Goldman Sachs CEO Says No Succession Timeline Is Under Way
David Solomon told analysts there is no succession transition or timeline under way, adding that he is enjoying the job.
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Goldman Sachs CEO Says No Succession Transition or Timeline
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.
Goldman Sachs CEO Says No Succession Transition or Timeline Is Set
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.