David Solomon

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Goldman Sachs chief executive David Solomon: “Given the strength of our client franchise, we are well positioned to benefit from a growing global economy”

Goldman Sachs Group reported a better-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equity tradin(...)

Former Manchester United manager Alex Ferguson: “It is unfair . . . to try and retain the authority you once possessed. You have to let go and let the new man and the new regime do what they think is best.” Photograph: Oli Scarf/AFP/Getty

Alex Ferguson, the former manager of Manchester United, once offered this universal truth about how to behave towards a successor: “It is unfair . . .(...)

Goldman plans to increase retail deposits by at least €8.8 billion a year over the next few years, according to a presentation it released alongside earnings on Monday. Photograph: Justin Lane/EPA

Goldman Sachs reported lower quarterly revenue in nearly all of its main businesses on Monday, but still beat subdued Wall Street expectations through(...)

Goldman Sachs chief executive David  Solomon at a hearing  on Capitol Hill in Washington. He is gambling on bank’s ability to do new things following decline in fixed-income trading. Photograph: Aaron P Bernstein/Reuters

In the aftermath of the financial crisis, as most trading houses licked their wounds and put safety before sales, Goldman Sachs chose a different path(...)

Colm Kelleher: will remain a senior adviser to Morgan Stanley

Irish man Colm Kelleher, the second-most-senior executive at Morgan Stanley, is retiring at the end of June, setting the scene for a lengthy contest b(...)

Women at financial firms in the UK earn on average about 28 per cent less than men do, according to nearly 100 companies in the financial sector that have reported so far this year.

Goldman Sachs pays women in the UK an average of 50.6 per cent less than male colleagues per hour, although this is an improvement on the 56 per cent (...)

A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange. The bank has become the latest Wall Street finance house to abandon its stuffy dress code in favour of a “flexible” approach. Photograph: Brendan McDermid/Reuters

Goldman Sachs has become the latest Wall Street bank to abandon its stuffy dress code in favour of a “flexible” approach likely to find favour with th(...)

Goldman Sachs warned it could cut jobs if the United Kingdom crashes out of the bloc without an agreement in two months’ time. Photograph: Stefan Rousseau/PA Wire

British lawmakers launched an inquiry on Friday to plot the best way forward for finance after Brexit as Goldman Sachs warned it could cut jobs if th(...)

Goldman said overall trading revenue rose 2%  in the three months ended December. Equities trading revenue jumped 17%  to $1.60bn, while bond trading revenue slid 18% to $822m. Photograph:  Reuters/Brendan McDermid

Goldman Sachs topped analysts’ revenue estimates on Wednesday as strength in its equities desk and M&A advisory cushioned losses from bond trading(...)

Tim Leissner claimed in court that concealing facts from Goldman’s compliance and legal staff to prevent them from blocking deals was “very much in line with its culture”. Photograph: Reuters

Goldman Sachs has faced many crises in its time but none more shocking than the case of Tim Leissner, its former senior partner in southeast Asia. Wal(...)

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