Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.
Goldman Sachs chief David Solomon has warned private companies to take “great caution” before deciding to go public, adding that the depth of capital in private markets has removed the need for many to list at all.
Goldman Sachs (GS) is locking in CEO David Solomon for at least another five years with a sweet stock deal — along with a big, annual pay increase.
The Goldman Sachs Group, Inc.'s solid revenue growth, low expenses, and high profit margins make it a top choice for value stock investment. Click for my GS update.
Goldman Sachs Group Inc. otorgó a sus dos principales ejecutivos bonos de retención valorados en US$80 millones cada uno y lanzó un programa para dar a sus directivos una parte de los intereses devengados de los fondos de capital riesgo,
Keefe, Bruyette & Woods analyst David Konrad maintained an Outperform rating on Goldman Sachs and raised its price target to $690. The bank posted strong quarterly results, driven by a 33% year-over-year surge in trading revenue and growth in asset management.
Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking. Profit jumped 105% to $4.11 billion. That amounted to $11.95 per share, which was far better than the $8.
Goldman Sachs drove $14.28 billion of profit in 2024, up 68% from the year earlier, reflecting gains in investment banking and trading. Fourth-quarter per-share earnings of $11.95 handily topped analysts’ estimates of $8.
It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.
Samantha Dart, Goldman Sachs co-head of global commodities research, joins 'Squawk Box' to discuss the state of the energy sector, 2025 outlook, and more.
JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.