June 21, 2023

The War Inside Goldman Sachs

by The Journal

Cracks are forming in a prestigious Wall Street institution: Goldman Sachs. Most bank CEOs make big decisions with a cadre of executives. But Goldman maintains a partnership with about 420 members, many of whom like to have a say in how the firm is run. WSJ’s AnnaMaria Andriotis explains why CEO David Solomon has come under fire from partners who complain about bonuses, strategy and that DJ side gig.

Further Reading:

- Goldman Sachs Is at War With Itself 

- Goldman Sachs’s 80 New Partners Are the Happiest People on Wall Street Today 

- Goldman Sachs Doesn’t Want to Be Everyone’s Bank, but It Has to Be Someone’s 

Further Listening:

- Goldman Sachs and the 1MDB Scandal 

Where to Listen