A spokesperson for Tehran’s Khatam al-Anbiya military command headquarters had

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Total return swap is a derivative ​contract that

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“We’re watching very closely to see if there’s been a little

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Deutsche’s head of technology, data, and innovation, Bernd Leukert, told Bloomberg News that it is

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The Wall Street giant is preparing to remove race, gender identity, sexual orientation, and other diversity factors from the criteria its board will consider when identifying potential candidates, the report said, citing people familiar with the matter.

The board’s governance committee currently finds qualified candidates based primarily on four factors, one of which is a broad description of diversity, such as viewpoints, background, work, and military service, in addition to “other demographics” that include a list of DEI factors.

Now it plans to cross off the “other demographics,” including race, gender identity, ethnicity, and sexual orientation, the people said.

Goldman’s (GS) decision followed a behind-the-scenes request from the conservative activist nonprofit National Legal and Policy Center, which owns a small stake in the bank. The group submitted a proposal to the firm in September, seeking to remove the DEI criteria, the people said. The group requested its proposal be included in Goldman’s proxy statement that will be circulated to shareholders ahead of the firm’s annual shareholder meeting this spring.

Goldman informed the NLPC that it plans to remove the DEI criteria, and an agreement was signed between the two parties that also includes the activist group withdrawing its proposal, the report said. Goldman’s board is expected to approve the new language this month.

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Ruemmler said she would step down as Goldman’s (GS) chief legal officer

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For the past six months, the two companies have been working to develop autonomous agents in at least two specific areas – accounting for trades and transactions and client vetting and onboarding. The development based on Anthropic’s Claude model is in the early stages, according to Marco Argenti.

Argenti expects to launch the agents soon, the Friday, February 6, report noted.

Recently, the bank deployed an autonomous AI coder called Devin, and found that Anthropic’s AI model could also work in other parts of the bank, CNBC noted.

Next, agents could be developed for tasks like employee surveillance or making investment banking pitchbooks, according to the chief information officer.

In October 2025, Goldman’s CEO David Solomon had said in a televised interview that he sees AI boosting his firm’s capacity to grow.

Like many other technologies, AI will affect staffing levels.”Technology has been having an impact on headcount — the way people work, what workers you have — for decades and decades and decades,” Solomon had then said.

Meanwhile, Argenti reportedly said that it was premature to expect job losses, but Goldman could cut out third-party providers as AI technology matures.

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As is usual for this time of year, executives have started communicating compensation decisions to middle managers recently, Bloomberg reported, citing people familiar with the matter. The total increase in the bonus size, however, doesn’t provide the extent of outsized bonuses that the biggest dealmakers will get or the possibility of no bonuses for underperformers.

In 2025, the three banks’ investment banking revenue totaled $25.7B, up 12% from 2024, and their combined trading revenue of $87.7B increased 16% Y/Y, Bloomberg said.

It’s a similar story at some European banks. BNP Paribas SA (BNPQF) (BNPQY) is considering boosting bonuses for its global markets division by almost 10%, with traders getting some of the biggest increases at the bank after a record year for the unit, Bloomberg reported separately.

However, that’s not the only factor in determining the bonus pool. The companies want to keep expenses down, putting additional attention on staffing and compensation structures. At HSBC (HSBC), for example, some bankers are getting little, if any, bonuses as they adopt a harsher “eat-what-you-kill” approach, the report said.

JPMorgan (JPM) stock rose 3.8%, Goldman Sachs (GS) climbed 3.5%, and Bank of America increased 2.4% in Friday morning trading, amid a broader equities rebound following three straight days of declines for the S&P 500 and Nasdaq.

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The new promotions reflect the bank’s push to grow its Asset & Wealth Management business, it said.

“The opportunity to continue to grow our franchise across AWM is a core strategic objective for the firm, and this group of leaders will help us advance our goals as we continue to build a global, scaled AWM platform,” Chairman and CEO David Solomon said in a statement.

The partners named to the management committee are:

• James Reynolds, global co-head of Private Credit within Goldman Sachs Asset Management and chief executive officer of Goldman Sachs Asset Management International;
• Vivek Bantwal, global co-head of Private Credit within Goldman Sachs Asset Management;
• Michael Brandmeyer, global head and chief investment officer of the External Investing Group within Goldman Sachs Asset Management;
• John Mallory, will become global co-head of Wealth Management;
• Kristin Olson, global head of Alternatives for Wealth within AWM;
• Nishi Somaiya, will become global co-head of Wealth Management; and
• Gregory Calnon, global co-head of Public Investing within Goldman Sachs Asset Management.

Goldman Sachs (GS) stock rose 1.2% in Monday morning trading.

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He received a $2M base salary along with a $45M bonus in the form of stock, cash and carried interest, according to a U.S. Securities and Exchange Commission filing.

In making its determination, the compensation committee considered a slew of positive developments, from significant shareholder value (+57% total shareholder return, +33% in quarterly dividend, and +6.2% book value per share) to strong financial performance (+27% in diluted EPS and a 230-basis-point improvement in return on average common equity).

By comparison, JPMorgan Chase (JPM) CEO Jamie Dimon earned $43M in 2025, up 10.2% Y/Y.

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