Goldman Sachs Group Inc. Vice Chairman Michael Sherwood was granted a bonus in shares worth almost $10 million, exceeding the $7 million awarded to Chairman and Chief Executive Officer Lloyd Blankfein, the Sunday Times in London reported.
From a corner conference room overlooking the Thames, Michael Sherwood, a vice chairman of Goldman Sachs Group Inc., has the guts to voice publicly what many in London’s centuries-old financial district are increasingly worried about behind closed doors: that threats to Britain’s membership in the European Union are threats to British business.
Goldman Sachs Group Inc. , the fifth- largest U.S. bank by assets, gave its London co-Chief Executive Officer Michael Sherwood a 9-million pound ($14.3 million) stock bonus for 2010, the Sunday Times reported.
U.S. banks Goldman Sachs Group Inc., Citigroup Inc. and Morgan Stanley will find it harder to compete in Russia after sending their “second string” to President Vladimir Putin’s economic forum as the country tilts toward Asia, according to Alexis Rodzianko, president of the American Chamber of Commerce in Moscow.
Michael Ovitz, the former Hollywood agent whose company was said to have created enemies “the way a hurricane produces raindrops,” first met Gary Cohn over lunch at Goldman Sachs Group Inc.’s headquarters in June 2009.