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...“You didn’t help a single child learn that day how to read, write, or do math better,” he said. “You want a pat on the back for posting a black screen on your Instagram account? Give me a break....
...The unrest has punctured a period of relative calm for Solomon, who had come under fire earlier in his tenure over mis-steps on pay and strategy....
...Solomon’s interest in DJing — an unusual pastime for Wall Street — started more than a decade ago when he was working on a financing deal for a Las Vegas casino....
...Solomon said five years ago, Goldman was executing a strategy that was more “growth at all costs in China”....
...If they leave, they would be the latest high-profile departures under Solomon, chief executive since 2018, following a challenging year for the Wall Street firm when it exited a lossmaking push into consumer...
...Although Manele was foreign minister when the Solomon Islands switched diplomatic recognition away from Taiwan and struck a security deal with China, his election is seen as a significant moment in easing...
...“That is a positive thing for the Solomon Islands to make this transition....
...The Solomon Islands has been a focal point for those tensions in recent years, and the election could offer a referendum on incumbent Manasseh Sogavare’s efforts to pursue closer ties with Beijing....
...Solomon’s pay for 2023 was up 24 per cent and Goldman’s board said it had rewarded him for paring back a lossmaking push into retail banking, re-emphasising the group’s strategy around its core investment...
...But the board rewarded Solomon for paring back a lossmaking push into retail banking, re-emphasising Goldman’s strategy around its core investment banking and trading business and expanding in asset and...
...When the choreographer John Cranko died at the age of only 45, his colleague, rival and friend Kenneth MacMillan immortalised him with Requiem, one of his loveliest, most poignant works, which supplies the...
...The $31mn in pay for Solomon is made up of $2mn in base salary and a $29mn bonus, the bulk of which is paid in performance-based stock, according to a securities filing on Friday....
...A Spanish bank goes hostile It’s not every day you see a hostile banking deal....
...A huge increase in the workload of IRs, while the sellside is left jaded and “juniorised”....
...Goldman Sachs chief executive David Solomon is facing a new wave of unrest inside the Wall Street bank, threatening a fragile peace among its partners....
...Speaking at an industry conference organised by UBS on Tuesday, Solomon said “the world is set up for a soft landing”, but there was a “higher level uncertainty” due to remaining inflationary pressure in...
...The key players in Abbé Prévost’s 1731 novel Manon Lescaut are an ugly bunch, but Kenneth MacMillan’s ballet contextualises their many sins, creating flawed characters of surprising depth....
...“While the environment is constructive and markets expect a soft landing,” Solomon said, “the trajectory is still uncertain”....
...The float handed a windfall to the class of pre-IPO partners that not even Solomon, who joined the bank months after Goldman listed, can rival....
...King Lear Wyndham’s Theatre, London “You are old,” characters keep telling Kenneth Branagh’s King Lear — which feels a bit rough as, at 62, he makes for a pretty sprightly monarch....
...Solomon is expected to discuss concerns about the departures at a meeting this week with a number of Goldman’s remaining senior women....
...Solomon’s new strategy relies on the bank building up stable, fee-generating business while unwinding billions in proprietary investments to free up capacity to do more for clients....
...Switching to French, the narrative moves again to a dance between two wandering Jews, with Solomon singing a few lines of the Jewish prayer “Avinu Malkeinu”....
...The Solomon Islands votes to choose its next parliament. India’s markets are closed for Rama Navami, a Hindu festival that celebrates the birth of Rama....
...Solomon, 62, also stands to earn a special stock award if he remains at the bank until 2026....
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