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16.06 - 10:27
Goldman Sachs’ David Solomon on DJ distractions, his real estate foray and banks’ consolidation
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fnlondon.comDavid Solomon is on a bit of a hot seat, which is curious from a stock market perspective.
Since he became CEO of Goldman Sachs Group in October 2018, shares of GS have climbed 45% versus a 12% decline for the Bluestar Top 10 Banks Index. Goldman shares have outperformed the S&P 500 over the same period, as well. And the firm's vaunted investment banking and trading franchises are still the envy of the industry. All of which would seem to be enough to keep his constituents satisfied — and yet, that isn't quite the case.
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