Goldman (GS) says it's capping compensation for its U.K. partners at £1M ($1.6M) to compensate...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

Goldman (GS) says it's capping compensation for its U.K. partners at £1M ($1.6M) to compensate for the one-time bonus tax announced last month. The decision sets Goldman apart, as most other firms are spreading the penalty out across a much wider swathe of employees.