News Topic: David Solomon

Goldman Sachs Group made the most of a historic market rebound in the second quarter as the Federal Reserve’s stimulus efforts handed a bonanza to Wall Street trading desks. ... Read full article

Top executives from Citigroup and Goldman Sachs offered warnings Wednesday about why the U.S. economy may be slow to bounce back from the coronavirus pandemic. ... Read full article

David Solomon says he isn't feeling any pressure from Morgan Stanley's latest move. ... Read full article

The bank announced a $750 billion plan to “focus on climate transition and inclusive growth”; the seven biggest banks have passed three years in a row. ... Read full article

CEO David Solomon said that Goldman is “absolutely’’ looking at digital currencies and conducting “extensive research’’ on tokenization. ... Read full article

Draft legislation to make annual testimony mandatory for the chiefs of the largest banks was added to the agenda of a House Financial Services Committee hearing set for Thursday. ... Read full article

The investment platform, which is in the early stages of development, will be part of Marcus, the consumer bank Goldman launched in 2016. ... Read full article

The Silicon Valley partnership represents an extension of — but also a departure from — the consumer strategy that Goldman has been pursuing since the launch of its digital consumer bank, Marcus. ... Read full article

Solomon says he expects 2020 presidential aspirants to target banks; corporate human resources’ predictable revenue attracting investment banks’ attention. ... Read full article