18 January 2012 Updated at 08:53 ET
Goldman Sachs cuts pay and bonuses as profits halve
Goldman had a less successful 2011 than the previous year
Big Banking
Citigroup annual profits increase
RBS sells aviation arm for $7.3bn
JP Morgan hit by weaker trading
RBS to cut 3,500 jobs in shake-up
US banking giant Goldman Sachs has cut its pay and bonus payments during 2011 - to $12.2bn (£7.4bn).
link-
http://www.bbc.co.uk/news/business-16610808