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STEPHEN SCHERR
Goldman's CEO is stuck, without a clear lifelineBlankfein, a big Goldman shareholder and Solomon’s predecessor, had lost $50 million since January on his stake because of the bank’s sinki...
11 Aug, 2023, 08.55 PM IST
Will the 2021 earnings bonanza really happen?According to Bloomberg Intelligence, analysts expect a whopping 23.2% increase in earnings per share among S&P 500 companies, up from 22.3%...
26 Feb, 2021, 09.46 PM IST
$10 mn pay-cut for Goldman Sachs CEO David Solomon over 1MDB scandalGoldman Sachs pleaded guilty in October over its role in the scandal, and agreed to pay nearly $3 billion to close US investigations.
27 Jan, 2021, 09.31 AM IST
Goldman Sachs says it sold out of Uber stake after IPO lockup expiredChief Financial Officer Stephen Scherr said on the bank’s earnings call Wednesday that it closed its position in Uber in the fourth quarter...
16 Jan, 2020, 06.56 AM IST
Goldman offers fresh details on overhaul progress as revenue slidesAnalysts also noted it was hard to find evidence that the overhaul was bearing fruit in the first quarter.
16 Apr, 2019, 08.50 AM IST
How Donald Trump’s reviving ‘Government Sachs’At a forward price-to-earnings multiple of 12.3, some analysts think Goldman’s shares are now overvalued even though it’s below the bank’s ...
02 Dec, 2016, 11.58 AM IST