Recent News About Goldman Sachs

Non-Profit Boards | Local Economic Development


Goldman Sachs appoints Bryon Lake as Chief Transformation Officer

The Goldman Sachs Group, Inc. (NYSE: GS) announced on July 22, 2024, that Bryon Lake will join the firm as Chief Transformation Officer for the Client Solutions Group within Goldman Sachs Asset Management. Lake will be based in New York and joins as a partner.

Goldman Sachs appoints Haidee Lee and Carsten Woehrn to key leadership positions

NEW YORK, July 18, 2024 – The Goldman Sachs Group, Inc. (NYSE:GS) announced the appointments of Haidee Lee and Carsten Woehrn as Partners and Global Co-Head of Sponsor M&A and Co-Head of M&A in EMEA, respectively.

Goldman Sachs reports Q2 earnings per share of $8.62

NEW YORK, July 15, 2024 – The Goldman Sachs Group, Inc. (NYSE: GS) reported net revenues of $12.73 billion and net earnings of $3.04 billion for the second quarter ended June 30, 2024. Diluted earnings per common share (EPS) were $8.62, and the annualized return on average common shareholders’ equity (ROE) was 10.9% for the second quarter of 2024.

Goldman Sachs declares dividends on various non-cumulative preferred stocks

NEW YORK, July 12, 2024 -- The Goldman Sachs Group, Inc. (NYSE: GS) announced today the declaration of dividends on various series of its non-cumulative preferred stock. These are represented by depositary shares, each representing a 1/1,000th interest in a share of preferred stock, except for the Series P Preferred Stock, the Series Q Preferred Stock, the Series R Preferred Stock, the Series S Preferred Stock, the Series U Preferred Stock, and the Series W Preferred Stock where each depositary share represents a 1/25th interest in a share of preferred stock.

Goldman Sachs launches first AI-driven equity ETF in EMEA

Goldman Sachs ETF Accelerator announces first fund launched in EMEA through the platform

Goldman Sachs responds to Federal Reserve's new stress capital buffer requirements

NEW YORK, NY, June 28, 2024 – On Wednesday, June 26, the Federal Reserve notified The Goldman Sachs Group, Inc. (NYSE: GS) of a Stress Capital Buffer (SCB) of 6.4%, resulting in a Standardized Common Equity Tier 1 (CET1) ratio requirement of 13.9%, effective October 1, 2024.

John B. Hess joins Goldman Sachs board amid Chevron acquisition

NEW YORK, June 24, 2024 — The Board of Directors of The Goldman Sachs Group, Inc. (NYSE: GS) announced the appointment of John B. Hess as an independent director of the Board, effective June 24, 2024. Mr. Hess will also become a member of each of the Board’s Compensation, Governance and Risk Committees.

Goldman Sachs expands presence with new Amsterdam office

Goldman Sachs has moved to a new office space in the World Trade Centre (WTC), Amsterdam, expanding its presence in the city to accommodate a growing footprint across its Global Banking & Markets and Asset & Wealth Management businesses.

Goldman Sachs survey: Majority of black women see entrepreneurship as wealth creation path

A recent survey conducted by Goldman Sachs One Million Black Women (OMBW) reveals that a majority of Black women regard entrepreneurship as a significant avenue for wealth creation. The data suggests that if barriers were reduced, many would consider starting a business to support themselves, their families, and their communities.

Marcus by Goldman Sachs Tops J.D. Power's Savings Account Customer Satisfaction Ranking

"Marcus by Goldman Sachs Savings Ranked #1 in Overall Customer Satisfaction by J.D. Power"

Rob Kaplan Rejoins Goldman Sachs as Vice Chairman and Member of the Management Committee

NEW YORK, May 7, 2024 — The Goldman Sachs Group, Inc. (NYSE: GS) today announced that Rob Kaplan will rejoin the firm as Vice Chairman of Goldman Sachs and a member of the Management Committee. He will be a member of the Executive Office and will be based in Dallas.In this role, Rob will engage our clients around the world, working closely with our teams across Global Banking & Markets and Asset & Wealth Management to offer strategic advice. Rob will also draw on his experience in the public and private sectors to offer perspectives to our clients and other stakeholders...

Goldman Sachs President to Speak at Bernstein's 40th Annual Strategic Decisions Conference

NEW YORK, April 29, 2024 – The Goldman Sachs Group, Inc. (NYSE: GS) has announced that John E. Waldron, President and Chief Operating Officer, is set to speak at the Bernstein 40th Annual Strategic Decisions Conference on Thursday, May 30, 2024 at 8:00 a.m. (ET).Goldman Sachs, a renowned global financial institution, provides a wide range of financial services to various clients, including corporations, financial institutions, governments, and individuals. Established in 1869 and headquartered in New York, the firm has a presence in major financial hubs worldwide.In a...

