Big Banks Embrace Private Markets
This is a news story, published by Yahoo Finance, that relates primarily to David Solomon's news.
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GoldmanYahoo Finance
•Goldman Sachs is sounding (and acting) a lot more like private equity
80% Informative
Goldman Sachs is one of the oldest and best known investment banks on Wall Street.
CEO David Solomon's pay package includes $80 million to stay five more years and an $8 million raise for performance in 2024 .
Goldman 's approach follows a series of alliances struck last year between traditional banks and alternative asset managers angling for bigger stakes in the $1.7 trillion private credit market.
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86
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47
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English
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