Tag:
Compensation Pool
Latest Headlines
Latest Headlines
Partner ranks thin at Goldman Sachs
Is the already tough job of Goldman Sachs partner getting even tougher?
It seems that way. The compensation pool is lower than it has been in several years and the shares are mired below book value. Lots of partners are no doubt stuck with underwater options, and they've also seen their person
Goldman Sachs earnings surprisingly weak
Live by the trade, die by the trade. So it goes for Goldman Sachs ( NYSE: GS ). The controversial Wall Street bank posted earnings of $2.39 billion, or $3.79 a share last quarter, down from $4.95 billion, or $8.20 a share, a year ago.
The 52 percent decline was a bit more than analysts expec
Wall Street back to partying ways, sort of
So, is the Wall Street party back on? The world seems to be a bit conflicted on this issue. A recent headline in the New York Times read "Wallets Out, Wall St. Dares to Indulge." It was full of anecdotes about how the good times are back--replete with over-the-top parties and increased act
Wall Street bonuses rise for some, fall for others
You can feel the emotion over Wall Street bonuses building, with many people convinced they will get more this year, while others just aren't sure, especially if they work at a premier bank.
The bottom line is that bonuses are going to be hit or miss this time around. The key factors, of
Bank employees vs. bank shareholders
Who is suffering more at premiere banks: employees or shareholders? Well, if an employee gets laid off anytime soon the answer obvious. But it's a little more subtle assuming the big layoff wave will not hit in the fourth quarter. According to Breakingviews , you've got to balance the rise or d
Goldman Sachs charity initiative coming
For help with its bonus conundrum, Goldman Sachs ( GS ) may be taking a cue from Bear Stearns. Recall that the firm was quite serious about charitable donations. Ace Greenberg and Jimmy Cayne required employees to give 4 percent of their paychecks to charity. They even checked IRS returns for co
Is Goldman Sachs partner still the epitome?
The announcement of Goldman Sachs "partner managing directors," who are named every two years, was delayed a bit this year. But this list is now out; 94 people have made the cut, bringing the total to about 443. Reuters notes that the number of new partners is down a bit from the 115 who were tapp
