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Shares of Goldman Sachs dropped Monday despite the Wall Street giant posting a blockbuster first-quarter profit, as investors zeroed in on weak spots beneath the headline numbers. The stock dropped roughly 2% intraday after initially plunging more than 4% at the open — even as the bank reported earnings and revenue that topped expectations. Investors […]
Goldman Sachs on Monday posted first-quarter results that topped expectations on record equities trading results and higher-than-expected investment banking revenue. Here’s what the company reported: Earnings: $17.55 per share vs. $16.49 LSEG estimate Revenue: $17.23 billion vs. $16.97 billion expected The bank said profit climbed 19% from the year-earlier quarter to $5.63 billion, or $17.55 […]
Goldman Sachs’ outgoing general counsel Kathryn Ruemmler was asked Tuesday to testify before the House Oversight Committee about her ties to Jeffrey Epstein, escalating a congressional probe into the late financier and sex offender’s elite network. House Oversight Committee Chairman James Comer (R-Ky.) wrote in a letter reviewed by The Post that the panel believes […]
It was an email about Jeffrey Epstein’s penis that ultimately ended Kathy Ruemmler’s run as Goldman Sachs’ top lawyer, people close to her tell the Post. Ruemmler, who dealt with Epstein through one of her legal clients, is mentioned thousands of times in the Epstein files. But that one crude remark by Epstein, and her […]
Goldman Sachs CEO David Solomon picked up an eye-popping $47 million compensation package in 2025, the Wall Street giant said on Friday, as the bank enjoys a rebound in its investment banking activity. The 63-year-old’s pay packet is up 21% from $38 million in 2024. He was paid $31 million in 2023. Solomon earned a […]
Goldman Sachs CEO David Solomon speaks during an interview at the Economic Club of Washington in Washington, D.C., U.S., Oct. 30, 2025. Kevin Lamarque | Reuters Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell Thursday. Here’s what Wall Street expects: Earnings: $11.67 per share, according to LSEG Revenue: $13.79 billion, according […]
Goldman Sachs has hired Robert Sobelman — a hotshot federal prosecutor who worked on the corruption case against outgoing mayor Eric Adams that was controversially scrapped by the Trump administration — as its new head of investigations, The Post has learned. Sources close to Sobelman, an alum of Colgate University and Brooklyn Law School, said […]
David Solomon, chief executive officer of Goldman Sachs. Bloomberg | Bloomberg | Getty Images Goldmans Sachs on Monday said it agreed to buy Innovator Capital Management, a provider of defined-outcome ETFs, for about $2 billion in its latest deal to bolster the firm’s asset management division. Goldman said the acquisition, expected to close in the […]
Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin Sullivan | Getty Images Kim Kardashian’s Skims brand has raised $225 million in new funding led by Goldman Sachs Alternatives, valuing the shapewear and apparel company at $5 billion — up from roughly $4 billion […]
David Solomon, chief executive officer of Goldman Sachs Group Inc., during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations” in New York, US, on Tuesday, Aug. 6, 2024. Jeenah Moon | Bloomberg | Getty Images Goldman Sachs has agreed to acquire Industry Ventures, a venture capital firm with $7 billion in […]
