Deals
What Solomon’s Ascent Signals About Goldman’s Future
- Analysts see investment bankers rising if he takes the helm
- A new leader may bring ‘fresh perspective’ as trading drags
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When Goldman Sachs Group Inc.’s leaders unveiled their strategy six months ago to reshape the Wall Street powerhouse into a more traditional bank, it was trading veteran Harvey Schwartz who led the presentation.
Now, it’s his top rival in the race to become the next chief executive officer, David Solomon, who appears poised to carry out the plan.