During an interview with Time, David Solomon, who is also a DJ, doubled down on his view that bankers should return to the office.
Goldman Sachs CEO David Solomon told Time that it's the job of the government, not businesses, to "decide how global trade works in the world."
In Insider Weekly: Julian Salisbury is Goldman Sachs' unlikely CEO contender, Telegram faces a dilemma in Ukraine, and our exclusive Ray Dalio interview.
The bank said in a statement it is "winding down its business in Russia in compliance with regulatory and licensing requirements."
Many international firms are slashing their operations in Russia after its invasion of Ukraine almost two weeks ago.
The precious metal hit $2,000 an ounce for the first time since August 2020 on Monday, as the Ukraine crisis continued to escalate.
The labor shortage has reached "the most overheated level in postwar US history," Goldman Sachs analysts said.
Direct payments and boosted unemployment benefits lifted demand for commodities. Yet supply hasn't caught up, and it's now keeping inflation high.
The S&P was already down 8.8% for the year as of Friday's close. Another 6% drop would push it well into correction territory.
Big banks like JPMorgan and Goldman Sachs offer multiple options for clients to get involved in cryptocurrencies and the broader digital world.
The post-pandemic cycle will reward investors who can pick stocks and sectors, while the broader market will be less generous, says Goldman Sachs.
The SEC sent subpoenas to firms like Morgan Stanley and Goldman Sachs seeking trading information and communications between investors and the banks.
"The macro backdrop this year is considerably more challenging than in 2021," Goldman analysts said as they cut their S&P 500 target.
Inflation surged to 7.5% in January, the most since 1982. We've rounded up the views of some of the world's biggest banks and funds.
Recent trends in key rent measures suggest shelter inflation peaked in the fourth quarter, Goldman said, adding the price surge is set to cool soon.
Goldman Sachs expects a growth slowdown in 2022, citing fading fiscal support and the Omicron variant's impact on services spending and supply chains
The value of bids for the NFT where champion Rafael Nadal's winning shot landed has surged more than 4,000% from the floor price.
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