Financials Lloyd Blankfein

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  • The Wall Street bank's net revenue fell 40.3 percent in the three months ended March 31 to its lowest since the third quarter of 2011.. Goldman- the last of the big U.S. banks to release first-quarter results- reported a 56.3 percent fall in net income applicable to common shareholders to $1.2 billion, or $2.68 per share, for the three months ended March 31.

  • Investment bank Goldman Sachs said its first quarter profits dropped by 56 percent from a year earlier, as the Wall Street firm was not immune from the difficult trading environment last quarter that hurt much of its competition. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.57 per share.

  • April 8- Goldman Sachs Group Inc paid Chief Executive Lloyd Blankfein $22.6 million for 2015, according to a regulatory filing on Friday, marking his first pay decline in four years. On top of his salary and other awards, Blankfein is eligible to receive a total of $7 million based on the bank's performance over the next eight years as part of Goldman's long-term...

  • April 8- Goldman Sachs Group Inc paid Chief Executive Lloyd Blankfein $22.6 million for 2015, according to a regulatory filing on Friday, marking his first pay decline in four years. According to the filing, Blankfein's compensation for 2015 included stock awards of $13.9 million and a bonus of $6.3 million. JPMorgan Chase& Co, the biggest U.S. bank by assets, said...

  • LONDON, March 17- Average pay at Goldman Sachs' European arm fell 15 percent year-on-year as turbulent markets discouraged companies from listing on stock markets, hitting the bank's underwriting business hard. Each employee received around $400,000 in wages on average, down from about $470,000 in 2014, according to Reuters calculations.

  • March 15- E. Gerald Corrigan has gotten used to big change during his career in government and on Wall Street. Now, at age 75, Corrigan will make a change of his own, with plans to retire from the Wall Street bank. He meets with important clients, is chairman of Goldman's two deposit-gathering banks in New York and London, which are key to the broader company's future...

  • LONDON, March 4- Goldman Sachs is cutting between five and 10 percent of staff in its fixed income and currency trading business, a source familiar with the matter said on Friday. A spokesman for Goldman in New York declined to comment. "We can absolutely do a lot more on the cost side if we have to, especially now, when you have to deliver a return," Blankfein told a...

  • Bank do terrible job of defending themselves: Jimmy Dunne

    Jimmy Dunne, Sandler O'Neill, weighs in on "political" comments made by Neel Kashari about breaking up big banks.

  • Feb 18- Citigroup Inc raised Chief Executive Michael Corbat's pay by an estimated 27 percent in 2015, a year in which the bank's profit more than doubled. Corbat earned an estimated $16.5 million in 2015, including deferred shares worth about $4.5 million. James Forese, chief executive of Citi's Institutional Clients Group, was paid $16 million, up 18.5 percent...

  • Feb 9- Goldman Sachs Group Inc and other U.S. banks are looking at ways to slash expenses further this year as market turmoil, declining oil prices and concerns about Germany's Deutsche Bank AG have sent the sector's shares down sharply. "We can absolutely do a lot more on the cost side if we have to, especially now, when you have to deliver a return," Goldman Chief...

  • A trader on the floor of the New York Stock Exchange.

    Goldman Sachs continues to bring on more compliance professionals to work through regulatory requirements.

  • Feb 9- Goldman Sachs Group Inc's chief executive officer signaled the U.S. bank could cut costs yet again as market turmoil, declining oil prices and concerns about Germany's Deutsche Bank AG have cratered the sector's shares this year. "We can absolutely do a lot more on the cost side if we have to, especially now, when you have to deliver a return," CEO Lloyd Blankfein...

  • Lloyd Blankfein, chairman and CEO of Goldman Sachs.

    Goldman Sachs chief Lloyd Blankfein also tells CNBC he's feeling "pretty good" after getting treatment for lymphoma.

  • Feb 3- Lloyd Blankfein, chief executive and chairman of Goldman Sachs Group Inc, said on Wednesday he was "feeling great" after his cancer treatment. The New Yorker is credited with helping to keep the company afloat during the financial crisis with an early decision to rein in exposure to risky mortgage-backed securities and a successful appeal to Warren...

  • Feb 3- Lloyd Blankfein, chief executive and chairman of Goldman Sachs Group Inc, told CNBC on Wednesday that he is "feeling great" after the treatment for lymphoma. In his first interview after revealing in September that he had a "highly curable" form of cancer, Blankfein said he had undergone 600 hours of chemotherapy. The Wall Street bank's chairman also discussed...

  • Blankfein on politics

    Lloyd Blankfein, Goldman Sachs chairman & CEO, shares his thoughts on the current political landscape, the outlook on China and entrepreneurship.

  • GS CEO: Interesting time in the market

    Lloyd Blankfein, Goldman Sachs chairman & CEO, shares his thoughts on the current market turmoil.

  • Lloyd Blankfein: Feeling great after my cancer treatments

    Lloyd Blankfein, Goldman Sachs chairman & CEO, shares his experience dealing with treatment after his diagnosis of lymphoma. It was all pretty manageable, says Blankfein.

  • Jan 27- Goldman Sachs Group Inc Chief Executive Lloyd Blankfein will speak at an upcoming financial services conference, marking one of his first public appearances since being diagnosed with lymphoma in September. Blankfein will present on behalf of the Wall Street bank at the Credit Suisse AG financial services forum in Miami Beach in February, Goldman...

  • Jan 25- Healthcare IT company Cerner Corp's Chief Executive, Neal Patterson, said he had been diagnosed with a curable soft tissue cancer and that he planned to start treatment immediately. The Kansas City, Missouri- based company's shares were down about 1.27 percent at $56.65 on Monday. JPMorgan Chase& Co CEO Jamie Dimon revealed in July 2014 that he had a curable...