Goldman Sachs seeks return of bonuses from bankers for jumping ship – Bloomberg News

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The bank is looking at confiscating vested stock – usually reserved for cases of misconduct – of executives Omer Ismail and David Stark, the report said. Both had left the Wall Street bank last year.

Goldman is also pulling unvested compensation from executives Gregg Lemkau and Eric Lane who left the bank for companies that would be considered clients, the report added.

The bank did not immediately respond to a Reuters request for comment.

In the face of cutthroat competition, banks around the world have had to come up with perks such as higher pay and bonuses to attract and retain talent as the economy recovers and people look to shift companies.