Goldman Sachs Settles with $215M

Goldman Sachs Settles with $215M

Goldman Sachs will settle a lawsuit that has lasted over a decade by paying over $200 million to women who have alleged discrimination by the investment company. The lawsuit was originally filed in 2010 by Christina Chen-Oster and Shanna Orlich. They claimed that the...
Women of Business: Edith Cooper

Women of Business: Edith Cooper

How do you work to attract new graduates to your finance company? According to Edith Cooper, Goldman Sachs’ head of human capital investment, you provide a chance for them to gain meaning. “Folks that are coming into the firm out of universities are looking to do...
Goldman Sachs to Pay Up to the Tune of $5 Billion

Goldman Sachs to Pay Up to the Tune of $5 Billion

Goldman Sachs Group Inc. announced today that they have agreed to pay $5.06 billion to settle claims related to misleading investors between 2005 and 2007. Goldman Sachs’s actions led to much of the economic distress during the 2008 recession. According to the...
Lazard’s Quarterly Report Exceeds Expectations

Lazard’s Quarterly Report Exceeds Expectations

Last Thursday, asset management firm Lazard reported a high profit surge in M&A, releasing a fourth-quarter earnings report that went beyond analysts’ expectations. Business Bigwigs wrote earlier in 2014 that Lazard was one of the many stocks to watch due to the...
Are Big Banks Considering Breaking Up?

Are Big Banks Considering Breaking Up?

A recent Goldman Sachs report suggests that JPMorgan Chase should potentially consider breaking up its business, a trend that big banks are beginning to lean towards. Some corporate banking CEOs, such as Goldman Sachs’s Lloyd Blankfein, explained that many financial...