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Goldman Sachs cuts pay and bonuses as profits halve

By: Yossel in NUTS & BOLTS | Recommend this post (0)
Wed, 18 Jan 12 7:05 PM | 91 view(s)
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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




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