Goldman Sachs doubled CEO David Solomon’s pay in 2021 to $35 million after the investment back reported record profits last year. Solomon, 59, received a $35 million pay package for 2021, up from the $17.5 million he earned in 2020 after the Wall Street firm posted significant profits last year. In 2021 the bank reported a net income of $21.64 billion, compared with $9.46 billion a year earlier and a 23% increase in fourth-quarter operating expenses, mainly due to higher compensation and benefits costs,reported.
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