Goldman Sachs slashes pay for London staff by 40%

Last year, Goldman Sachs made its deepest job cuts since the 2008 financial crisis, slashing pay for its London-based staff by 40%. Photo: Goldman Sachs metallised text on office wall, Getty Images According to its annual report released on 28 March, the bank paid out $1.9bn in compensation costs for its 3,882 employees at Goldman...