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Goldman Sachs’ Loyalty Test
Goldman Sachs is reportedly implementing a new loyalty certification system for junior bankers, requiring them to confirm every three months that they haven’t accepted job offers elsewhere. The initiative is part of a broader effort to stem the tide of private equity firms poaching talent early in analysts’ careers, often during or even before their …
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Former UK Prime Minister Rishi Sunak Joins Goldman Sachs as Senior Advisor
Nearly two decades after launching his career at Goldman Sachs, former UK Prime Minister Rishi Sunak is returning to the Wall Street giant, this time in a senior advisory role. Goldman Sachs CEO David Solomon announced Tuesday that Sunak will join the firm to provide strategic counsel on macroeconomic and geopolitical matters. Sunak began his …
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Shell To Acquire BP
Shell is in early talks to acquire BP per the WSJ. The deal could be worth around $80 billion and would potentially mark as the largest oil acquisition of this generation. According to reports, the talks between the representatives are still in the early stages and a representative said discussions are moving slowly. Currently BP …