Goldman Sachs has increased pay costs for its EU employees by 20%

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Goldman Sachs increases EU staff pay 20% in 2024 as dealmaking fees rise

Investment Banking Editor

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Goldman Sachs has hiked pay for its employees in the EU by 20% so far in 2024, as investment banks look set to bolster bonuses again this year. 

The Wall Street bank has set aside €324m in compensation for employees of Goldman Sachs Bank Europe SE — which houses its post-Brexit hubs — up by 20% year-on-year as employee numbers dropped slightly to 1,057 people. 

The bank has put aside more to pay its employees globally this year

Paul Clarke

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WFjX+ByzOzQzRbMLbYO9b8bBNzXb6rdh+A==

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