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Search resuls for: "Christopher Connors"


2 mentions found


☆ Exclusive: Goldman Sachs discusses bigger bonuses for top traders, dealmakers -sources
  + stars: | 2023-11-14 | by ( Lananh Nguyen Saeed Azhar | Lananh Nguyen | Saeed Azhar | ) www.reuters.com   time to read: +5 min
The pay bumps could help win over some employees who balked at smaller bonuses last year that they blamed on losses from the retail operations. The firm's allocation for bonuses fell by as much as 40% in 2022, according to another source, after earnings slid 48%. Wall Street pay varies widely based on performance and market conditions, and bonuses account for a large share of compensation - in some cases more than double an employee’s annual salary. Goldman was involved in several major transactions in recent months that spurred optimism about a nascent market recovery. WALL STREET BONUS SLIDEThe potential compensation gains contrast with expectations for a broader industry slide.
Persons: Goldman Sachs, Stephen Biggar, Goldman, David Solomon, hasn't, we're, We're, Julian Salisbury, Dina Powell McCormick, They've, Christopher Connors, WALL, Thomas DiNapoli, Sheffield, Banks, Natalie Machicao, Lananh Nguyen, Saeed Azhar, Megan Davies, Matthew Lewis Organizations: Argus Research, Wall, Goldman, Sixth, MSD Partners, Bloomberg, Natural Resources, Exxon Mobil, Arm Holdings, Johnson Associates, York, Sheffield Haworth, Thomson Locations: Biggar, Sheffield Haworth, New York
☆ Whistleblower in Healthcare Bribery Case Won the Largest SEC Award This Year
  + stars: | 2022-12-19 | by ( Mengqi Sun | ) www.wsj.com   time to read: +3 min
The U.S. Securities and Exchange Commission has awarded more than $37 million to an individual for reporting information about a bribery scheme at a large European healthcare company. The sum is the highest award paid out to a single whistleblower so far this calendar year and one of the top 10 largest awards ever paid out by the SEC’s whistleblower program to an individual, according to the SEC. The SEC has given out more than $1.3 billion of awards since the beginning of its whistleblower program, which was created by the 2010 Dodd-Frank Act, according to the report. But lawyers representing the whistleblower said the award was connected to a Foreign Corrupt Practices Act settlement reached by a publicly traded European healthcare company with the SEC and the Justice Department. “The SEC whistleblower program has hit its stride and is generating high-quality disclosures that supercharge enforcement of the securities law and protect investors,” he said.
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