• Who Is David Solomon? Meet the New CEO of Goldman Sachs

    28 days ago - By Fortune

    David Solomon will succeed Lloyd Blankfein as Goldman Sachs' chief executive officer beginning on Oct. 1, 2018, the investment bank announced in a statement on Tuesday. Solomon will also take over as chairman once Blankfein retires at the end of this year.
    So who is David Solomon? The 56-year-old was appointed as Goldman Sachs' president and co-chief operating officer in 2016 and prior to that served as global co-head of the bank's investment banking division starting in 2006.
    Solomon's roots in investment banking go much deeper than his time at Goldman Sachs, however.
    After graduating...
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  • Goldman Sachs slides even after solid earnings and naming a new CEO

    Goldman Sachs slides even after solid earnings and naming a new CEO

    28 days ago - By Business Insider

    Goldman Sachs quickly gave up early gains on Tuesday, even after it reported solid second-quarter earnings and named David Solomon as its new CEO.
    The broader stock market was lower.
    Goldman's investment-banking unit is flush with deals to come.
    Watch Goldman Sachs trade in real time here .
    Goldman Sachs is down by 1% to $229.16 a share Tuesday after the bank reported better-than-expected earnings and named its new CEO.
    Earnings per share came in at $5.98, far better than Wall Street's expected $4.66. Revenue was $9.4 billion, beating estimates of $8.74 billion. Management also noted that...
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  • Goldman Sachs CEO to retire, successor named

    28 days ago - By Washington Post

    The Goldman CEO announced his retirement effective Sept. 30.
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  • Next Goldman CEO to take on old problems, new businesses

    28 days ago - By Reuters

    Goldman Sachs Group Inc named David Solomon as its next chief executive officer on Tuesday, ushering in a new era for the Wall Street bank as it expands into different businesses and revamps familiar ones.
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  • Goldman Sachs is handing the keys to a very different leader with David Solomon

    28 days ago - By CNBC

    After 12 years with Lloyd Blankfein at the helm, Goldman names a successor.
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  • 'I always knew this day would come': Read the memo outgoing Goldman Sachs CEO Lloyd Blankfein just sent to staff

    'I always knew this day would come': Read the memo outgoing Goldman Sachs CEO Lloyd Blankfein just sent to staff

    28 days ago - By Business Insider

    David Solomon will succeed Lloyd Blankfein as Goldman's new CEO, the firm said Tuesday.
    Solomon will officially take the reigns from Blankfein, the longest-serving Wall Street CEO alongside JPMorgan's Jamie Dimon, in October. He'll then join the board.
    Blankfein will serve as chairman through the end of year, and Solomon will add the title in January. Blankfein becomes senior chairman when he retires.
    It's official. David Solomon will succeed Goldman Sachs CEO Lloyd Blankfein as the Wall Street firm's new CEO. The firm made the announcement on Tuesday, saying Solomon will become CEO and...
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  • Goldman's Blankfein to retire as CEO, Solomon to take over

    28 days ago - By Chron

    NEW YORK - Goldman Sachs said Tuesday that Lloyd Blankfein, the firm's chief executive officer and chairman for the last 12 years, will retire later this year.
    Blankfeing will be replaced by David Solomon, a long-time Goldman executive who has long been seen as Blankfein's chosen successor to lead the storied Wall Street investment bank.
    Goldman also said its second-quarter profit jumped 44 percent from a year ago. The performance was largely driven by the investment bank's core franchises: advising companies on mergers, acquisitions and other deals, and its trading business.
    Blankfein...
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  • Goldman's President, David Solomon, to Become C.E.O. on Oct. 1

    28 days ago - By NY Times

    Mr. Solomon, a longtime investment banker, will replace Lloyd C. Blankfein at the helm of one of the most powerful institutions on Wall Street.
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  • David Solomon Will Become Goldman Sachs's New CEO on October 1

    28 days ago - By Fortune

    David Solomon finally has a start date for his reign atop Goldman Sachs Group gs
    .
    Solomon will succeed Lloyd Blankfein as the firm's chief executive officer on Oct. 1, the bank said in a statement Tuesday. Blankfein will step down as chairman at the end of the year, when Solomon will also take on that role. Solomon's stature as the heir apparent was cemented in March , when the firm announced that he would become sole president while Harvey Schwartz - his chief rival for the job - would leave the company.
    Having a set timeline potentially gives Solomon a freer hand in carrying out...
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  • Goldman's Blankfein to retire as CEO, Solomon to take over

    28 days ago - By Chron

    NEW YORK - Lloyd Blankfein, Goldman Sachs' chief executive officer and chairman, is announcing his retirement from the investment banking giant after 12 years at the helm.
    Goldman said Tuesday that David Solomon, currently the bank's president and chief operating officer, would be Blankfein's successor. The announcement was expected, since Solomon had been moved into the second-in-command roles in recent months.
    Blankfein ran Goldman through the financial crisis and Great Recession, presiding over a monumental shift in how investment banking works on Wall Street. While Blankfein navigated...
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  • Big For Bitcoin? Goldman Sachs' New CEO David Solomon Is Keen On Crypto

    28 days ago - By Forbes

    It's official - the new chief executive of Goldman Sachs will be the firm's current chief operating officer David Soloman...
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  • Goldman Sachs beats on bond trading strength, names new CEO

    28 days ago - By Reuters

    Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday and named bank insider David Solomon to replace long-time Chief Executive Lloyd Blankfein.
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  • Goldman Sachs' 2Q profit up 44 pct; CEO Blankfein to retire

    28 days ago - By Chron

    NEW YORK - Goldman Sachs' profits jumped 44 percent in the second quarter compared with a year ago, driven by the investment bank's core franchises: advising companies on mergers, acquisitions and other deals, and its trading business.
    The New York-based bank said Tuesday that earnings reached $2.35 billion in the second quarter, compared with $1.63 billion a year earlier. On a per-share basis, Goldman earned $5.98 a share, compared with $3.95 a share a year earlier, beating analysts' forecasts of $4.65 a share.
    Separately, Goldman said Chief Executive Officer Lloyd Blankfein will retire...
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  • Factbox: Timeline of Goldman Sachs leaders

    28 days ago - By Reuters

    Goldman Sachs Group Inc named David Solomon as its next chief executive officer on Tuesday, succeeding Lloyd Blankfein, who has been in the role since 2006.
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  • IT'S OFFICIAL: Goldman Sachs has named David Solomon as its next CEO

    IT'S OFFICIAL: Goldman Sachs has named David Solomon as its next CEO

    28 days ago - By Business Insider

    David Solomon will succeed Lloyd Blankfein as Goldman's new CEO, the firm said on Tuesday.
    Solomon will officially take the reigns from Blankfein, the longest-serving Wall Street CEO alongside JPMorgan's Jamie Dimon, in October. He will join the board at that time.
    Blankfein will serve as chairman through the end of year, when Solomon will add that title. He take the title of senior chairman after he retires.
    It's official. David Solomon will succeed Goldman Sachs CEO Lloyd Blankfein as the Wall Street firm's new CEO. The firm made the announcement on Tuesday, saying Solomon will become...
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  • Goldman Sachs names David Solomon as CEO to replace Blankfein

    28 days ago - By Reuters

    Goldman Sachs Group Inc named David Solomon as its next chief executive officer on Tuesday, replacing Lloyd Blankfein who will step down on Sept. 30.
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