Today: September 23, 2024
Today: September 23, 2024

Latest From Saeed Azhar and Manya Saini

Business

Bank of America CEO Moynihan's pay falls to $29 million in 2023

Bank of America cut compensation for CEO Brian Moynihan by 3.3% to $29 million for 2023 after its annual profit fell 4%, the lender said in a filing

April 26, 2024
Bank of America CEO Moynihan's pay falls to $29 million in 2023
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Goldman Sachs strikes wealth advisory deal as it revamps strategy

Goldman Sachs on Monday said it has struck a deal to sell part of its wealth business to an independent wealth manager, part of a strategy refresh which is seeing the bank exit some businesses and focus its wealth offering on targeting the super rich. The Wall Street bank, which did not disclose the sale price, said the sale to Creative Planning LLC is expected to close in the fourth quarter and result in a gain. The latest sale is part of a shift in strategy after CEO David Solomon reorganized

August 28, 2023
Goldman Sachs strikes wealth advisory deal as it revamps strategy

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