Bank of America and Citigroup also received shareholder proposals from right-leaning groups challenging their business practices.
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.
Sheer size doesn't guarantee future growth, though. Indeed, the bigger the organization gets, the more difficult it can be to find new ways to tack on even more size. For any company to be the basis for a life-changing investment, it must be able to firmly outpace the mere rising tide of inflation and population growth.
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.
NEW YORK (Reuters) - Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a filing, and its board lined up an $80 million stock retention bonus that signals he will stay at the helm for another 5 years.
Fourth quarter results have been exceptional for US banks, led by Goldman Sachs whose earnings per share (EPS) exceeded expectations by more than 45 per cent.
Goldman Sachs (GS) and JPMorgan Chase (JPM) are being pushed by right-leaning activist groups to abandon or shrink their diversity, equity and
Goldman Sachs (GS) , the fifth largest bank in the U.S., has landed in a web of controversy that is currently reshaping corporate America. In 2020, a plethora of large companies vowed to commit to diversity,
O JPMorgan Chase e o Goldman Sachs resistem às pressões para reduzir suas iniciativas de diversidade.
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.
The chief executive officer of Deutsche Bank AG joined his counterparts at JPMorgan Chase & Co. and Goldman Sachs Group Inc. in challenging critics of DEI.
The bank is sourcing compute resources five to 10 years out, said Darrin Alves, CIO of infrastructure platforms.