Goldman Sachs named Pablo Salame, co-head of the firm’s trading unit, as chairman of the partnership committee.
Staff braced for additional layoffs.
Goldman Sachs President Gary Cohn said that he would watch closely what world finance ministers say about regulation when they meet this weekend.
Goldman Sachs president and COO Gary Cohn told Bloomberg TV's Stephanie Ruhle on Market Makers' Wednesday that he doesn't know what drove the firm's underperformance in fixed-income trading in the third quarter.
Police in New York City are investigating an unusual incident that unfolded close to Goldman's HQ building in the early morning hours on Monday.
When Goldman Sachs President Gary Cohn recently addressed first-year analysts while his boss, CEO Lloyd Blankfein, got stuck talking to the firm’s lowly interns, the rumor mill inside the big Wall Street firm began to churn over whether this was a sign that Cohn was about to get the job he has longed coveted and run the famed investment bank.
Trouble at mill ?
Goldman Sachs is among the Wall Street banks driving the market higher during this remarkable rally, with Gary Cohn, Goldman Sachs president & COO, and CNBC's Steve Liesman.
Should he stay or should he go ?
Gary Cohn, president and chief operating officer of Goldman Sachs, talks to Bloomberg about the firm's performance and compensation structure, and the outlook for global financial markets.