Goldman Sachs CEO, David Solomon, stated that the competition for talent within the banking sector continues to be strong, despite job cuts across the industry.
Solomon explained that the bank received approximately a million job applications in 2022 with 260,000 of those candidates applying for entry-level roles.
Despite all this, Goldman Sachs has also experienced a 5% increase in compensation costs, specifically $11.9bn, for the first nine months of 2023.
All the week’s industry events straight to your inbox.
By signing up you agree to our terms of use and privacy policy.
7 Bell Yard, London, England, WC2A 2JR
You will soon receive a Reset Password link
By signing up you agree to terms of use and privacy policy.
Continue with Facebook Continue with Google