Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.
When news of Solomon’s bonus was released, a lot of folks here just rolled their eyes,” one equities trader told The Post. “Of course, that is where our money went.”
NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.
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's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.
The boost, to $39 million for 2024, makes the CEO the best-paid among the top six U.S. banks. Goldman is also tying four executives’ pay, to a degree, to the banks’ efforts connected with private credit.
The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.
The 8.3% boost in compensation – after JPMorgan reported record profit – puts Dimon’s pay on par with that of Goldman Sachs CEO David Solomon.
Traders at JPMorgan Chase, for instance, have never had a better fourth ... according to Pick and Goldman CEO David Solomon. Morgan Stanley’s deal pipeline is “the strongest it’s been in 5 to 10 years, maybe even longer,” Pick said Thursday.
JPMorgan Chase said Thursday that long-serving CEO Jamie Dimon’s 2024 pay package climbed about 8.3% to $39 million after the bank posted a record profit amid a revival in dealmaking and fundraising activities. His compensation included a base salary of $1.5 million and $37.5 million in incentives.
JPMorgan Chase said on Thursday that long-serving CEO Jamie Dimon's 2024 pay package climbed about 8.3% to $39 million after the bank posted a record profit amid a revival in dealmaking and fundraising activities.
Not everyone is bullish looking ahead, however, with some — such as JPMorgan Chase CEO Jamie Dimon — suggesting markets could be overpriced. Here's what top business leaders, lawmakers and investors told CNBC. U.S. President Donald Trump has only been in office for a couple of days, but his impact on markets has already been significant.