![]() The finance mogul allegedly raked in around 20 million for the past. “John was a dedicated, driven member of our Controllers team working closely with our Asset and Wealth Management business. Blankfein was worth well over 1 billion as of 2017 - however, by now, it could be even more. “We are all shocked and saddened to learn of John’s tragic passing,” Goldman Sachs CEO and chairman David Solomon said in a Wednesday statement. “This was not accidental,” Ms Kostecka, 25, told Fox. Sara Kostecka, a friend of Mr Castic, told Fox that he had been working at the bank for around a year and that he had been very excited about getting the job.Ī number of his friends have said that the death is suspicious, noting that Mr Castic isn’t someone who would do something reckless. When the Castic family visited the banker’s East Village apartment that he shared with his roommates, they found nothing out of the ordinary. “We really don’t have answers yet,” he said. It’s unclear where he was between 2.30am when he left the venue and 3.51am when his phone’s location was recorded, and why he was shirtless when he was found, his father told Fox. Walking from the venue to the bridge takes about eight minutes. Jeffrey Castic said questions remain about his son’s death – security footage shows the 27-year-old walking with a steady footing after leaving the concert venue.Īt 3.51am, his phone showed his location at the Metropolitan Avenue Bridge, close to where his body was later discovered before the phone shut down. The father of Mr Clemente has said that he’s still waiting for the results of an autopsy and a toxicology report. He still had his phone and wallet on him. Mr Castic had left a concert at the club at 2.30am on 29 July.Ī passerby saw his shirtless body in the water on 1 August in the creek, which is located in a more remote area of the city which includes warehouses and factories. While the medical examiner is waiting to receive a toxicology report, police have told the father that they think the younger Mr Castic was impaired by alcohol and possibly drugs at the time of his death. Goldman Sachs, which said in January it would cut 5 percent of its jobs, has upped that figure to 15, according to. He was a bright, charismatic, caring and hardworking young man.” No, thats not a ticker-tape parade over Wall Street. Goldman Sachs CEO David Solomon speaks onstage at Day 2 of the Vanity Fair New Establishment Summit 2018 at The Wallis Annenberg Center for the Performing Arts on October 10. “At the moment we’re trying to focus on the positive of his life. “The coroner’s office has confirmed that he drowned,” he said. Mr Castic’s father, Jeffrey Castic, told Fox News Digital that the city’s medical examiner told him his son had drowned. Mr Castic, who is from Chicago, visited the club on 29 July and his body was found on 1 August, while Mr Clemente visited the venue on 11 June with his remains being found in the creek on 16 June. ![]() I DJ’d at her wedding."ĭavid Hollerith is a senior reporter for Yahoo Finance covering banking, crypto and other areas in finance.Ĭlick here for in-depth analysis of the latest stock market news and events moving stock prices. "I’m very passionate about making music,” Solomon said. 1 priority "is Goldman Sachs."īut Solomon said that doesn’t mean he has to give it up altogether. ![]() "It was clear that the press was making it a distraction," he said, noting that his No. He said he no longer plays at public music events, as he once did, due to press reports about the hobby. The CEO on Tuesday did clear up one bit of speculation this year - whether he would continue with his side gig as a DJ. However, Reuters reported earlier this month that senior Goldman executives including Solomon have discussed giving larger bonuses to a small group of traders and investment bankers to retain the top talent. In the New York securities industry overall average bonuses are expected to decline further this year, according to a separate analysis from the Office of the New York State Comptroller. In investment banking and commercial banking, pay incentives are projected to be flat from 2022 and below levels for the three previous years. Bonuses in the financial service industry are expected to be flat or down for the year, according to a third quarter report from Johnson Associates.
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