Robert Steven Kaplan

During his 23-year work at Goldman Sachs, Kaplan held various management positions, including head of the Corporate Finance department, Head of Investment Banking in the Asian-Pacific area, head of the Department of High Country Bonds in Investment Banking, Member of Management Committee and Co-Chairman of the Partnership Committee.

After Kaplan was Vice President of the Federal Reserve Bank of Dallas from August 2015 to October 8, 2021, it was announced in May 2024 that Kaplan will return to Goldman Sachs as Vice Chairman. In this function, he will advise WALL Street customers in the areas of global banking and market system as well as asset management.

In August 2015, Kaplan was appointed head of the Federal Reserve Bank of Dallas with effect from September 2015. At the beginning of September 2021, a form for financial disclosure showed that Kaplan had traded individual shares worth millions of dollars, including Apple, Amazon and Delta Airlines, and 32 individual shares, 27 of which had a value of over $ 1 million, including those of five fossil fuel companies. Kaplan's trading activities were widely criticized because they had undermined confidence in the Federal Reserve. All transactions took place outside the Federal Reserve's financial blocking period and were approved by the bank's compliance department. Senator Elizabeth Warren has asked all President of the Federal Reserve to prevent trading and possession of their own regional shares. Due to the ethical concerns, Kaplan said that he would sell his own stocks.

On September 27, 2021, Kaplan announced that he would resign early from his position as President of the Federal Reserve Bank of Dallas due to his stock market transactions. His departure came into force on October 8, 2021.