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The Goldman Sachs Group, Inc. (GSGI34.SA)

São Paulo - São Paulo Delayed price. Currency in BRL
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73.32-1.02 (-1.37%)
As of 01:29PM BRT. Market open.
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    Goldman Sachs scraps EU-era bonus cap for top bankers in UK, source says

    The cap sprung from a 2014 move by the EU, which the UK exited six years later, to try to deter bankers from the kind of excessive risk-taking that was blamed for the global financial crisis of 2008. It limited bonuses to twice the basic pay if shareholders approved. Goldman's move would help it change the way it compensates its "material risk takers", a class of employees whose performance can have a big impact on the bank, the source said, requesting anonymity as the details are confidential.