Goldman Sachs Executives to Receive Over $500 Million in Special Bonuses

By EC Assets · Published 8 October 2026

Goldman Sachs executives are set to receive more than $500 million in special bonuses. This development was reported by Bloomberg News. The bank's wealth management division was affected by an EY data breach. Goldman Sachs stated its own systems were not compromised and client assets remain secure. Separately, Goldman Sachs Group Inc. is reportedly in discussions to acquire Palmer Square Capital Management. Palmer Square is a credit-focused asset manager that oversees $37 billion. In its asset management arm, Goldman Sachs Group Inc.'s Lindsay Rosner indicated the bank is underweight on the largest artificial intelligence borrowers. This stance comes as a large volume of issuance impacts the market. Analysts at Goldman Sachs Group Inc. and UBS Group AG issued rare sell ratings for Hermès International SCA. They anticipate weaker growth for the luxury brand. Technology stands as the only sector among the S&P 500's 11 sectors to record gains since September 1. This occurred as Treasury yields increased to multi-decade highs. French bonds are experiencing their worst decade since 1803. The spread between France’s 10-year government bond and Germany’s equivalent reached its widest point last week in available Bloomberg data, which dates back to 1990. This article is intended for informational purposes only. It does not constitute investment advice.