All the latest Goldman Sachs news this Friday
Goldman Sachs has received more than 17,000 applications for its investment banking summer internship programme.
'We are having no problem attracting people', Gary Cohn, Goldman Sachs' president and chief operating officer, told an investor conference in New York on Thursday. The bank hired 350 interns out of the 17,000 applicants, he said.
The 10-week program, which kicked off with an orientation on Thursday in the bank’s Jersey City offices, is supposed to immerse the summer analysts in the Goldman culture and teach them the 'benefits and responsibilities of being a member of Goldman Sachs', according to the firm’s website.
Students entering the program are typically in their summer between junior and senior year in college.
There was an audible cringe on Wall Street when Goldman Sachs Elevator (@gselevator, GSE) started Tweeting. It may have even been louder than the laughter.
The banker behind GSE agreed to talk to Business Insider because he's joining Gentology, an eCommerce site just for men where celebrities like the NBA's Paul Pierce and rappers 3 Six Mafia hand pick their favorite products, from apparel to gadgets, to sell on the site. They're called Celebrity Curators, and obviously, GSE's celebrity lives in the same space as Gentology — online.
Within minutes of speaking with Brit Marling, you realize she isn’t like most young actresses. Sure, she’s pretty - stunning, actually. She has a breezy aplomb, à la Emma Stone or Jennifer Lawrence, which makes you think, I’d totally grab beers with her.
The 29-year-old actress graduated from Georgetown University with an economics degree back in 2005, but turned down a job offer from Goldman Sachs after a summer internship in favor of trying to make a go of it in the film industry.
Her big breakthrough came during the 2011 Sundance Film Festival, when two movies she co-wrote and starred in premiered - the sci-fi drama Another Earth, directed by her Georgetown pal Mike Cahill, and another college friend Zal Batmanglij’s Sound of My Voice, about a mysterious cult.
A former banker hand-picked by chancellor George Osborne to help police the financial system donated hundreds of thousands of pounds to the Conservative Party.
Richard Sharp, a 23 year veteran of Goldman Sachs, donated £402,420 in the decade before the Conservatives returned to power in May 2010, according to official records.
He was appointed in March to the Bank of England’s Financial Policy Committee, the new watchdog set up to protect the public from another financial meltdown.