An employment tribunal has ruled that Goldman Sachs unfairly dismissed John Reeves, a compliance vice-president, in a case that highlighted tensions over paternity leave and work-life balance. Reeves, who was terminated in 2022 following six months of paternity leave, successfully argued he was a victim of sexual discrimination. Claims of Dismissal Over Paternity Leave Reeves, … Read more
A Goldman Sachs banker fired by the Wall Street giant while on paternity leave was unfairly dismissed from his job, an employment tribunal in London has ruled. It said Jon Reeves, an ex-Goldman vice-president for compliance who is suing for $5 million in damages, had been a victim of sexual discrimination after being laid off … Read more
In September 2023, Kasselakis was elected from nowhere to head Syriza. Since then, the party has been mired in toxic infighting. Kasselakis, a former Goldman Sachs trader, faced criticism over his opinions on the economy, NATO, and Israel, which were seen as far apart from that of the left. The legitimacy of his wealth declaration … Read more
The National People’s Congress (NPC) Standing Committee, China’s top legislative body, will convene in Beijing on Monday to discuss a wide range of issues. A large fiscal stimulus, recommended by several prominent economists and hotly anticipated by investors, is likely to be among them. As markets speculate over the potential size of a fiscal package … Read more
If you noticed, some of the biggest names in finance are starting to run away from their initial support of Kamala Harris. It’s not that they’ve seen the light and are ready to embrace Donald Trump’s MAGA agenda. Rather they’ve seen the poll numbers (they pay up for the real ones the public isn’t privy … Read more
China-based autonomous driving firm Pony AI, backed by carmaker Toyota, filed for an initial public offering in the US on Thursday, in another sign of growing investor interest in new listings and easing regulatory pressures. Activity in the IPO market has picked up pace in recent weeks, buoyed by the US Federal Reserve kicking off … Read more
KEY POINTS Ayesha Ofori handled over £500 million in client money at Goldman Sachs Ofori said she began questioning the absence of women in investing. She founded a platform which has various investment options, such as funds from Vanguard, Blackrock, and HSBC. Ayesha Ofori spent over six years as a wealth adviser at Goldman Sachs, … Read more
A recent Goldman Sachs report revealed that Democratic nominee and current US Vice President Kamala Harris would be better for the US economy if she triumphs over former President Donald Trump to win the upcoming November elections. The investment bank’s analysis revealed that Harris’s win could mean 30,000 more jobs monthly than a Republican win. … Read more
Kamala Harris stretched the truth about the benefits of her economic policies during her testy debate against Donald Trump, according to one of the titans of Wall Street. Goldman Sachs CEO David Solomon called out the Democratic presidential nominee for a claim she made during Tuesday’s showdown in which she touted the investment bank’s analysis … Read more
Goldman Sachs wants to put small business on the agenda at the Donald Trump and Kamala Harris presidential debate on Sept. 10. The banking giant unveiled a billboard campaign in Times Square Monday just a block from ABC global headquarters, where the televised debate will take place. The billboards are part of the advocacy arm of the … Read more
