Goldman Sachs Lays Off 3,200 Employees and Cuts Salaries
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Goldman Sachs said on Jan. 17 it had laid off around 3,200 employees as part of a headcount reduction, per Reuters. The bank said its board had awarded Chief Executive David Solomon compensation of $25 million for his work in 2022, compared with $35…
The Fed is Currently Investigating Goldman Sachs
The U.S. Federal Reserve is probing whether Goldman Sachs Group Inc’s consumer business had appropriate safeguards in place as the bank ramped up lending, the Wall Street Journal reported on Friday, citing people familiar with the…
