The bank is also considering whether to unload its $10 billion student-loan portfolio
Peter Zaffino, currently the company's president, will succeed current CEO Brian Duperreault March 1
Stocks pared their losses during the afternoon as the biggest tech companies recovered
Bondholders are getting back just a few cents on the dollar as a result of weakened covenants, explosion in corporate debt
The changes apply to the bank's more senior employees, some of whom may see their salaries boosted by up to 20%
Selling the business could bring in more than $3 billion
CEO David Solomon and his predecessor, Lloyd Blankfein, will return some compensation as part of the deal
A 65-year-old Black executive in the bank's wealth and investment management arm filed a complaint after losing his job while on medical leave for cancer
The European Union's first social bond was vastly oversubscribed, suggesting the market for such securities is underserved
The investor, whose Trian Fund Management has taken 9.9% stakes in both Invesco and Janus, hopes to join Invesco's board
