Goldman Sachs

Today’s News  Goldman Sachs is facing a significant change as Jim Esposito, a key figure in the company for almost three decades and co-head of its expansive global banking and markets division, has announced his departure. Esposito, instrumental in merging the investment-banking and trading teams during the 2022 reorganization, had ambitions of becoming president or […]

Today’s News Goldman Sachs is undergoing a strategic shift, redirecting its lending focus from Main Street consumers to wealthier clients, such as hedge funds and private equity. The bank is increasing loans to its private-wealth clients, individuals and families with an average of USD 60 million, aiming to diversify its revenue beyond dealmaking and trading.  […]

Today’s News Goldman Sachs intends to increase bonuses for its trading division despite a decline in revenues this year, as revealed by sources familiar with the matter. The bonus pool for traders is expected to see a slight climb from the previous year, with discussions on pay ongoing at Wall Street banks, although final decisions at […]