and reined in its ambitions. The pullback on costs could help the bank to meet its efficiency targets.
Observers will focus on his plans to decrease Goldman's reliance on trading and investment banking, which can be whipsawed by market volatility.that weighed on profits last year. After a solid performance in recent years, Goldman's markets division could weaken in the short-to-medium term because "trading is a wild card," he said.
The masters of the universe made missteps? Hard to image they miss anything from atop their ivory tower.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Goldman Sachs CEO says having 'very tight' job market makes cooling inflation 'very hard'Goldman Sachs’ CEO, David Solomon, offered insights on the labor market and efforts to cool inflation in the U.S during a recent podcast episode put out by his company. How about he take a pay cut?
Läs mer »