the fundraise at a $500 million valuation.Fay is picking up steam by connecting patients with registered dietitians as Ozempic use surges.Nutrition startup Fay just grabbed a Series B fundraise led by Goldman Growth Equity.Fay, which connects…
Goldman Sachs announced three new heads of investment banking this week.Kim Posnett, Matt McClure, and Anthony Gutman were named co-heads of investment banking, a new role.Meet the future leaders of Goldman’s marquis business unit.Goldman Sachs announced a leadership reshuffle this week that created a new layer of management for its…
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs raised CEO David Solomon’s compensation by 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 five years. John Waldron,…
Investing.com — Goldman Sachs strategists expect “lacklustre upside” in 2025 for European stocks, projecting a modest 4% price increase and a 7% total return, down from 10% last year. The team’s outlook is based on a subdued macroeconomic forecast, anticipating a slowdown in GDP growth for 2025, which is likely…
By Manya Saini, Noor Zainab Hussain and Saeed Azhar (Reuters) – Goldman Sachs earned its biggest quarterly profit in more than three years, beating Wall Street expectations, as its investment bankers brought in more fees from deals and debt sales, while its traders benefited from a surge in market activity.…
Investing.com — The cybersecurity sector is poised for stable to improving fundamentals in 2025, given consistent demand for platform-based solutions, according to a Goldman Sachs. Companies like Fortinet Inc (NASDAQ:), CrowdStrike Holdings Inc (NASDAQ:), and Cloudflare Inc (NYSE:)saw substantial gains in 2024, with respective stock increases of 63%, 37%, and 31%.…
There are a handful of bullish forces headed for markets and the economy next year.Goldman Sachs said there are five factors providing a tailwind for the market next year. Those include stronger growth, more rate cuts, and lower inflation. Investors feeling nervous about markets and the economy have a number…
Investing.com — The S&P 500 declined by 2% this week following a more hawkish-than-expected FOMC meeting. The updated dot plot revealed a median projection of two interest rate cuts in 2025, falling short of the three cuts anticipated by consensus. According to Goldman Sachs, the decline in the S&P 500…
