Goldman Sachs, Carlyle CEOs Race to $50 Million Bonuses With Trump Election Win

David Solomon, Harvey Schwartz, and Jamie Dimon
David Solomon, Harvey Schwartz, and Jamie Dimon Photographer: Jeenah Moon, Christopher Goodney, Kent Nishimura/Bloomberg

Donald Trump ’s return to the White House is already starting to tee up a deluge of bonuses in Wall Street’s corridors of power.

At Goldman Sachs Group Inc., the prospect that investment banks and buyout shops will again be among the top beneficiaries of Trump’s regulatory and tax agenda has sent its stock price soaring. If the gains hold over coming weeks, it will trigger a key threshold for David Solomon to eventually collect a special payout, which at current performance levels would be worth at least $50 million.

all articles