Goldman Sachs has offered CEO David Solomon a lucrative compensation package to secure his leadership for the next five years.

Retention bonus, and big pay raise, quell any more questions about the CEO’s ability to stay in place

The ways AI is changing the work of bankers and analysts just got clearer at the Wall Street bank.

It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.

Goldman Sachs' CEO David Solomon said AI can write 95 per cent of an IPO prospectus accurately, and people are now required for the last 5 per cent of the report.