Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.
The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.
Expectations for a pro-business climate under the incoming Trump administration has lifted the spirits of major bank executives.
Finance 2025-01-21T20:49:29Z Wall Street banks are hiring summer interns ... Goldman Sachs CEO David Solomon's 2024 comp rose 26%. He stands to get $80 million in bonuses over the next five ...
Goldman Sachs and JPMorgan Chase kicked off bank earnings season with blowout results. Here's what it could mean for hiring across Wall Street.
The U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin.
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.
Goldman Sachs CEO David Solomon ... Goldman also reported that Solomon's compensation for 2024 rose by 26% to $39 million. CEO succession is in focus across Wall Street. From Jamie Dimon ...
Goldman Sachs awards $80 million retention RSUs to CEO David Solomon and COO John Waldron, emphasizing leadership stability, long-term value, and strategic priorities.
JPMorgan Chase said Thursday that long-serving CEO Jamie Dimon’s 2024 pay package climbed about 8.3% to $39 million after the bank posted a record profit amid a revival in dealmaking and fundraising activities. His compensation included a base salary of $1.5 million and $37.5 million in incentives.
Goldman Sachs is promoting a slate of star executives to run its biggest Wall Street business lines, spotlighting the firm’s next generation of leadership, Bloomberg reported. T