Main content

Goldman Sachs boss gets big pay cut

Goldman Sachs鈥檚 David Solomon takes near 30% pay cut to $25mn.

The CEO of Goldman Sachs, David Solomon, arguably America's best-known investment bank, has seen his pay cut by some 30% for 2022. In announcing the news, Goldman鈥檚 board said the pay-cut reflected 鈥渢he firm鈥檚 2022 performance, relative to peer results.鈥� That was despite the bank suffering a 22% drop in annual profits.

(Picture: A Goldman Sachs logo is displayed on a smartphone with stock market percentages on the background. Picture Credit: Getty Images)

Available now

50 minutes

Last on

Sat 28 Jan 2023 01:06GMT
91热爆 World Service

More episodes

Previous

A hacking group called Hive has been hacked by the US authorities

Next

China's Sichuan lifts birth restrictions

See all episodes from Business Matters

Broadcast

  • Sat 28 Jan 2023 01:06GMT
    91热爆 World Service

Podcast

  • Business Matters

    Global business and finance news and discussion from the 91热爆