Daniel Taub

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Morgan Stanley Pays Gorman $37 Million For Final Year As CEO

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The board raised his pay 17% after cutting his compensation in 2022 because of profit declines.

Warren Buffett Says His Will Is Going To Be 'Simple' And Public

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Buffett is the world's ninth-richest person, with a $120.8 billion net worth.

Morgan Stanley Co-President Saperstein Diagnosed With Cancer

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Top banking executives have a long history of continuing to work during treatment after receiving cancer diagnoses.

JPMorgan's Dimon Predicts AI Will Lead To 3.5-Day Workweek

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He also warned that the technology can be used by "bad people to do bad things.”

Goldman Sachs Plans to Undo Another Solomon Deal Chasing Mass Market

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The bank is looking to sell the personal financial management business, which oversees about $29 billion in assets.

JPMorgan Calls Managing Directors Into Office Five Days A Week

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Wall Street firms are rethinking their work-from-home rules as the pandemic recedes.

Goldman's Solomon Is More Confident The Fed Can Avoid A Deep Recession

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CEO David Solomon said the outlook for a soft landing has improved over the past six months.

CD&R Affiliates Will Acquire Wealth Manager Focus Financial In $7 Billion Deal

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Shareholders in New York-based Focus will receive $53 in cash per share.

Solomon Says Goldman Pushed Too Quickly Into Consumer Banking

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David Solomon also said that he's hearing more indication that the economy may be able to dodge the recession.

Goldman Probed By SEC Over Messages Sent Using Unapproved Services

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Wall Street firms have been required for decades to closely monitor and save their employees' business communications.

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