Here's Why Bank of America, SoFi, and Goldman Sachs Are All Plunging
To name a few examples, megabank Bank of America ( BAC -6.34%) was down by 6% for the day. Investment banking leader Goldman ...
Goldman Sachs Stands Apart Again — This Time for Its Annual Layoff Ritual
The investment banking giant stands by its practice of regular staff cuts often called its 'annual cull,' trying to cut ...
Inside 'Project Voyage': Goldman Sachs' grand plan to thin its ranks, cut costs
Goldman Sachs CEO David Solomon has ordered staff to cut costs through layoffs and job transfers. See what "Project Voyage" ...
Goldman Sachs may cut more than 1,300 employees in annual review, source says
Goldman Sachs plans to trim its staffing by 3% to 5% in an annual performance review process this spring, said a source ...
Goldman Sachs names Dubner as COO global M&A-memo
Goldman Sachs named David Dubner as chief operating officer of global mergers and acquisitions, according to a memo seen by ...
Bank of America scraps diversity goals for hiring and interviewing candidates
Last year, the bank promoted 387 employees to managing director roles in 2024, more than half of whom were women and people ...
Parkland Taps Goldman, BofA for Review Amid Investor Push
Parkland Corp. plans to consider strategic options, including a potential sale, as the Canadian fuel retailer grapples with ...
Goldman, Citi, Bank of America lead stocks into the red in selloff
Goldman Sachs Group Inc.'s stock is weighing on the Dow Jones Industrial Average and Citigroup Inc.'s stock is one of the biggest decliners in the S&P 500 in Tuesday's market drop. Goldman Sachs was ...
Goldman Sachs poised to roll back DEI practices in annual report: sources
The issue was discussed by CEO David Solomon and the bank’s partners at their annual meeting in Miami earlier this month, ...