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“If I were running a big company, I would be very prepared for it,” Blankfein said on CBS’s “Face the Nation” on Sunday. “If I was a consumer, I’d be prepared for it.”
Goldman last year tweaked some awards granted almost a decade ago so it could hold back payments depending on how the Malaysian 1MDB saga panned out.
Goldman Sachs had been considering launching a new trading operation for the past one year which would focus on bitcoin and other digital currencies.
Blankfein, however, did not want to dismiss cryptocurrencies completely.
Blankfein, 63, has run Goldman since 2006, and ran the New York firm through the housing market bubble and subsequent financial crisis.
Analysts are hoping Blankfein will talk about bond trading on Tuesday and also provide more details on the revenue growth initiative.
In a voicemail to employees on Sunday, Blankfein said diversity was a hallmark of Goldman's success, and if the temporary freeze became permanent, it could create "disruption" for the bank and its staff.
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.
Months after stepping aside as the CEO of Goldman Sachs, Lloyd Blankfein has opened up about his cancer diagnosis and treatment. Speaking to CNBC, Blankfein said he had to undergo 600 hours of chemotherapy.
Evans ran Goldman's Asia business for almost 10 years, starting in the year the Wall Street outfit opened its brokerage business in the People's Republic. In that capacity he helped pick up and schmooze clients like Alibaba founder Jack Ma.
Morgan Stanley Chairman and CEO James Gorman defended the 25 percent pay hike he was awarded last year – reportedly the highest among Wall Street chief executives – saying it was justified by the bank's performance.
"The market is suggesting a protracted deflationary period," he said. "I don't think it, but that's the sensible way of interpreting what's going on."
The 32-year-old is among the 78 individuals to be promoted to this position, and is one of the five persons of Indian-origin to have made the cut in Goldman Sachs in 2014 class of Partners.
Chairman and CEO of Goldman Sachs, in an interview to CNBC, Lloyd Blankfein says that the Federal Reserve should taper its massive bond buying programme.
Goldman Sachs CEO Lloyd Blankfein has headed up Goldman Sachs since 2006, steering it through the fallout of the global financial crisis of 2007-2008. He said the experience had taught him to accept the reality that the worst thing you can imagine will inevitably happen.
For the second year in a row, Goldman Sachs Group Inc fended off a shareholder proposal that could have led to a messy public vote to strip Chief Executive Lloyd Blankfein of his chairman's title.
Goldman Sachs CEO Lloyd Blankfein described President Barack Obama's plan for Washington to reach an agreement on the "fiscal cliff" as detailed and "very credible." However, he cautioned that marginal income tax rates may have to rise to seal a deal.
Goldman Sachs CEO Lloyd Blankfein testified today that the company's former director Rajat Gupta, accused of insider trading, was not authorised to divulge 'market-moving' information he received as a board member to outsiders before the public announcements.
Lloyd Blankfein, the chief executive of Goldman Sachs Group Inc, told jurors at the insider-trading trial of one of the bank's former directors that "all parts" of a 2008 board meeting the two attended were confidential.
Goldman Sachs Group Inc chief executive Lloyd Blankfein received a USD 16.2 million pay package last year, a 14.5% increase that came primarily from a salary bump and greater stock rewards.
Goldman Sachs Group Inc Chief Executive Officer Lloyd Blankfein and Chief Financial Officer David Viniar could be asked to testify in former board member Rajat Gupta's civil insider-trading case, according to court documents.
Goldman Sachs names 261 new managing directors
If you need to hire Reid Weingarten, your career has probably hit a rough patch.
Goldman Sachs Group Inc chief Lloyd Blankfein testified that former director Rajat Gupta violated confidentiality by leaking boardroom secrets to hedge fund manager Raj Rajaratnam.
Goldman Sachs Group Inc Chief Executive Lloyd Blankfein was set to testify on Wednesday as a government witness at the trial of hedge fund manager Raj Rajaratnam, intensifying the focus on what is already the biggest insider trading case in decades.
