Goldman Sachs Bonuses To Be Paid In Stock For Top Execs

NEW YORK — Goldman Sachs Group Inc.’s top executives will not receive cash bonuses this year, as the Wall Street giant bows to sharp criticism over its pay practices.

The 30 high-ranking executives will instead receive stock that cannot be sold for at least five years, the New York-based bank said Thursday.

Read more: Lloyd Blankfein, Goldman Sachs, Wall Street Bonuses, Wall Street, Goldman Bonuses, $GS, Wall Street Pay, Business News


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