goldman sachs
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Wall Street set to shower bankers with highest pay and bonuses since 2008 crisis
Top Wall Street banks are on course to pay their dealmakers more than at any point in at least a…
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All is not as it seems in the world of IPOs
But the headline data potentially masks a worrying trend; of the five most recent planned investment company IPOs, all but…
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Barclays’ dealmakers post record quarter amid M&A boom
Barclays dealmakers hauled in record fees during the third quarter as the UK lender followed Wall Street rivals with record…
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Goldman Sachs more than doubles first-year banker bonuses to £64,500 amid junior burnout crisis
Junior banker bonuses in London have surged by 60% this year as firms have moved to stem an exodus of…
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Goldman Sachs teams up with American Express to take on transaction banking rivals
Goldman Sachs has teamed up with American Express for a technology upgrade to its nascent transaction banking business, as the…
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Lawyers warn of legal risks as Goldman, JPMorgan relax Covid safety in offices
Lawyers warn that City firms that opt to scrap social distancing requirements in the workplace could face a surge in employment…
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Goldman tops bumper quarter for dealmakers with $1.6bn in M&A fees
Goldman Sachs capped a stellar third quarter for dealmakers by posting a 225% increase in M&A fees, and staved off…
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Blackstone, KKR fuel record $26bn in Wall Street fees as PE boom seen raging on
Bankrolling private equity is big business for Wall Street. The world’s biggest banks have pulled in a record $26bn in fees advising…
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Goldman Sachs COO says ‘decarbonising’ the world will cost $100tn
The transition to a cleaner economy to fight climate change will need $100trn in financing, the bulk of which will…
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Deep Dive: Commodities roller coaster shows no sign of slowing down
The topsy-turvy ride for commodities shows no signs of slowing down anytime soon. It started a few months ago, with…
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Goldman Sachs fee share hits 21-year high as banks smash records
Goldman Sachs is on course to bring its biggest share of the investment banking fee pool for 21 years, a…
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Citigroup taps Goldman’s Leyenaar-Huntingford to lead infrastructure banking
Citigroup has hired a Goldman Sachs dealmaker to head up its infrastructure investment banking team in London, as the US…
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Private equity firms hike junior pay by 50% amid banker burnout crisis
Pay for junior private equity professionals in Europe has swelled by 52% over the past two years, showing the growing…
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Bank of England’s Pill: ‘Inflation looks set to prove more long lasting than originally anticipated’
Bank of England Chief Economist Huw Pill, who started in the role last month, submitted written evidence to questions from members of…
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Alantra poaches five dealmakers as European hiring spree continues
Mid-market investment bank Alantra has poached five senior investment bankers for its European operation, the latest recruits in a hiring…
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Goldman, Fidelity-backed tech platform aims to make IPOs digital
A new technology platform backed by the biggest US banks and money managers is aiming to bring the IPO market…
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Five things in crypto this week: Binance, NFTs and the Walmart hoax
In another busy week for cryptocurrencies, Binance, dogecoin and non-fungible tokens took the spotlight. As regulators continue to clamp down…
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Is the future of blockchain Irish
The blockchain boom is well and truly here. Blockchain is no longer a technological concept but a real-life application that…
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Goldman Sachs names Denis Coleman new CFO as 30-year veteran Scherr retires
Goldman Sachs named the co-head of its global financing group as its new chief financial officer, as Stephen Scherr steps…
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Goldman acquires speciality lender GreenSky in $2.2bn deal
Goldman Sachs is buying speciality lender GreenSky Inc. for $2.2bn, striking a deal it hopes will further its reinvention from…
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Goldman Sachs’ dogecoin millionaire re-emerges at UK healthcare company
A Goldman Sachs managing director who quit the bank after reportedly making millions trading cryptocurrency has re-emerged in a new…
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JPMorgan’s 50,000 applicants show grads still love banking: ‘Damaging headlines have not put students off’
The world’s largest investment banks have seen a surge in applications from younger candidates, showing the enduring popularity of the…
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Goldman Sachs hikes analyst bonuses after juniors complain of brutal hours
Goldman Sachs bolstered bonuses for its analysts, following a salary hike in August, making this year a bumper one for junior…
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Goldman Sachs scraps free food and social distancing in UK office return push
Goldman Sachs is scrapping social distancing — and free food — for its London bankers as the Wall Street firm…
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Goldman poaches ex-McKinsey boss to bolster Asia business
Goldman Sachs has named Kevin Sneader to help run its operations in Asia, months after he was voted out as the leader of…
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Goldman’s Petershill unit plans $5bn alternative assets listing in London
