God vs Goldman Sachs: Justin Welby slams ‘unethical’ work practices April 8, 2021 The Archbishop of Canterbury has this morning slammed Goldman Sachs over its treatment of junior staff after it emerged that some employees had been working an average of 100 hours a week. Since its “inhumane” workplace practices were made public last month, the Wall Street bank has faced severe criticism on several fronts. Speaking to [...]
Women of the City: Joanne Hannaford at Goldman Sachs April 7, 2021 In this series, City PM zooms in on a range of successful women in the Square Mile, some being movers and shakers in their respective fields – rule makers, not rule takers – while others are rising stars worth keeping an eye on. Today: Joanne Hannaford, head of engineering in EMEA and head of regulatory [...]
JP Morgan and Goldman Sachs staffers return to London in droves April 6, 2021 Bankers at JP Morgan and Goldman Sachs have returned to their London offices in droves, as the UK continues to inch out of lockdown. Around 15 per cent of JP Morgan’s staff in the City – some 1,800 people – went into the office last week, up from about 10 per cent at Christmas. For [...]
Goldman Sachs boss praises staff for speaking out against ‘inhumane’ treatment and 100-hour weeks March 23, 2021 Goldman Sachs boss praises staff for speaking out against 'inhumane' treatment and 100-hour weeks
Citigroup offers London staff Covid tests as part of back-to-office plan March 11, 2021 Citigroup offers London staff Covid tests as part of back-to-office plan
Goldman Sachs plans to scrap virtual internships in drive to end remote working March 10, 2021 Goldman Sachs told incoming summer analysts this year’s internship will be in-person, breaking with the majority of its investment bank rivals that plan to keep their internships virtually. The move, first reported by Financial News, will apply to internships globally. David Solomon, the chief executive of Goldman Sachs, recently called working from home an “aberration”. [...]
Goldman Sachs-owned Japanese renewables firm up for sale March 9, 2021 Japanese renewables group JRE has been put up for sale by its owners, in a deal expected to draw interest from European firms eager to enter the country’s green power market. Japan Renewable Energy Corporation (JRE) is co-owned by Goldman Sachs and Singapore’s sovereign wealth fund GIC, which took an undisclosed stake in 2017. Interest [...]
Share of Brits working from the office rises to pre-lockdown level, as remote working appeal fades March 5, 2021 Share of Brits working from the office rises to pre-lockdown level
Coming or going? Aviva the latest to cut office space as rival bosses say ‘remote working can’t last’ March 4, 2021 Aviva the latest to cut office space as rival bosses say 'remote working can't last'
Goldman Sachs and Rolls Royce team up with Code First Girls to help close gender skills gap February 25, 2021 Goldman Sachs, Rolls Royce and Bank of America, among others, are teaming up with Code First Girls, a UK group dedicated to closing gender skills gaps and bringing women into technology roles. Code First Girls will provide mentorship programmes along with up to £10,000 in free education to women undertaking technology related training courses. The [...]
