- Reuters
Hess CEO to join Goldman Sachs board as independent director
John Hess, CEO of Hess Corp , has joined the board of Goldman Sachs as independent director, the Wall Street firm said on Monday. He is the latest addition to the board after senior banking executive Tom Montag joined as an independent director last year. He will also become a member of the Goldman board's compensation, governance and risk committees, the statement said.
- Bloomberg
Jain Global Raises $5.3 Billion, Secures Cash From Abu Dhabi
(Bloomberg) -- Bobby Jain has gathered $5.3 billion in commitments for his new multistrategy hedge fund, marking the biggest fundraising haul since ExodusPoint Capital Management’s record debut.Most Read from BloombergBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Jain Global Raises $5.3 Billion, Secures Cash From Abu DhabiNvidia’s 13% Stock Rout Has Traders Scouring Charts for SupportHow Long Can High Rates Last? Bond Markets Say Maybe ForeverTech Hits Stocks as Nvidia Extends S
- Fortune
Goldman Sachs is soaring after it axed consumer banking—analysts see stock over $500
After a much maligned diversion into retail banking Goldman’s return to its core competencies has helped the bank beat the S&P 500 so far this year.
