Equal pay for Goldman's top ranks

All's fair in love and war - and investment banking.

Reuters reports that Goldman Sachs said its newly promoted co-chief operating officers and chief financial officer would each receive a $1.85 million (£1.5 million) base salary as part of their broader compensation packages.

The Wall Street bank's pay disclosures come days after the appointments, and as the race to succeed Chief Executive Lloyd Blankfein – who has been in his role for more than a decade – heats up.

It is the first time that two of the executives, incoming co-COO David Solomon and incoming CFO Martin Chavez, will have their compensation disclosed publicly.

Hit the link below to access the complete Reuters article:

Goldman says newly promoted COOs and CFO to get same base salary

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