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...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....
...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...
...At the same stage a year earlier, 29 companies had proposed a new policy but only four had sought to make significant changes, fewer than one in seven....
...Michael Gove has insisted ground rents in England and Wales would eventually fall to nominal levels under his leasehold reforms as he accused Conservative opponents to the changes of acting like “rentier...
...The advisory firm set up by Lord Peter Mandelson, one of the architects of New Labour in the UK, has sold a 20 per cent stake to a US business run by a former Barack Obama aide in a first step towards a...
...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...
...This was a huge turnaround for Goldman, which has had a tough 12 months under chief executive David Solomon....
...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...
...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....
...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...
...“While the environment is constructive and markets expect a soft landing,” Solomon said, “the trajectory is still uncertain”....
...Michael W Hodin Chief Executive, Global Coalition on Aging New York, NY, US...
...The Polo Lounge in the Beverly Hills Hotel has been a Tinseltown fixture since its doors opened in 1941, so is an appropriate place for lunch with Michael Douglas....
...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....
...Michael Poynor London SW19, UK...
...Michael, what did he have to say about the pain his policies are causing? Michael StottSo Milei’s proud of being unconventional and his election owed a lot to his skill on social media....
...Solomon is expected to discuss concerns about the departures at a meeting this week with a number of Goldman’s remaining senior women....
...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”....
...Rishi Sunak will on Monday highlight nearly £30bn of long-term investment pledges by international companies at a major business event intended to showcase Britain’s appeal to global investors....
...He thought a main reason Edinburgh retained him was the possibility he would one day win a Nobel Prize....
...I have so many style icons: Gianni Agnelli, Michael Chow, Johnny Cash, Leonard Cohen, Keanu Reeves, Johnny Depp… but Agnelli came to my mind first. He was so elegant but so original....
...Solomon, 62, also stands to earn a special stock award if he remains at the bank until 2026....
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