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The Latest Breaking News from David Solomon

Goldman Sachs Profits Jump As CEO Eyes More Merger Activity

Goldman Sachs reported a jump in second-quarter profits Wednesday behind significant increases in financial advisory revenues that chief executive David Solomon said could presage an uptick in dealmaking.

International Business Times

Rishi Sunak takes advisory role with Goldman Sachs while serving as MP

Conservative former PM to be restricted from lobbying government for another year and will give salary to charity

The Guardian - UK

Carried interest is no longer just for PE firms. A new wrinkle for executive comp at BlackRock and Goldman Sachs could become the norm across finance

Carried interest is no longer just for PE firms.

Fortune

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read the most diverse news in one place.

A record 360,000 students applied for a Goldman Sachs internship this year—and fewer than 1% were accepted

Being an intern at the investment bank is often a ticket to the upper realms of finance.

Fortune

Trump’s tariffs fueled unhealthy uncertainty, but soon markets will ‘settle down,’ says Goldman CEO David Solomon

CEOs are tightening their belts because of the current market uncertainty, Solomon said.

Fortune

Trainwrecks and triumphs: the 10 best books about the political campaign trail, chosen by experts

Phantasmagorical policy promises, TV meltdowns, gonzo journalists … political campaigns were once the stuff of passion and high drama. We asked 10 experts to nominate their favourite book about the hustings hustle.

The Conversation

Goldman Sachs Profits Rise On Strong Equity Trading Results

Goldman Sachs reported Monday higher first-quarter profits on strength in equity trading, offsetting a hit from losses in investments on public stock markets.

International Business Times

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Goldman Sachs boss says chances of US recession have increased after Trump tariffs

David Solomon warns that escalating trade war poses ‘material risks’ for US and global growth

The Guardian - UK

Goldman CEO David Solomon says fears over the trade war mean ‘material risks for the U.S. and global economy’ on Q1 call

Despite 22% drop in advisory fees, Goldman's Q1 beats Wall Street expectations

Fortune

Goldman Sach's David Solomon says despite uncertainty, U.S. economy is still in 'good shape'

David Solomon pointed to the country's 'huge, diverse, powerful economic engine' that can withstand shocks better than 50 years ago.

Fortune

Stacey Solomon says her five children will have to ‘forge their own paths’ instead of inheriting her millions

‘They’re fully aware that it’s not going to be given to them,’ said ‘Sort Your Life Out’ presenter

The Independent UK

Who could succeed David Solomon as Goldman Sachs' CEO?

The Goldman Sachs CEO succession race isn't over until it's over, but there appears to be a clear frontrunner. Here's who is seen as a contender to follow David Solomon.

Fortune

Goldman, Nasdaq diversity rules are over

Diversity standards at Goldman and Nasdaq were powerful—but are now gone.

Fortune

DEI has fallen out of favor—but many CEOs still have their pay tied to pursuing its goals

Companies pledged to pay execs for hitting DEI-related goals, but now that “DEI” is on the outs, companies are giving their plans a facelift.

Fortune

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Fortune

Goldman Sachs CEO says that AI can draft 95% of an IPO prospectus in minutes

It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.

Fortune

Goldman Sachs share price soars on Q4 earnings, but CEO sounds caution on Trump policies

Goldman’s profit roughly doubled in Q4 thanks in large part to surging revenues from deal-making, underwriting, and trading.

Fortune

Five underrecognized standout CEOs of the year

This is one year where it is hard to recognize just five outstanding CEOs, with hundreds of companies enjoying record stock prices amidst record profitability.

Fortune

David Bonderman hailed by everyone from Goldman Sachs CEO to NHL players as PE pioneer passes away at 82

Seattle Kraken is currently led by Samantha Holloway, Bonderman’s daughter.

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International Business Times UK

Goldman Sachs: Harris Is Better For Americans Vs Trump—More Jobs, Increased Consumer Spending And More

A Goldman Sachs report revealed that Democratic nominee Kamal Harris's economic agenda is positioned to boost the US economy by creating more jobs, lowering living costs, and imposing tax hikes on conglomerates and the wealthy.

International Business Times

Goldman Sachs Sees $400M Hit To Q3 Revenue, Trading Revenue To Drop 10%

Goldman Sachs to post a revenue hit of $400 million in its third-quarter report as it continues to unwind its consumer business.

Fortune

Goldman Sachs’ CEO was rejected twice by the firm

You’re less likely to get hired at Goldman Sachs than accepted into Harvard.

Broadcasting & Cable

Viamedia Becomes Programmatic Sales Rep for News of the World

Independent ad rep firm growing streaming business

Fortune

Jamie Dimon asks JPMorgan employees to engage in ‘constructive dialogue’ after the assassination attempt on Donald Trump

JPMorgan CEO Jamie Dimon has joined the growing list of executives to denounce political violence in the aftermath of Donald Trump’s attempted assassination.

Fortune

Goldman Sachs CEO is first bank leader to speak publicly on Trump shooting: America ‘cannot afford’ division and distrust

David Solomon and JP Morgan CEO Jaimie Dimon have both addressed the assassination attempt on former U.S. President Donald Trump.

Fortune

Goldman Sachs’ CEO was seen as a dead man walking. A year later, the “David Solomon” era is being hailed as a success

Shares of Goldman are up 21% year to date and have beaten the S&P 500

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