Hidehiro Imatsu Named President of Goldman Sachs Japan Co., Ltd.

Goldman Sachs Group, Inc. (NYSE:GS) has appointed Hidehiro Imatsu as the new president and representative director of Goldman Sachs Japan Co., Ltd. (“GSJCL”), with the effective date set for June 3, 2024. Imatsu, currently serving as co-head of Global Interest Rate Products Trading and co-head of the Asia Pacific Fixed Income, Currency and Commodities Franchise in Hong Kong, will retain these roles while taking on the new leadership position in Tokyo.In a statement, David Solomon, Chairman and Chief Executive Officer of Goldman Sachs, expressed confidence in Imatsu's...

Spelman College Wins Goldman Sachs’ Fourth-Annual Market Madness Competition and $1 Million Grant

Goldman Sachs' HBCU Market Madness competition concluded with Spelman College emerging victorious for the third time in four years, securing a $1 million grant. The event, which is part of the firm's HBCU Possibilities Program, saw finalists from Delaware State University, Florida A&M University, Howard University, and Spelman College present case studies to top Goldman Sachs and Nike executives.Megan Hogan, Goldman Sachs' global head of Talent and chief diversity officer, expressed admiration for the talent showcased by HBCU students during the competition, stating, "The...

Goldman Sachs to Redeem Depositary Shares Representing Series K Preferred Stock

NEW YORK, NY, April 16, 2024 - The Goldman Sachs Group, Inc. (NYSE: GS) has announced its plan to redeem all outstanding shares of its 6.375% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K ("Series K Preferred Stock") and the corresponding 28,000,000 depositary shares ("Depositary Shares") on May 17, 2024.According to The Goldman Sachs Group, Inc., "The Depositary Shares will be redeemed for a redemption price equal to $25 per Depositary Share (equivalent to $25,000 per share of Series K Preferred Stock) plus an amount equal to any dividends that have...

Goldman Sachs Reports 2024 First Quarter Earnings Per Common Share of $11.58 and Annualized Return on Common Equity of 14.8%

The Goldman Sachs Group, Inc. announced its financial results for the first quarter ended March 31, 2024. The company reported net revenues of $14.21 billion and net earnings of $4.13 billion. Diluted earnings per common share (EPS) were $11.58, with an annualized return on average common shareholders’ equity (ROE) of 14.8% for the first quarter of 2024.In a statement, David Solomon, Chairman and CEO of Goldman Sachs, expressed satisfaction with the quarterly performance, stating, “Our first quarter results reflect the strength of our world-class and interconnected...

Goldman Sachs Declares Preferred Stock Dividends

Goldman Sachs Group, Inc. has announced dividends on various series of its non-cumulative preferred stock. The declaration includes dividends on different preferred stock series, with specific amounts allocated to each category.According to Goldman Sachs Group, Inc., the dividends declared are as follows:- "$385.79 per share of Floating Rate Non-Cumulative Preferred Stock, Series A;"- "$385.79 per share of Floating Rate Non-Cumulative Preferred Stock, Series C;"- "$380.90 per share of Floating Rate Non-Cumulative Preferred Stock, Series D;"- "$398.44 per share of...

Goldman Sachs 10,000 Women Expands Free Online Education for Small Businesses

The Goldman Sachs Foundation has announced the expansion of its 10,000 Women online business education course to a broader audience around the world, free of charge. The course, now available in Spanish and Portuguese, aims to support women entrepreneurs during the current global crisis."In response to the incredible strain that small businesses face right now, we are releasing our online course more broadly," said Charlotte Keenan, Global Head of 10,000 Women at Goldman Sachs. "Goldman Sachs is committed to ensuring that small businesses globally have the support they...

President Obama Announces Goldman Sachs' $10 Billion Commitment to Solar Energy

President Obama announced a number of public and private sector initiatives to support the deployment of solar power in the United States. As part of Goldman Sachs' existing commitment to finance and co-invest $40 billion over the next decade towards clean technology and renewables, the firm will target $10 billion for distributed generation renewables including solar in the US.This significant investment by Goldman Sachs aligns with the broader goal of increasing renewable energy adoption in the country. The focus on solar power reflects a strategic move towards...

Goldman Sachs Announces CFO Transition and Board Appointment

Goldman Sachs Group, Inc. has announced a significant change in its leadership team, with Harvey M. Schwartz set to take over as Chief Financial Officer at the end of January 2013. This move comes as David Viniar, who has served as the Chief Financial Officer for 12 years, has decided to retire and join the Board of Directors as a non-independent director at that time. The firm also plans to appoint additional independent directors to its board in the near future.Lloyd C. Blankfein, Chairman and CEO of Goldman Sachs, expressed his confidence in the transition, stating,...