Goldman Sachs’ Petershill alternative assets business is planning on listing a new investment vehicle for its assets in London that…
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10,000 Black Interns opens applications for 2022 internship programme
The 2022 programme aims to place more than 2,000 interns in paid roles at over 700 businesses across 24 sectors…
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Ex-Goldman Sachs banker Huw Pill takes up chief economist role at Bank of England
The Bank of England has appointed ex-Goldman Sachs banker Huw Pill as its new chief economist and executive director for…
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City investment banks push for September office return as Wall Street falters on Delta spike
The biggest investment banks in the City are preparing for a widespread return to the office from September, even as…
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Pictet Wealth Management appoints Robert Suss as UK CEO
Suss currently holds multiple roles, including independent non-executive director at Empati, director of UK Agricultural Finance and co-founder of Global…
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Nearly 1 Million U.S. Households Could Be Evicted This Year After Federal Moratorium Expires, Goldman Sachs Estimates
Topline Following the Supreme Court’s decision last week to strike down a national ban on evictions that’s been in place…
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Brace Yourselves For A Market Pullback. Another Market Metric Signals A Potential Top
A train departs a Wall Street subway station near the New York Stock Exchange (NYSE) in New York, … [+]…
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Proof of Covid-19 jab should be required for office return, say 43% of City staff
Nearly half of City workers believe that employees returning to the office should be forced to prove they have had…
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Goldman Sachs mandates vaccines for staff and visitors who want to enter its offices
Goldman Sachs Group will require employees and visitors entering its offices to be fully vaccinated against Covid-19 starting 7 September.…
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Fintech Ramp More Than Doubles Valuation To $3.9 Billion, Raising $300 Million To Take On AmEx In Massive Corporate Card Market
Ramp Cofounders Karim Atiyeh (left) and Eric Glyman (right) founded the corporate credit card startup just two years ago and…
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JPMorgan extends juniors’ pay rise to incoming MBA associates
JPMorgan has extended its pay bump for junior bankers for some on the next rung of the career ladder. The…
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Goldman-backed broadband firm nears deal with Mubadala Investment
An investment group that includes Abu Dhabi’s sovereign-wealth fund is close to acquiring a minority stake in CityFibre Infrastructure Holdings…
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Goldman Sachs strikes €1.6bn deal for NN Investment Partners
Goldman Sachs has struck a €1.6bn deal to acquire the asset management arm of Dutch insurer NN Group, marking the…
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Goldman Sachs extends junior pay rises to trading, asset management and wealth management
Goldman Sachs has bumped junior salaries for some employees in its sales, trading, research and asset management units, as pay…
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Goldman Sachs Asset Management to buy NN Investment Partners for €1.6bn
The transaction is expected to close by the end of the first quarter of 2022 subject to regulatory and other…
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Goldman Sachs promotes partner Hermann to board of European bank
Goldman Sachs has promoted a long-serving partner to the board of its European bank as the unit becomes more important…
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Societe Generale joins Wall Street pay battle with salary bump
Societe Generale has increased salaries for its junior bankers on Wall Street, as the battle for younger talent heats up…
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What junior bankers say about Wall Street upping salaries: ‘The lifestyle trade-off just isn’t worth it’
The banking sector is facing a junior staff crisis. Wall Street has seen a boom in M&A and surging workloads that…
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Why are Goldman 20-somethings on $110,000 a year complaining? Here’s what you need to know
It all started with a group of 13 young analysts at Goldman Sachs, who made public an informal survey on…
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HSBC hikes junior banker salaries to $100k as retention crisis grips finance
HSBC joined its rivals, becoming one of the last banks to increase analyst salaries as competition for junior investment bankers…
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Hunt for top bankers echoes 2007: ‘They’re hiring indiscriminately and at prices I don’t understand’
Ill-timed hiring restrictions in 2020 are coming back to bite banks during this year’s unprecedented deal boom — creating a fierce battle…
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Morgan Stanley hikes junior banker salaries to $100,000
Morgan Stanley has raised base salaries for entry-level bankers to $100,000, leaving Goldman Sachs as the last remaining Wall Street bank…
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Hire ‘poor, hungry kids’ instead of ‘entitled’ grads to solve banker talent crisis, Xavier Rolet says
Investment banks should hire “poor, hungry” graduates if they want to stave off a crisis among junior bankers, which are rebelling…
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These banks now pay 20-somethings starting salaries of $100,000 or more
The world’s largest investment banks have hiked junior banker pay to six figures over the course of the past month…
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Xavier Rolet on his 130-hour weeks at Goldman: ‘Not sure what today’s generation is complaining about’
How many hours do you really need to clock in investment banking? A group of first-year Goldman Sachs analysts, stretched…
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