Sridhar Natarajan

Sridhar Natarajan

December 06, 2022 | Daily Business Review

Wells Fargo Looking at Paying Depositors More: Goldman Update

Wells Fargo & Co. Chief Executive Officer Charlie Scharf said the bank is working to find the right balance of how much to raise the rates it's paying depositors while protecting the firm's profitability.

By Sridhar Natarajan and Kevin Orland, Bloomberg News

2 minute read

October 18, 2022 | Daily Business Review

Goldman Shakes Up Leadership Ranks in Yet Another Overhaul

Goldman Sachs plans to once again combine its expanded asset-management and private-wealth businesses into one unit and will fuse its investment-banking and trading operations under one group.

By Sridhar Natarajan

4 minute read

September 01, 2022 | Daily Business Review

Goldman Hires Trump China Trade War, IMF Vet Okamoto

Geoffrey Okamoto worked for then-Treasury Secretary Steven Mnuchin on international affairs, including trade negotiations with China that led to the so-called phase one agreement.

By Eric Martin and Sridhar Natarajan

3 minute read

July 18, 2022 | Daily Business Review

Goldman Traders Rescue Results From Investment-Banking Slump

Goldman Sachs was the last of the six biggest U.S. banks to post results, with investors scouring the reports for clues on the health of the economy.

By Sridhar Natarajan

4 minute read

July 14, 2022 | Daily Business Review

Morgan Stanley Hit by Banking Slump as Recession Fears Loom

Surging inflation and Federal Reserve efforts to help combat it have put investors on watch for a recession and the spillover effect an economic contraction can have for financial firms.

By Sridhar Natarajan

4 minute read

April 08, 2022 | Daily Business Review

Goldman's Special CEO Bonus Is Rebuked by Shareholder Adviser

Glass Lewis, a major voice on annual shareholder votes, is recommending Goldman Sachs investors vote against a pay package that puts CEO David Solomon, pictured, and John Waldron, the bank's president, in line for about $50 million in one-time bonuses.

By Sridhar Natarajan

4 minute read

March 10, 2022 | Daily Business Review

Goldman Sachs to Exit Russia in Wall Street's First Pullout

Goldman Sachs has maintained a presence in Russia in recent years, but the country doesn't amount to a meaningful portion of its global banking business.

By Sridhar Natarajan

2 minute read

March 04, 2022 | Daily Business Review

Wall Street Is Pouncing on Russia's Cheap Corporate Debt

Finding ways to wager on distressed securities is standard fare on Wall Street, but doing so in the wake of Russia's widely condemned invasion of Ukraine brings unique risks.

By Laura Benitez, Sridhar Natarajan and Katia Porzecanski

4 minute read

January 24, 2022 | Daily Business Review

Goldman Shakes Up $1.7 Trillion Unit With Slew of Changes at Top

Goldman Sachs CEO David Solomon has installed at least one executive from investment banking, the division he used to run, in a leadership role at each of Goldman's four business lines.

By Sridhar Natarajan

4 minute read

January 13, 2022 | Daily Business Review

Goldman Commodities Trading Desk Is Minting Billions Again

When veteran dealmaker David Solomon, above, took over as Goldman Sachs CEO in 2018, the team of colleagues he elevated sweated over the capital allocated to commodities, the paltry revenue it was generating and the miserable return on equity that might antagonize shareholders.

By Sridhar Natarajan and Jack Farchy

5 minute read