Sridhar Natarajan

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Goldman To Cut Hundreds More Jobs As Consumer Unit Scaled Back

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CEO David Solomon has recently also signaled he's reviewing other business lines to manage headcount and limit costs.

Goldman CEO Sounds Warning On Pay, Job Cuts On Uncertain Outlook

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Solomon said the US could see a recession in 2023, even though the firm's economists say it could still avoid one.

Morgan Stanley Will Cut About 2,000 Jobs Ahead Of Potential US Recession

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Goldman Sachs and Bank of America executives have also warned of hiring slowdowns.

Blackstone To Limit Withdrawals From Giant Real Estate Fund, Stock Tumbles

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Some wealth advisers have been growing cautious about client exposure to illiquid assets in recent months.

Goldman Sachs Paid Over $12 Million To Bury Partner's Claim Of Sexist Culture

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The partner worked in posts around the C-suite, met with top executives and held senior positions in one of the firm's divisions.

Goldman Names About 80 New Partners In Biggest Class Under Solomon

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This is expected to be the most diverse group of executives elevated to Goldman's top rank.

Goldman Combines Wealth Management And Asset Management, Shakes Up Leadership

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The firm's money-losing consumer unit will be broken up.

Consumer Banking Props Up Wall Street As Markets Slump

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Investment bankers have been idled by skittish markets, keeping companies from doing business with them.

Morgan Stanley's Idled Investment Bankers Drag Down Firm Results

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The company's investment-banking group posted $1.28 billion in revenue in the third quarter, down 55% from a year earlier.

Apple Teams With Goldman Sachs To Offer Savings Accounts

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The move builds on the existing credit-card partnership between the two companies.

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