Hints and tips:
...Two of Goldman Sachs’ top investment bankers have threatened to quit after being excluded from a new operating committee established under chief executive David Solomon, according to people familiar with...
...Goldman Sachs’ Jim Esposito, one of chief executive David Solomon’s top lieutenants, is leaving the Wall Street firm in a surprise departure....
...Division co-heads Ashok Varadhan and Dan Dees will now run the unit....
...Profits were such that Montesano was paid more than the $35mn handed to chief executive David Solomon in 2021, according to one person familiar with the matter....
...“The goal with this is to allow younger bankers to do more and more of the meaningful, and less and less of the menial,” said Dan Dees, co-head of investment banking at Goldman....
...“Now, unfortunately for David, the clock is beginning to tick,” the Goldman banker said. Additional reporting by Brooke Masters...
...The move is part of a sweeping reorganisation by chief executive David Solomon in an attempt to buttress the bank’s stock market valuation....
...In today’s newsletter: Goldman’s big reorg Kirkland’s troubles in China Cevian sheds its Vodafone stake David Solomon puts out a new sound When David Solomon took to the booth at Goldman Sachs four...
...The project, from Bruce David Klein, is a mostly sympathetic treatment of the financier’s seminal — if polarising — career....
...Esposito and Dees promised that younger staff would be generously rewarded to reflect the bank’s surging earnings....
...Meanwhile, investment banking co-heads James Esposito and Dan Dees discussed the issue on a series of divisional conference calls, promising that younger staff would be generously rewarded to reflect the...
...The daily tending of the relationship fell to Goldman partner Kim Posnett, global head of internet investment banking, as well as Dan Dees and David Ludwig....
...Mr Esposito will work alongside Dan Dees, who has been co-head of the investment banking unit since 2018....
...He will not be replaced, cutting the number of co-heads of investment banking to two: Gregg Lemkau and Dan Dees....
...Goldman Sachs is promoting technology banker Dan Dees to co-head its global investment banking unit, in the latest of a series of changes before David Solomon takes over as chief executive on October 1....
...“We have been long-term players in this industry,” said Dan Dees, co-head of Goldman’s investment banking division. “We have committed resource. We have kept our people here....
...Dan Dees, co-head of Goldman’s investment banking division, told DD’s Eric Platt and the FT’s Laura Noonan, Shannon Bond and Nicole Bullock, that the bank has been a long-term player in the industry....
...But David Solomon, his successor as chief executive, did....
...Dees, who joined Goldman in 1992, will continue to be based in San Francisco....
...Goldman executives will be hoping Mr Noto’s new role may help consolidate the bank’s relationship with Twitter as its newly reshuffled tech, media and telecoms banking team headed by Dan Dees competes with...
...He is being replaced by Dan Dees, co-head of investment banking in Asia....
...David takes us through the arguments for and agains....
...David Dale, head of wealth management at Dickinson Dees law firm says death in service benefits that NHS employees are entitled to through their pension scheme have been a hot topic in recent months....
...In the general election campaign, David Cameron cited the North East as a region where the state had become too big. One in three of its employees, 332,000 people, works in the public sector....
...In a memo to staff on Tuesday, Goldman said that David Ryan, a partner and head of the bank’s financing group for Asia excluding Japan, would relocate from Hong Kong to Singapore in January to be full-time...
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