David Solomon news and trends

Goldman Sachs Head Predicts M&A ‘Pick-up’ in 2025
Business // November 19, 2024

Goldman Sachs Chairman David Solomon has reportedly predicted stronger capital raising under the next Trump administration. Solomon also said Tuesday (Nov. 19) that there will be a more robust merger and acquisition (M&A) environment under the new president. “Given where we are at the moment, … you’re starting to...

As Consumer Banking Retreats, Goldman Eyes Deeper Dive Into Corporate Markets
Earnings // October 15, 2024

As is always the case when Wall Street heavy hitters weigh in with earnings, the markets and financial trade publications parse the data and management commentary for insight on investment banking. For Goldman Sachs, the latest earnings report on Tuesday (Oct. 15) offered variations on...

Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
Banking // September 11, 2024

Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected. Solomon’s comments came during an interview on CNBC in which he was asked if the exit was messier than Goldman...

Goldman Sachs Appoints Investor Relations Head Carey Halio as Global Treasurer
Personnel // April 11, 2024

Goldman Sachs has promoted its chief strategy officer and global head of investor relations, Carey Halio, to global treasurer. Halio will also become a member of the bank’s management committee, Goldman Sachs CEO David Solomon said in an internal memo dated Thursday (April 11) seen by PYMNTS.  Goldman...

Interviews & Exclusives
Goldman’s GreenSky Sale Shows Building a Consumer Lending Business Is Easier Said Than Done

October 16, 2023
There’s the ambition, and then there’s the reality. For Goldman Sachs, the retreat from consumer-focused, Main Street-financial services continues — evidence of just how bumpy a road can be in building out new business lines that promised to digitize and modernize lending and payments. The latest example is the announcement last week that the company […]

Quick Reads
Goldman Head Projects 2025 Dealmaking Will Exceed 10-Year-Average

December 11, 2024
The CEO of Goldman Sachs is predicting a strong year for dealmaking in 2025. Speaking to Reuters Tuesday (Dec. 10), David Solomon said that dealmaking in equities, mergers and acquisitions in 2025 could surpass 10-year averages. “I think in 2025 we will certainly be at 10-year averages. We might even be ahead of the 10-year […]

Goldman Sachs Head Predicts M&A ‘Pick-up’ in 2025

November 19, 2024
Goldman Sachs Chairman David Solomon has reportedly predicted stronger capital raising under the next Trump administration. Solomon also said Tuesday (Nov. 19) that there will be a more robust merger and acquisition (M&A) environment...

Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected

September 11, 2024
Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected. Solomon’s comments came during an...

Goldman Sachs Appoints Investor Relations Head Carey Halio as Global Treasurer

April 11, 2024
Goldman Sachs has promoted its chief strategy officer and global head of investor relations, Carey Halio, to global treasurer. Halio will also become a member of the bank’s management committee, Goldman Sachs...