Morgan Stanley Names New CEO: ‘Battle-Tested’ Ted Pick Morgan Stanley has appointed Ted Pick, a longtime executive credited for post-2008 turnaround efforts, as its new CEO starting 2024. By Sissi Cao
Goldman Sachs’s Profit Drop Is 40 Percent Worse Than Wall Street Expected Goldman Sachs posted its largest quarterly earnings miss in a decade as its investment banking and asset management revenue fell sharply. By Sissi Cao
Bonuses for Goldman Partners Are Set to Shrink by up to 50% as Wall Street Banks Pull Back on Pay Goldman Sachs partners could see their bonuses shrink by 50 percent this year as Wall Street looks to trim executive compensation. By Courtney Vinopal
After a Boom in Deal-Making, Wall Street’s Investment Banks Say the Party Is Over With Looming Layoffs By Courtney Vinopal
In “Bully Market,” Jamie Fiore Higgins Pulls Back the Veil on Goldman Sachs’s Sexist Culture By Courtney Vinopal
Study: Investment Banking is Bad for You, Will Make You An Alcoholic Adderall-Addicted Paranoid Shell of a Human Being By Foster Kamer