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Search resuls for: "Lananh Nguyen Niket Nishant"


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July 28 (Reuters) - Goldman Sachs (GS.N) executive Julian Salisbury will join investment firm Sixth Street as a partner and co-chief investment officer early next year, his incoming firm said, marking yet another high-profile exit from Goldman. Salisbury will reunite with Goldman alums in his new role, including Sixth Street CEO Alan Waxman. Salisbury became a partner in 2008 and previously served as global co-head of the asset management unit before it was combined with wealth management under Marc Nachmann last year. Goldman's asset management division has promoted 11 partners and hired nine new managing directors focused on investing this year, a company spokeswoman said. Salisbury has "done a great job putting together all these asset management businesses over the last few years," Nachmann said in an interview.
Persons: Goldman Sachs, Julian Salisbury, Salisbury, Goldman alums, Alan Waxman, Marc Nachmann, Julian, Waxman, Dina Powell McCormick, Gregg Lemkau, Katie Koch, Goldman, Nachmann, It’s, David Solomon, Lloyd Blankfein, Manya Saini, Niket, Lananh Nguyen, Vinay Dwivedi, Matthew Lewis Organizations: Sixth, Goldman, MSD Partners, TCW, Reuters, Thomson Locations: Goldman, Salisbury, London, Moscow, New York, Russia, China, Bengaluru, Lananh
April 12 (Reuters) - JPMorgan Chase & Co (JPM.N) asked its managing directors to work from the office for five days a week, the largest U.S. bank said in a memo. CEO Jamie Dimon, along with Wall Street counterparts at Goldman Sachs Group Inc and Morgan Stanley, has been a strong advocate of in-office work. JPMorgan reminded staff on hybrid schedules that they were required to be in the office at least three days a week. It plans to roll out more automated attendance tracking to manage work schedules, real estate and security. "Everyone should be able to work five days a week in the office," the bank said.
His counterpart at Bank of America Corp (BAC.N), Brian Moynihan, cited resilient consumer finances and spending as positive signs. At a separate event, Bank of America's CEO reiterated what he has been saying for months - that consumer spending remains robust and is underpinning the economy. JOB CUTSDespite some easing concern about an economic slowdown, the bank chiefs said they were managing headcount to constrain costs. It aims to have a workforce of about 213,000 to 214,000 in the next three to four months, Moynihan said, down from 216,823 at the end of 2022. While consumer spending remains healthy, credit card delinquencies are increasing, and growth in Wells Fargo's commercial bank is moderating, he said.
NEW YORK, Oct 25 (Reuters) - Wall Street bonuses in 2022 are expected to fall 22% or more from last year's bumper payouts, according to a report from New York State Comptroller Thomas DiNapoli, as tough economic conditions choked off demand for deals. Across Wall Street, investment-banking fees plunged from their 2021 records as the markets for mergers, acquisitions and initial public offerings dried up. Wall Street firms have set aside 6.5% less for compensation in the first half of 2022 as pretax profits halved to $13.5 billion, DiNapoli said. Wall Street workers remain an important force in New York City, accounting for 16% of its economic activity. The comptroller's annual report on 2022 Wall Street bonuses will be released in March.
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