Carlyle Group Appoints Harvey Schwartz, Former Goldman Sachs President, as New CEO After the abrupt departure of Kewsong Lee in 2022, Carlyle has appointed Harvey Schwartz as the firm's new CEO. By Alexandra Tremayne-Pengelly
Warren Buffett Doesn’t Want Any Wall Streeter to Repair Wells Fargo Recruiting from Wall Street is "automatically going to draw the ire of a significant percentage" of lawmakers in Washington, Buffett said. By Sissi Cao
Goldman Sachs’ Top Execs Could Take a Multi-Million-Dolllar Pay Cut Due to 1MDB Heist The bank's current and former CEOs could lose millions of dollars in their 2018 paychecks. By Sissi Cao
Perplexity AI and Databricks Co-Founder Andy Konwinski Launches $100M A.I. Institute By Alexandra Tremayne-Pengelly