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...Goldman Sachs is considering shrinking the bonus pool for its more than 3,000 investment bankers by at least 40 per cent this year, as chief executive David Solomon tries to control costs with deeper cuts...
...The EU is to unveil fresh sanctions on some of Vladimir Putin’s closest business associates....
...It comes from the fact that we’re really operating with nearly full employment,” Solomon said....
...Dalio warns regulators could ‘kill’ bitcoin Ray Dalio, the founder of Bridgewater Associates, said regulators would shut down bitcoin if the cryptocurrency became too successful and dismissed predictions...
...You can’t automate an M&A transaction,” Jason Goldberg, bank analyst at Barclays, said....
...(Bloomberg) News round-up Goldman slashes Solomon’s pay over 1MDB scandal (FT) EQT to buy Exeter Property Group in $1.9bn deal (FT) Chinese stocks fall as central bank adviser warns of asset bubble (...
...Mr Fuld, a former bond trader known to associates as “the gorilla”, was the embodiment of this culture....
...Peter Solomon, chairman of Peter J Solomon Co, a New York investment bank specialising in retail, said: “This was very smart of Apollo; they bought an option.”...
...Choosing the finalists and, ultimately, deciding which book should be declared the winner require the judges to exercise the wisdom of Solomon.” The judging panel for the 2005 Award is: Lloyd C....
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