After posting a record annual profit, US investment bank Goldman Sachs doubled David Solomon’s pay in 2021.

Solomon, chief executive at the Wall Street lender, received a $35m pay package for 2021, the bank said in a securities filing on 28 January. That is up from $17.5m in 2020, when Goldman cut his pay by $10m following the bank’s admission that it broke US laws in its dealings with an investment fund at the heart of a global corruption ring.