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Goldman insiders are up in arms over David Solomon's plan to slash bonuses. They fear widescale departures and point to the CEO's failed foray into consumer banking.

Por: Business Insider Business December 23, 2022

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Goldman Sachs insiders are bracing for ugly defections if bonuses disappoint in January  — and some are laying the blame squarely at the feet of CEO David Solomon. Bonuses are expected to be bad across Wall Street, but Goldman's stand to be considerably worse. News site reported that Goldman's partner bonus pool could be halved. Its investment banking bonuses, meanwhile, could be down as much as 40% — steeper than 30% planned... + full article



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