Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.

Brokerage LPL Financial has agreed to pay $18 million to resolve allegations that it failed to close or restrict thousands of high-risk accounts because of lax anti-money-laundering procedures. Write ...

The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.

Wall Street investment bank, whose stock price hit a record high this week, awards CEO Solomon a stock bonus set to vest in ...

It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.

The Wall Street veteran will also earn an $80 million retention bonus if he remains with the bank for another five years.

Goldman Sachs CEO David Solomon was awarded an $80 million stock bonus to stay at the helm for another five years, a stark turnaround for a leader whose survival was questioned after the firm's ...