David Solomon

Goldman's 2Q profit surges on record trading revenue


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.


Bankers look to Asia for glimpse of what U.S. recovery could look like


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.


Goldman CEO says his firm doesn't need a deal like E-Trade


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


Goldman’s green goal; Biggest U.K. banks ace stress test


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.


Goldman Sachs explores creating a digital coin like JPMorgan’s


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


Dimon, other CEOs would testify each year under Democratic bill


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.


Goldman Sachs plans wealth product aimed at mass affluent


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


What the new Apple credit card means for Goldman Sachs


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.


Goldman CEO’s political concerns; Wall Street eyes corporate HR


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


Solomon forms his team; AIG not dazzling investors


Goldman’s next CEO names a new president and replaces the CFO; insurance giant shares remain at a 25% discount to book value.