Bank of America is set to award stock to most of its global employees for the eighth time since 2017, following a robust performance by the second-largest U.S. lender in 2024, according to an internal ...

Goldman Sachs raises CEO David Solomon’s pay and awards $80M retention bonuses to ensure leadership stability and long-term ...

Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.

Expectations for a pro-business climate under the incoming Trump administration has lifted the spirits of major bank ...

Goldman Sachs CEO David Solomon was awarded an $80 million stock bonus to stay at the helm for another five years, a stark turnaround for a leader whose survival was questioned after the firm’s ...

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Bank of America allocates $1B in restricted stock pool for workforce, aiming to retain talent, boost profitability, and ...

Global banking reported a net income of $2.1 billion, with a 44% increase in total investment banking fees, excluding ...

Bank of America Corporation (NYSE:BAC) reported earnings per share of $0.82, surpassing estimates and showcasing strong ...

NEW YORK (Reuters) - Goldman Sachs raised CEO David Solomon's compensation 26% to $39 million for last year, according to a ...

Wall Street banks aim to overhaul US capital rules under Trump, pushing for weaker regulations and reforms to boost lending ...

Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big ...