Goldman Sachs Group Inc. awarded Chief Executive Officer Lloyd C. Blankfein a $6 million cash bonus to be paid out in three years if he meets certain targets, on top of $23 million in 2013 compensation.
Hedge-fund managers Joseph DiMenna and James Dinan helped raise $1.2 million for the School of American Ballet last night, with tables at the academy’s annual Winter Ball priced as high as $100,000, or $10,000 a seat.
Goldman Sachs Group Inc. said J. Michael Evans, a vice chairman who ran emerging markets and was seen as a potential successor to Chief Executive Officer Lloyd C. Blankfein, is retiring after more than 20 years at the bank.
The announced year-end retirement of J. Michael Evans, the 56-year-old vice chairman of Goldman Sachs Group Inc., sends the not-so-subtle message to the firm's rank-and-file that in GoldmanWorld, raw power grabs are frowned upon.
Goldman Sachs Group Inc. expects emerging markets to provide a greater share of its revenue once the global economy recovers, after proving “resilient” in the current crisis, Vice Chairman J. Michael Evans said.