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Search resuls for: "Ed Solomon"


6 mentions found


☆ Goldman Sachs's CEO David Solomon concedes that some of his efforts to transform the powerhouse bank have not been paying off
  + stars: | 2022-10-18 | by ( Business Insider | ) www.businessinsider.com   time to read: +7 min
Goldman Sachs CEO David Solomon took major steps to restructure the Wall Street bank in 2020. This week he acknowledged that some of his bets, including consumer bank Marcus, are not paying off. Despite the move away from consumer banking, Solomon appears to want to continue to push into wealth management. In October, he said Goldman Sachs Asset Management has grown into the nation's fifth largest asset manager. "We also believe that reaching and serving employees in their workplace is a significant growth opportunity for Goldman Sachs," Solomon said on the third-quarter call.
☆ Former WSJ reporter says law firm used Indian hackers to sabotage his career
  + stars: | 2022-10-15 | by ( Raphael Satter | Boies | Hausfeld Among Law Firms Reaping | ) www.reuters.com   time to read: +5 min
Former Wall Street Journal reporter Jay Solomon poses for a photograph in front of a building in Bethesda, Maryland, U.S., September 28, 2022. REUTERS/Raphael SatterLaw firms Dechert LLP FollowWASHINGTON, Oct 15 (Reuters) - A former Wall Street Journal reporter is accusing a major U.S. law firm of having used mercenary hackers to oust him from his job and ruin his reputation. Azima - who filed his own lawsuit against Dechert on Thursday in New York - did not immediately return a message. read moreSolomon’s suit is the latest in a series of legal actions that follows Reuters’ reporting about hired hackers operating out of India. Reuters has reported that lawyers for Ras Al Khaimah’s investment agency – RAKIA – used the emails to help win a fraud lawsuit filed against Azima in London in 2016.
☆ U.S. says it has agreed Pacific Islands partnership, offering 'big dollar' aid
  + stars: | 2022-09-28 | by ( David Brunnstrom Alexandra Alper Michael Martina | David Brunnstrom | Alexandra Alper | ) www.reuters.com   time to read: +6 min
Leaders and representatives from 14 Pacific island states are taking part in the summit. Washington and its allies want to boost maritime security and island states' communication links with countries like Japan, Australia and India, he said. SOLOMON ISLANDS TIES TO CHINAIn a statement on the first day of the talks, Henry Puna, secretary general of the Pacific Islands Forum, said he was confident the islands and the United States "can, and ... will secure and build a partnership." Sogavare has repeatedly appeared to snub the United States, heightening Washington's concerns. Wednesday's talks included a session hosted by U.S. special presidential envoy for climate John Kerry, who praised Pacific island leaders for a more ambitious global climate target than agreed at the 2015 Paris climate summit.
☆ Goldman Sachs insiders are concerned about CEO David Solomon's push to build his personal brand
  + stars: | 2022-09-25 | by ( Matt Turner | Jordan Parker Erb | Lily Katzman | ) www.businessinsider.com   time to read: +5 min
On the agenda today:But first: This week, Insider launched its inaugural Climate Action 30, a prestigious list of leaders working toward climate solutions. Lily Katzman, an associate editor on our Special Projects team, gives us a behind-the-scenes look at the project. InsiderWhen we say climate heroes, the usual suspects — think Greta Thunberg and Al Gore — come to mind. That's where Insider's Climate Action 30 comes into play. ReutersDavid Solomon, Goldman Sachs' CEO, moonlights as an electronic-music DJ, playing high-profile gigs like the Lollapalooza music festival and Tomorrowland, a Belgian music festival.
☆ Goldman Sachs insiders say they are concerned about CEO David Solomon's push to build his personal brand, pointing to staff help for his DJing and use of the firm's planes
  + stars: | 2022-09-21 | by ( Dakin Campbell | ) www.businessinsider.com   time to read: +15 min
As David Solomon, Goldman Sachs' CEO, was wrapping up a work trip in late July, he boarded the company's Gulfstream G650 for Chicago. His personal account cites his role as Goldman Sachs' CEO, while his official Goldman Sachs account links to his personal account. As CEO, Solomon has overseen the firm's first investor day, launched a strategic update, and reaped record revenue of $59.3 billion in 2021. The Goldman representative disputed that characterization, saying the number of executive TV appearances has more than doubled over the past year. A Goldman representative said that Payback is run by music-industry consultants and that no Goldman Sachs resources are used for the platform.
☆ Veterans criticize Doug Mastriano for wearing 'the uniform of traitors' after a photo of him in a Confederate outfit surfaces
  + stars: | 2022-09-19 | by ( Charles R. Davis | ) www.businessinsider.com   time to read: +3 min
Nearly 60 veterans signed a letter criticizing Doug Mastriano for wearing a Confederate uniform. Mastriano, a Pennsylvania Republican, wore the uniform in a faculty photo for the US Army War College. As Reuters reported in August, Mastriano — a state senator running for governor – chose to wear the Confederate uniform for a faculty photo at the US Army War College. Mastriano has battled claims of extremism since winning the GOP nomination with the help of former President Donald Trump. Mastriano paid the site $5,000 and praised its founder, Andrew Torba, an anti-Semite who identifies as a Christian nationalist.
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