Breaking news from The Wall Street Journal.
News Alert | Goldman CEO David Solomon Takes $10 Million Pay Cut for 1MDB Scandal |
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| Goldman Sachs slashed Chief Executive David Solomon’s 2020 pay by 36%, punishment for the bank’s admission last year that it broke U.S. laws in its dealings with Malaysian investment fund 1MDB. Mr. Solomon received a $17.5 million compensation package for 2020, down from the $27.5 million he got for 2019, according to a securities filing. |
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