David Solomon
Finance
Top earners! Compensation costs at Goldman jumped 33% to $17.7 billion
It is no secret that successful investment bankers on Wall Street are among the top earners on this globe. At Goldman Sachs, top bankers can receive tens of millions in annual bonuses. Despite the Covid-19 pandemic that has been ongoing for almost 2 years, the markets were in a bullish mood in 2021. Thus, compensation costs at Goldman jumped 33% to $17.7 billion for 2021, a whopping $4.4 billion increase fueled mostly by pay increases for good performance, executives said.
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