Hints and tips:
...It also includes tech banker Kim Posnett, private equity specialist Pete Lyon and Marshall Smith from the healthcare team....
...Solomon said he did not expect Basel Endgame proposals to ultimately be implemented “exactly the way they’re put forward”....
...Another growth area highlighted by Solomon was retail banking, which the bank has since decided to pare back....
...Mark Sorrell, the London-based co-head of mergers and acquisitions, and Gonzalo Garcia, co-head of European investment banking, would be the latest high profile departures under Solomon....
...What started as a colourful side hustle that softened Solomon’s public image became a lightning rod for criticism of him inside Goldman from bankers disgruntled over strategic mis-steps and lower pay. 3...
...Goldman Sachs: Will chief David Solomon’s big bet on the bank’s newly merged asset and wealth management unit help him close its valuation gap — and keep his job?...
...However, Goldman Sachs chief executive David Solomon warned this week that “over the next two to four quarters, the impact of that tightening will be more evident and will create slowdowns in some areas”...
...Goldman Sachs’s chief executive David Solomon has also argued that “these new capital rules have gone too far”....
...Goldman Sachs: As pressure continues to pile on chief executive David Solomon, Patrick Jenkins writes that an idea thrown out by the Wall Street rumour mill deserves consideration: co-CEOs....
...He joins from Herbert Smith Freehills. Birkenstein Capital, a new German special situations investor partnered with Davidson Kempner, will be led by Tobias Hoffmann-Becking....
...Medical technology company Smith & Nephew has chosen John Rogers to succeed Anne-Françoise Nesmes as chief financial officer. He previously held the same role at WPP....
...It’s a step-change for chief executive David Solomon, with the bank making a turnaround after it decided to pull back from consumer lending (remember Marcus?)....
...“Where we stand today it’s clear that we’re in the early stages of a reopening of the capital markets,” said Goldman chief David Solomon after the bank’s earnings were announced on Monday....
...The departures are the latest in a clutch of senior partners who have left the Wall Street bank this year, heaping the pressure on chief executive David Solomon as he struggles to overcome an expensive foray...
...While it is not uncommon for analysts to disagree, the debate over what Goldman, led by chief executive David Solomon, will report is more divided than usual....
...Goldman Sachs chief executive David Solomon told CNBC he was also seeing “green shoots” and that he would expect to see activity in the capital markets pick up at the turn of the year....
...Job moves Smith+Nephew has named former Serco chief Rupert Soames as its next chair, succeeding former WPP chair Roberto Quarta, whose tenure will end in April....
...Read the full story on the “strategic alternatives” Solomon is now exploring. 4. The Supreme Court’s conservative judges cast doubt on Joe Biden’s $400bn student loan relief programme....
...Eleanor Shanks has been appointed head of international private equity at Herbert Smith Freehills in London. She was previously a partner at Sidley Austin....
...The IMO typically makes decisions based on consensus among its members, but can also rely on a majority, said Tristan Smith, a shipping researcher at University College London....
...Jane Fraser, the chief executive of Citigroup, and her counterpart at Goldman Sachs, David Solomon, are expected to attend the meeting that is being brokered by the Financial Services Forum, an industry...
...Solomon is under pressure to reduce costs after net profit slid 44 per cent in the first nine months of 2022....
...Chief executive David Solomon, who yesterday celebrated his 61st birthday, admitted Goldman’s fourth-quarter performance had been “disappointing”....
...account of the tense 10-day period in which the alleged fraud against the Singapore-based group finally unravelled, based on court documents obtained by the FT’s Harry Dempsey and Leslie Hook and DD’s Rob Smith...
...Goldman CEO says he should have cut jobs earlier David Solomon told a private gathering of about 400 Goldman Sachs partners in Miami last week that he had erred by not cutting jobs earlier last year....
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