September 8, 2026

London Globe

London News

Goldman Sachs Slams £1.45 Million Paternity Payout as Excessive

Goldman Sachs Slams £1.45 Million Paternity Payout as Excessive

Goldman Sachs has refrained from disclosing its intentions regarding an appeal after a former senior executive was awarded £1.45 million by a Tribunal in connection with his dismissal while on paternity leave. This ruling has raised important questions about workplace rights and parental leave policies.

Shifting Investment Preferences

In a related development, senior management at Goldman Sachs has indicated that they view US stocks as increasingly less attractive compared to those in the UK and Europe. This shift in investment strategy may reflect broader economic trends and investor confidence across different markets, prompting a reevaluation of asset allocations.

Expert Insights on Professional Services

Maria Ward-Brennan, the Professional Services Editor at City AM, offers keen insights into the dynamics of law, the Big Four accounting firms, and management consulting. With a background as a litigation reporter at The Lawyer, she brings a wealth of experience to her current role. For further commentary or to engage with her work, she can be reached via email at maria.ward-brennan@cityam.com or on X (formerly Twitter) at @MariaW_B.

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