The Wall Street giant's say-on-pay resolution garnered 66% support, down from 86% last year. Other banks' pay packages are also facing opposition from proxy advisory firms.

Shares of banks and other financial institutions rose as President Trump relieved pressure on Federal Reserve Chair Jerome Powell. Trump denied that he ever had intentions to fire Powell, even as The ...

The Wall Street giant bets big on retention over results, igniting a fierce debate on pay, power, and performance.

Goldman Sachs Group won support from a majority of shareholders on its controversial pay packages for top executives ...

The investment bank has won approval from shareholders for $US80 million executive bonuses for CEO David Solomon and ...

Goldman Sachs shareholders voted to approve pay packages, including hefty retention bonuses, for top executives CEO David ...

Proxy adviser Glass Lewis had earlier recommended investors cast vote against the compensation plans, citing the bank’s “continued inability to align pay with performance.” ...

Corporations like Target, McDonald’s and Delta donated to Trump’s inaugural committee after skipping the last two cycles. Now ...

Goldman Sachs received the lowest level of shareholder support for its executives’ pay packages in almost a decade, following ...

The approval of the pay proposal, which handsomely compensates its CEO and president, bolsters claims that big payouts are a ...

NEW YORK (Reuters) -Goldman Sachs shareholders voted to approve pay packages, including hefty retention bonuses, for top ...