Hints and tips:
...Blankfein; former head of Europe, Middle East and Africa, Michael Sherwood; and former vice-chairman Mike Evans....
...Those executives — including Mr Solomon’s predecessor, Lloyd Blankfein; the bank’s former head of Europe, Middle East and Africa, Michael Sherwood; and former vice-chairman Mike Evans — have agreed not to...
...Once considered a potential successor to ex-Goldman chief executive Lloyd Blankfein, Mr Sherwood quit the investment bank in 2016 to focus on personal investments and philanthropy....
...The settlement on Thursday came as Goldman said it would claw back up to $175m in pay and bonuses from current and former executives including David Solomon, the bank’s boss, and his predecessor Lloyd Blankfein...
...His predecessor, Lloyd Blankfein, was paid $24m for his last full year in charge, 2017....
...firm’s institutional failures”, the bank would also take the following actions: Retrieve $67m of bonuses paid to five unnamed former senior executives, whose descriptions match former chief executive Lloyd...
...Previously tipped as a successor to former chief executive Lloyd Blankfein — a job ultimately taken by his US rival David Solomon — towards the end of his tenure, Mr Sherwood became embroiled in the controversy...
...The value of Mr Sherwood’s award was not disclosed....
...Speculation about Mr Gnodde’s future at the firm has been rife since late 2016 when his Emea co-head Michael Sherwood stepped down....
...Other heavyweights such as John Weinberg, Michael Sherwood and Michael Evans have also left Goldman....
...Patrick Jenkins is the FT’s financial editor Photographs: Matthew Lloyd; Rolls Press/Popperfoto; Daniel Leal-Olivas...
...That’s Michael Sherwood for the unacquainted, the co-chief executive of Goldman’s international business who is “retiring” (age 51)....
...Often listed as one of the potential successors to Lloyd Blankfein for the top job at Goldman, Mr Sherwood joined the bank at the age of 20 and has overseen rapid growth in its European operations since...
...He landed a coveted partnership before his 30th birthday and he has even been known to out-earn his boss, Lloyd Blankfein: in 2013, the Briton received a $15.8m bonus while Mr Blankfein was awarded $13.6m...
...The bank’s main scorecard for the year — its return on equity — came in at 9.3 per cent: the second year in a row of single-digit returns, well short of the mid-teens target pursued by Lloyd Blankfein, chairman...
...The five executives picked out this week by Lloyd Blankfein, its chairman and chief executive, in his announcement of Goldman’s change of leadership are all men....
...While Mr Cohn ultimately tired of waiting to succeed Lloyd Blankfein as chief executive, he enjoyed more authority than any other second-in-command on Wall Street, taking charge of the bank’s balance sheet...
...(Bloomberg) In da club with Goldman brass City Insider reports on the retirement party for Michael “Woody” Sherwood, the co-chief of Goldman’s international business who is calling it a day at the ripe...
...As recently as 2013, the bank had four: Mr Sherwood, Mr Schwartz, Michael Evans and John Weinberg....
...Blessed or cursed with a big frame and a glowering mien, Mr Cohn can inspire fear in any Goldman Sachs underling, but can seem more awkward in groups than Goldman’s smoother chief executive Lloyd Blankfein...
...Mr Sherwood had been seen as a potential successor to Lloyd Blankfein at the top of the bank....
...The recent publicity recalls the aftermath of the 2008 crisis, which led in 2010 to Lloyd Blankfein, Goldman’s chief executive, setting a review of its general conduct....
...Goldman Sachs International, meanwhile, paid its co-head Michael Sherwood $21m last year, which was 45.5 times the $460,889 average pay of its 6,149 employees....
...Edward Lloyd’s coffee shop — the basis for today’s £30bn Lloyd’s of London market — started out as a venue for insuring ships and their cargoes....
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