BANKERS BRACE FOR IMPACT: Goldman Sachs reportedly considering cutting bonuses by 40%
Goldman Sachs Asset Management co-CIO for multi-asset solutions Maria Vassalou and Meridian Equity Partners senior managing partner Jonathan Corpina discuss how the Fed can reduce inflation without crashing markets, on 'The Claman Countdown.'may cut bonuses for approximately 3,000 investment bankers, according to a recent media report.
In September, Goldman Sachs laid off 500 employees as the financial sector continued to be rocked by the economic downturn. If implemented, the bonus cuts would be the largest since the 2008 financial crisis.
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