Goldman Sachs CEO David Solomon and his deputies, who’ve contended with mounting pressure to reward trainees this year, have been searching for ways to juice their own eight-digit pay packages, Bloomberg reports.
Among the ideas floated: partaking in a cut of the richest rewards thrown off by Goldman’s own SPACs, the blank-check companies that are all the rage on Wall Street. They’ve also laid the groundwork for big raises heading into 2022 and pressed, with some success, for incentive packages. Read more.