David Solomon

Goldman’s consumer bank will take longer to break even, CEO says

01/19/21

Its Marcus unit continues to invest in new products and business lines, delaying its path to profitability, according to Goldman Sachs CEO David Solomon.

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Goldman's 2Q profit surges on record trading revenue

07/15/20

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.

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

06/24/20

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.

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

02/27/20

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

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

12/17/19

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.

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Goldman Sachs explores creating a digital coin like JPMorgan’s

06/28/19

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

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Dimon, other CEOs would testify each year under Democratic bill

05/15/19

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.

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Goldman Sachs plans wealth product aimed at mass affluent

04/15/19

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

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What the new Apple credit card means for Goldman Sachs

03/25/19

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.

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

02/13/19

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

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