NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.
Bank of America and Citigroup also received shareholder proposals from right-leaning groups challenging their business practices.
Inside the careers, accomplishments, and clients of Goldman's new heads of investment banking: Kim Posnett, Matt McClure, and Anthony Gutman.
Goldman Sachs takes a bold stance . Goldman Sachs is the latest company to stand firm on DEI, according to a new report from The Wall Street Journal. The bank, along with JPMorgan
Goldman Sachs (GS) and JPMorgan Chase (JPM) are being pushed by right-leaning activist groups to abandon or shrink their diversity, equity and
Goldman Sachs and UBS have emerged as the leading mergers and acquisitions (M&A) financial advisers in South America for 2024, in terms of deal value and volume, respectively, according to the latest league table from GlobalData, a data and analytics firm.
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.
Bank of America stock, for example, was down 2% after reporting a 116% spike in earnings. M&T Bank, US Bancorp, and PNC Financial were all down about the same, or more. Only Morgan Stanley stock was rising Thursday, but it is primarily an investment bank and asset manager, and less a consumer bank.
Goldman Sachs Group (GS – Research Report), the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Ebrahim
Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report fourth-quarter results on Thursday morning. Their competitors—JPMorgan Chase, Wells Fargo,
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.