Goldman Sachs lines up a second tech float in Wise

Goldman Sachs, a key adviser on Deliveroo’s car crash market debut last week, is brushing aside a storm of protest and is already preparing to unleash its second giant tech listing this year.  Sources last night said Goldman Sachs and Morgan Stanley were on track to sell shares in financial technology giant Wise next month … Read more

Bankers Goldman Sachs and JP Morgan under fire as Deliveroo flops

Bankers under fire as Deliveroo flops: Goldman Sachs and JP Morgan ‘mispriced’ shares By Matt Oliver For The Daily Mail Published: 21:55 BST, 31 March 2021 | Updated: 21:55 BST, 31 March 2021 Red-faced bankers are facing questions about Deliveroo’s ‘car crash’ float after shares plunged by nearly a third.  Ahead of the listing, advisers … Read more

Goldman Sachs CEO says he’ll try to ensure bankers get Saturdays off

The CEO of Goldman Sachs has responded to complaints from junior bankers, saying management is going to work harder to give them Saturdays off after a group complained they were being forced to work 100 hours a week. CEO David Solomon made the promise on a voice memo to staffers on Sunday, days after a group of … Read more

First-year analysts at Goldman Sachs complain of ‘inhuman’ 100-hour work weeks

First-year analysts at Goldman Sachs earning $91k before bonuses complain they work ‘inhuman’ 100-hour weeks with regular 20-hour shifts, according to leaked presentation  A group of first-year analysts at Goldman Sachs compiled a Powerpoint presentation about their experiences in the workplace   The group complained of grueling hours and unrealistic deadlines The young analysts have now … Read more

Goldman Sachs analyst and lawyer brother face trial ‘for making £142,000 from insider trading’

Goldman Sachs analyst and his lawyer brother face trial over claim they made £142,000 from insider trading Mohamed Zina, 32, and Suhail Zina, 33, accused of making £142,000 in profit Prosecutors say money funded insider trading as Mohamed worked at Goldman Brothers charged with six offences of insider dealing and three counts of fraud  They are … Read more

Goldman Sachs CEO who raged about employees working from home used company private jet for getaways

The CEO of Goldman Sachs, who has raged that employees working from home in the pandemic is an ‘aberration’, took seven weekend holidays on the company’s private jet in as many weeks, according to a new report. CEO David Solomon’s trips over seven weekends in January and February were mostly to the Bahamas, including an … Read more

Goldman Sachs boss says working from home is an ‘aberration’

Goldman Sachs boss says working from home is NOT the ‘new normal’ and calls it an ‘aberration’ that he will ‘correct as soon as possible’ David Solomon, 59, insisted that working from home needs to be stopped soon The Goldman Sachs boss said that the measure did not suit his investment bank The advice is … Read more

Goldman Sachs boss says working from home is NOT the ‘new normal’

Goldman Sachs boss says working from home is NOT the ‘new normal’ and calls it an ‘aberration’ that he will ‘correct as soon as possible’ David Solomon, 59, insisted that working from home needs to be stopped soon The Goldman Sachs boss said that the measure did not suit his investment bank The advice is … Read more

Boss of Goldman Sachs calls working from home an ‘aberration’

Boss of banking giant Goldman Sachs calls working from home an ‘aberration’ and says he wants staff back in the office as quickly as possible Only around 10% of Goldman Sachs’ workforce went into the office last year Goldman Sachs joins likes of Barclays’ Jes Staley calling for end of ‘WFH’ Businesses urged to let … Read more