Brexit transfers: Barclays, Goldman Sachs and Morgan Stanley move senior City dealmakers to the EU May 14, 2021 Investment giants Morgan Stanley, Goldman Sachs and Barclays have started to move a range of senior bankers from their offices in Canary Wharf and the City to financial hubs across the EU. Ongoing uncertainty over the UK’s access to the EU’s financial services market, combined with pandemic damage and pressure from local regulators, has led [...]
Goldman Sachs director quits after making millions from Dogecoin May 12, 2021 A London-based Goldman Sachs banker has reportedly quit after making millions from investing in Dogecoin. The meme cryptocurrency has surpassed growth of any other digital currency this year, boosting its price by more than 10,000 per cent. Aziz McMahon, head of emerging market sales at the US investment bank, resigned after benefiting from the cryptocurrency’s [...]
Goldman Sachs smashes profit expectations as global M&A and SPAC boom pushes fees higher April 14, 2021 Goldman Sachs smashes profit expectations on global M&A and SPAC boom
Goldman Sachs to open Birmingham office later this year April 13, 2021 Goldman Sachs plans to open an office in Birmingham, with the investment bank hoping to have the new office up and running by the third quarter of 2021. The Birmingham office will initially be a shared space in the city centre, ahead of plans to move to a new and yet to be determined Birmingham [...]
God vs Goldman Sachs: Justin Welby slams ‘unethical’ work practices April 8, 2021 The Archbishop of Canterbury has this morning slammed Goldman Sachs over its treatment of junior staff after it emerged that some employees had been working an average of 100 hours a week. Since its “inhumane” workplace practices were made public last month, the Wall Street bank has faced severe criticism on several fronts. Speaking to [...]
Women of the City: Joanne Hannaford at Goldman Sachs April 7, 2021 In this series, City A.M. zooms in on a range of successful women in the Square Mile, some being movers and shakers in their respective fields – rule makers, not rule takers – while others are rising stars worth keeping an eye on. Today: Joanne Hannaford, head of engineering in EMEA and head of regulatory [...]
JP Morgan and Goldman Sachs staffers return to London in droves April 6, 2021 Bankers at JP Morgan and Goldman Sachs have returned to their London offices in droves, as the UK continues to inch out of lockdown. Around 15 per cent of JP Morgan’s staff in the City – some 1,800 people – went into the office last week, up from about 10 per cent at Christmas. For [...]
Goldman Sachs boss praises staff for speaking out against ‘inhumane’ treatment and 100-hour weeks March 23, 2021 Goldman Sachs boss praises staff for speaking out against 'inhumane' treatment and 100-hour weeks
Citigroup offers London staff Covid tests as part of back-to-office plan March 11, 2021 Citigroup offers London staff Covid tests as part of back-to-office plan
Goldman Sachs plans to scrap virtual internships in drive to end remote working March 10, 2021 Goldman Sachs told incoming summer analysts this year’s internship will be in-person, breaking with the majority of its investment bank rivals that plan to keep their internships virtually. The move, first reported by Financial News, will apply to internships globally. David Solomon, the chief executive of Goldman Sachs, recently called working from home an “aberration”. [...]