JPMorgan Chase said Thursday that it has hired Robert Cummings Jr., a former senior deal-maker at Goldman Sachs, as vice chairman of its investment banking group. Mr. Cummings worked at Goldman for 27 years, specializing in mergers and acquisitions and strategic financing, before stepping down in 2001 to study art history at Columbia. He currently [...]
Apollo Global Management has named Marc Spilker, a former Goldman Sachs Group executive, to the new position of president, as the private equity firm bolsters its management ranks to ready itself for life as a publicly traded company. Mr. Spilker, who joins Apollo on Wednesday, will run the day-to-day operations of Apollo and sit on [...]
Chip East/ReutersSergey Aleynikov, a former programmer for Goldman Sachs, has begun trial on charges that he stole trading code from the firm. Is Sergey Aleynikov an evil computer scientist who brazenly stole valuable, closely guarded trading code from Goldman Sachs, his former employer? Or is he a humble Russian immigrant who, upon leaving his programming [...]
Bill Cunningham/The New York Times Jon S. Corzine and Sharon Elghanayan. Jon S. Corzine, the only man to have led both Goldman Sachs and the state of New Jersey, was married to Sharon Elghanayan, his long-time partner, last week before the Thanksgiving holidays. Mr. Corzine and Ms. Elghanayan, a psychotherapist and Newark native who more [...]
Jin Lee/Bloomberg News College newspapers have always been home to short-tempered columnists raging against the establishment, but Tony Manfred, a history major at Cornell, struck an especially bitter tone this week. His column, which was featured in the op-ed section of The Cornell Daily Sun, was headlined: “Throw Goldman Sachs Off Campus.” “Goldman Sachs is [...]
Goldman Sachs reaped more than $75 million in trading revenue on 31 separate days in the third quarter, an impressive showing, but down from previous quarters this year. The firm disclosed on Tuesday in a filing with the Securities and Exchange Commission that its daily trading revenue dipped into the red on just two days [...]
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