Goldman Sachs CEO David Solomon gets $10 million pay cut over bank's role in 1MDB scandal

Goldman Sachs CEO David Solomon gets $10 million pay cut over bank's role in 1MDB scandal

The pay cut for Solomon reflects prior penalties imposed on the bank and not Solomon's own conduct, the SEC filing said.

Goldman Sachs CEO David Solomon saw his pay slashed by just over a third for 2020 as part of a punishment for the bank's role in the 1MDB scandal. The bank, which saw its highest revenue in over a d… [+3281 chars]

Read full article | Read comments

0 comments

More business news