IBTimes Australia : Lloyd Blankfein Topic

Glass Lewis: Goldman shareholders should vote no on compensation

Tue, 14 May 2013 09:21:02 +1000

Goldman Sachs Group Inc shareholders should vote against the Wall Street bank's executive compensation proposal because the board has "failed to link pay with performance," proxy advisory firm Glass Lewis said in a report on Monday.

Exclusive: Goldman's special situations group names new global head

Thu, 02 May 2013 05:21:02 +1000

Goldman Sachs Group Inc has named Julian Salisbury to become head of its Global Special Situations Group, as current head Jason Brown retires, according to memos sent on Wednesday that were obtained by Reuters.

Activision CEO Kotick among top-paid CEOs in U.S.

Sat, 27 Apr 2013 10:00:04 +1000

Videogame publisher Activision Blizzard Inc's Chief Executive Robert Kotick received a total compensation of $64.9 million last year, making him one of the top paid CEOs in the United States.

Goldman earnings top estimates on gains from own investments

Tue, 16 Apr 2013 22:49:02 +1000

Goldman Sachs Group Inc reported a stronger-than-expected 5.5 percent rise in quarterly profit as it earned more from underwriting fees and its own investments.

Goldman Sachs profit beats estimates

Tue, 16 Apr 2013 22:28:02 +1000

Goldman Sachs Group Inc reported a stronger-than-expected 5.5 percent rise in quarterly profit as it earned more from underwriting fees and its investing and lending business.

Goldman Sachs Earnings Beat Forecasts After 36% Investment Bank Revenue Surge

Tue, 16 Apr 2013 21:54:16 +1000

Goldman earnings rise 5.5 percent in first quarter after 36 percent surge in investment banking revenue.

Goldman CEO Blankfein got 75 percent compensation boost in 2012

Sat, 13 Apr 2013 05:35:01 +1000

Goldman Sachs Group Inc's board awarded Chief Executive Lloyd Blankfein a 75 percent increase in compensation, to $21 million, for 2012 - including pay, bonus and restricted stock award.

Goldman Sachs CEO Blankfein pay fell to $13.3 million last year

Sat, 13 Apr 2013 02:28:02 +1000

Goldman Sachs Group Inc Chief Executive Lloyd Blankfein received $13.3 million in compensation last year, an 18 percent drop from his pay in 2011, according to a securities filing on Friday.

Obama talks about economy, immigration in meeting with bankers

Fri, 12 Apr 2013 05:42:02 +1000

President Barack Obama stressed the need to revive the economy and reform immigration and fiscal policy during a meeting on Thursday with some of the world's most powerful bankers.

Exclusive - Goldman deal with union group lets Blankfein keep dual roles

Thu, 11 Apr 2013 08:35:02 +1000

For the second year in a row, Goldman Sachs Group Inc fended off a shareholder proposal that could have led to a messy public vote to strip Chief Executive Lloyd Blankfein of his chairman's title.

Exclusive -Goldman deal with union group lets Blankfein keep dual roles

Thu, 11 Apr 2013 08:00:05 +1000

For the second year in a row, Goldman Sachs Group Inc fended off a shareholder proposal that could have led to a messy public vote to strip Chief Executive Lloyd Blankfein of his chairman's title.

CEOs of biggest U.S. banks to meet with Obama on Thursday: sources

Thu, 11 Apr 2013 06:35:03 +1000

Executives of the biggest U.S. banks are expected to meet with President Barack Obama on Thursday, according to people familiar with the matter.

Exclusive: Goldman deal with union group lets Blankfein keep dual roles

Thu, 11 Apr 2013 03:49:03 +1000

For the second year in a row, Goldman Sachs Group fended off a shareholder proposal that would have stripped Chief Executive Lloyd Blankfein of his chairman title. Instead, Goldman agreed with a union-backed investment group to increase the powers of its lead director.

Exclusive: Goldman Sachs reaches deal to halt move to split top roles

Thu, 11 Apr 2013 02:49:02 +1000

For the second year in a row, Goldman Sachs Group fended off a shareholder proposal that would have stripped Chief Executive Lloyd Blankfein of his chairman's title. Instead, Goldman agreed with a union-backed investment group to increase the powers of its lead director.

Former Goldman head Stephen Friedman retires from board

Fri, 05 Apr 2013 10:28:02 +1100

Goldman Sachs Group Inc said on Thursday that Stephen Friedman, who once headed the bank when it was a private partnership, will retire from its board of directors because he has reached the company's age limit.

