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Goldman Sachs CEO David Solomon said no succession, transition or timeline is underway. Bank of America CEO Brian Moynihan said succession is ultimately the board’s decision, while JPMorgan’s latest earnings call did not address the topic.
Goldman Sachs reported third-quarter net revenue of $18.68 billion and earnings of $17.01 per share, beating consensus estimates. Equities revenue rose 72% to $6.44 billion, and CEO David Solomon said abrupt interest-rate moves create market headwinds while the underlying U.S. economy remains resilient.
David Solomon told analysts there is no succession transition or timeline under way, adding that he is enjoying the job.
Goldman Sachs reported third-quarter net revenue of $18.7 billion and earnings per share of $17.01. The bank said revenue was the second-highest in its history.
The CEO said there is no succession transition or timeline at Goldman Sachs. He also said a 5% 10-year Treasury yield does not scare him as an operating environment, and discussed AI financing needs and potential rate pressure. The CFO said greater interest-rate volatility could create headwinds.
The CEO said the bank is monitoring markets carefully and that current activity levels feel good. He said rising AI financing needs could pressure rates and affect project returns and viability; the CFO noted that greater rate volatility could create headwinds.
Goldman Sachs CEO: No Succession Transition Or Timeline
South Bow (TSX: SOBO ) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. Access the full call at Summary South Bow reported strong fin
On Thursday, South Bow (NYSE: SOBO ) discussed second-quarter financial results during its earnings call. The full transcript is provided below. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. View the webcast at Summary South Bow reported strong financial performance
Truist Finl (NYSE: TFC ) held its second-quarter earnings conference call on Friday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. View the webcast at Summary Truist Finl reported significant improvement in profitabili