Not everyone starts a career at Goldman Sachs in Hong Kong because of its reputation for paying good salaries and bonuses – there’s the kudos of having the GS logo on your business card to impress clients, friends and family. And there’s […]
Tag: Goldman Sachs
« J’ai pleuré quand j’ai su que je ne serais pas promu MD chez Goldman Sachs »
Quand j’ai appris que je ne serais pas promu managing director (MD), je suis rentré à la maison et j’ai pleuré. Pas pendant trois ou quatre minutes, mais pendant plus d’une heure avec ma femme à côté de moi. J’avais 33 ans. […]
Goldman traders are leaving for hedge funds before bonuses are paid
Goldman Sachs has developed a new execution algorithm. In an announcement last week, the firm said it launched a new algo called ‘AXIS’ on its Atlas high speed trading platform, and that the early results were “very promising.” This may be so, […]
How Goldman Sachs and JPMorgan are using quantum computing
As we’ve reported before, banks have been busy building teams of quantum computing researchers. Today, the heads of those teams at Goldman Sachs and JPMorgan presented their work at the Q2B Practical Quantum Computing conference. Goldman Sachs has recently assembled a “full team dedicated […]
One ex-Goldman banker is leaving Eisler Capital as COO, another is joining
Eisler Capital likes people who used to work for Goldman Sachs. Founded in 2016 by Edward Eisler, Goldman Sachs’s former co-head of securities, it’s also home to people like Sam Wisnia, Goldman’s former head of global co-head of strats and Deutsche’s ex-head of macro trading. When […]
This is what really happened on Goldman Sachs’ virtual internships
Investment banks’ virtual internships may seem a thing of the past now that the summer is over, but it’s worth revisiting exactly what transpired last July and August because – vaccine or not- there are suggestions that banking internships could remain at least partially […]
The Goldman Sachs 2020 Partner List
It’s happened. After some delay, the Goldman Sachs 2020 partner list has landed. The full list is below. There will be some disappointment: as predicted, the list is the shortest it’s ever been with just 60 people promoted, and no […]
Goldman Sachs told most London staff to WFH from Thursday
Following yesterday’s announcement of a new U.K. lockdown from November 5th to December 2nd, Richard Gnodde, CEO of Goldman Sachs International, has emailed London staff saying that only those designated as, “in-office essential” should come into the London office from Thursday. Gnodde says […]
Bankers at home left to wonder who will be fired next
Slowly but very surely people in banking are returning to offices. At Goldman Sachs, for example, CEO David Solomon said this week that the firm now has 30% of its people back in London and 30% rotating in and out of its headquarters in New […]
Goldman Sachs hiked pay, but could still disappoint its traders
A trend is emerging in the third quarter: as sales and trading businesses continue to outperform, banks are not accruing compensation to the extent that might be expected. It’s a trend that was in evidence yesterday with JPMorgan and it’s conspicuous again […]