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- Finance
JPMorgan AM’s Kristian West: Differences between us and tech giants ‘less than you’d imagine’
JPMorgan Asset Management has for several years been placing greater emphasis on data science and analytics to give its portfolio…
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Goldman chief takes cut of private investment funds
David Solomon is getting a bigger slice of Goldman Sachs’s private equity profits. The Goldman Sachs chief executive and a tight…
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Bank of America joins Wall Street’s profit rout with 12% drop
Bank of America reported a 12% drop in first-quarter profit on 18 April, marking the end to an underwhelming earnings season…
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Morgan Stanley enlists bankers to mentor recruits from underprivileged backgrounds
Morgan Stanley has enlisted 300 of its mid-ranking bankers for a new programme that aims to increase the number of…
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Russia-Ukraine tensions are a test of crypto’s mainstream adoption
The geopolitical tremors caused by Russia invading Ukraine are a test of whether cryptoassets have become as normalised as other…
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Goldman Sachs boss David Solomon has pay doubled to $35m
After posting a record annual profit, US investment bank Goldman Sachs doubled David Solomon’s pay in 2021. Solomon, chief executive…
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Boutique FT Partners sets new bar with $140,000 starting salary for junior bankers
A boutique investment bank run by a former Goldman Sachs banker has just upped the ante on junior pay as…
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Goldman Sachs extends junior pay rises to trading, asset management and wealth management
Goldman Sachs has bumped junior salaries for some employees in its sales, trading, research and asset management units, as pay…
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Goldman Sachs promotes partner Hermann to board of European bank
Goldman Sachs has promoted a long-serving partner to the board of its European bank as the unit becomes more important…
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