Buffett trades warrants for smaller stake in Goldman

Wed, 27 Mar 2013 07:28:02 +1100

Warren Buffett has given up his chance to become Goldman Sachs Group Inc's largest shareholder by converting his warrants into a smaller stake in the bank at no additional cost to his Berkshire Hathaway Inc

Buffett to take major Goldman Sachs stake in warrant deal

Wed, 27 Mar 2013 02:28:02 +1100

Warren Buffett will become one of Goldman Sachs' ten largest shareholders essentially for free, after he and the bank amended a 2008 deal to exchange his potential profit on Goldman warrants for stock.

Analysis: JPMorgan and other banks tinker with risk models

Mon, 18 Mar 2013 15:14:02 +1100

In 2011, senior executives at JPMorgan Chase & Co told one of the bank's trading and hedging groups to scale back its riskier positions as new regulations would make these bets much more expensive to maintain.

CORRECTED-UPDATE 2-Fed tells JPMorgan, Goldman to improve capital plans

Fri, 15 Mar 2013 12:42:01 +1100

In a blow to two major Wall Street banks, the Federal Reserve told Goldman Sachs and JPMorgan Chase that they must fix flaws in how they determine capital payouts to shareholders, but still approved their plans for share buybacks and dividends.

Fed tells JPMorgan, Goldman to improve capital plans

Fri, 15 Mar 2013 09:42:02 +1100

The Federal Reserve told Goldman Sachs and JPMorgan Chase that they must fix flaws in how they determine capital payouts to shareholders, but still approved their plans for share buybacks and dividends.

Goldman Sachs ventures west for annual meeting in Salt Lake City

Thu, 14 Mar 2013 05:28:02 +1100

Goldman Sachs Group Inc said it will hold its annual meeting in Salt Lake City this year, the first time the Wall Street bank is inviting shareholders to cast their votes at a gathering outside the New York metropolitan area.

Goldman cannot ignore proposal to split chairman, CEO roles: SEC

Sat, 09 Mar 2013 09:42:02 +1100

Goldman Sachs Group Inc lost its battle to ignore an investor proposal to strip Chief Executive Lloyd Blankfein of his chairman role, according to correspondence posted on the Securities and Exchange Commission's website on Friday.

Goldman to shift to biennial selection of managing directors - memo

Fri, 08 Mar 2013 12:56:02 +1100

Goldman Sachs Group Inc has decided to name managing directors every two years instead of annually as it has done in the past, according to a memo viewed by Reuters.

Exclusive: Goldman finds new way to do buyouts in face of Volcker

Tue, 05 Mar 2013 10:14:03 +1100

Goldman Sachs Group Inc is trying to find ways to keep investing in the profitable, albeit risky, business of buying and selling companies without crossing a rule that will restrict private equity investing, three sources familiar with the new business said over the past week.

Exclusive - Goldman finds new way to do buyouts in face of Volcker

Tue, 05 Mar 2013 10:14:03 +1100

Exclusive - Goldman eyes Volcker workaround for buyouts

Tue, 05 Mar 2013 05:42:02 +1100

Goldman Sachs Group Inc is trying to work around a financial reform regulation to keep investing in the profitable, albeit risky, business of buying and selling companies, three sources familiar with the new business said over the past week.

Exclusive: Goldman eyes Volcker workaround for buyouts

Tue, 05 Mar 2013 05:42:02 +1100

Goldman Sachs Chairman Jim O'Neill to Retire Later This Year

Wed, 06 Feb 2013 16:48:28 +1100

Jim O'Neill, the chairman of Goldman Sachs Group Inc's (GS.N) asset management division who coined the popular term "BRIC" to refer to four fast-growing emerging markets, will retire later this year, according to an internal memo sent out on Tuesday.

Goldman Sachs' O'Neill, aka Mr. BRIC, to retire

Wed, 06 Feb 2013 08:14:02 +1100

Jim O'Neill, a Goldman Sachs Group Inc executive who coined the term "BRIC" to refer to four fast-growing emerging markets, will retire later this year, according to an internal memo sent out on Tuesday.

Goldman Sachs Asset Management chief O'Neill to retire

Wed, 06 Feb 2013 07:14:02 +1100

Jim O'Neill, the chairman of Goldman Sachs Group Inc's asset management division who coined the popular term "BRIC" to refer to four fast-growing emerging markets, will retire later this year, according to an internal memo sent out on Tuesday.