Goldman Sachs Group tripled Chief Executive Lloyd Blankfein's base salary and awarded him $12.6 million of stock, even after the bank's net income plunged last year.
Goldman Sachs Group more than tripled Chief Executive Lloyd Blankfein's salary to $2 million for this year and paid him restricted stock currently worth $12.6 million, according to regulatory filings.
Bank of America Corp may give some investment bankers a greater share of their bonus payments in cash for 2010 compared to the previous year, the Wall Street Journal said, citing people familiar with the situation.
LinkedIn Corp announced plans to go public this year in what could be a test of investor appetite for social networking websites ahead of a highly anticipated Facebook offering.
Goldman Sachs allegedly received $2.9 billion in bailout money from American International Group, which in turn received it from the Federal government as part of the 2008 bailout package.
Gold fell back from its third overnight rally in four days in London trade on Thursday, dropping 1.1% against the Dollar. We don't feel that this downward pressure can persist, given ample global liquidity and low long-term real interest rates, says Standard Bank's commodity team in a client note.
Brazil’s unemployment rate fell to a record low in 2010, as the country’s economy records the fastest growth since 1985.
The companies whose shares are moving in pre-market trade on Thursday are: Netflix, Teradyne, Qualcomm, Symantec, AT&T, Goodyear Tire & Rubber and Procter & Gamble.
Goldman Sachs on Thursday downgraded motorcycle maker Hero Honda and utility vehicles maker Mahindra & Mahindra to sell, from neutral and buy ratings respectively.
The BSE Sensex erased early gains and was trading down 0.4 percent on Thursday, as the near-term outlook for foreign funds' interest was far from promising due to better prospects elsewhere.
China's harsh measures to cool its booming property market is having limited impact on prices, property developer SOHO China's (0410.HK) chief executive said, underscoring the government's difficulty to curb credit growth on all fronts.
Roughly half of bankers in Britain and the United States received increased bonuses for 2010, according to a survey released on Tuesday.
Facebook CEO and Time's Person of the Year Mark Zuckerberg received some private financial consultation on How to raise funds? -- courtesy, a hacker who infiltrated the CEO's fan page.
A bipartisan panel investigating the financial crisis has referred cases of potential wrongdoing by financial industry officials to the Justice Department, a person familiar with the matter said on Tuesday.
Investor interest in derivatives-based strategies remains cold, as the financial bailout in 2008 and the Dodd-Graham Financial Overhaul Act has kept investors scared.
The U.S. Securities and Exchange Commission is investigating dealings between former Massachusetts Treasurer Timothy Cahill and a former top aide who now works at Goldman Sachs .
Darling International Inc. (DAR), a provider of rendering and bakery waste recycling to food industry, announced earnings and revenue guidance for the fourth quarter and fiscal 2010, above analysts expectations.
As the economy recovers, companies across industries indicate a cautious but definite return to attractive packages for its top bosses.
Facebook is preparing to open its books this year or early in 2012 to give investors a glimpse into the financial workings of the world's No. 1 social network, after it sealed an oversubscribed $1.5 billion round of financing led by Goldman Sachs.
Below is a comprehensive professional biography of hedge fund manager David Tepper gathered from publicly available information:
Shares in Warner Music Group climbed over 20 percent in premarket trade on Friday.
The top after-market NYSE gainers on Thursday are: Warner Music Group, American Reprographics, GMX Resources, Energy Transfer Partners and Aspen Insurance Holdings. The top after-market NYSE losers on Thursday are: International Game Technology, Emulex, Medley Capital, Jones Apparel and Kinross Gold.
