Goldman Sachs (NYSE:GS) chief executive David Solomon was awarded an $80 million stock award to stay at the bank for another five years, it disclosed in a regulatory filing on Friday. John Waldron, Goldman's (GS),

Goldman Sachs gave Chief Executive David Solomon an $80 million bonus to stay for five more years, ending any lingering questions about his grasp on the Wall Street giant. Solomon had a bruising couple of years at Goldman that cast his longevity as CEO into doubt among many partners after taking over in 2018.

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

Goldman Sachs chief David Solomon has warned private companies to take “great caution” before deciding to go public, adding that the depth of capital in private markets has removed the need for many to list at all.

Goldman Sachs (GS) is locking in CEO David Solomon for at least another five years with a sweet stock deal — along with a big, annual pay increase.

Goldman Sachs boosted chief executive David Solomon’s pay by 26 per cent to $39mn and set up $80mn retention plans for him and president John Waldron in an effort to ensure the pair remain at the bank for the next several years.

Goldman Sachs is one of the biggest investment banker “book runners” for IPOs -- where banks are paid many millions of dollars for each listing they

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

Goldman Sachs' CEO David Solomon said AI can write 95 per cent of an IPO prospectus accurately, and people are now required for the last 5 per cent of the report.