Goldman’s Partners Are Behind Its Strategy Even With Consumer Losses, Waldron Says

Goldman COO Waldron on Strategic Realignment, Cost Cuts
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Goldman Sachs Group Inc. Chief Operating Officer John Waldron said the bank’s partners are firmly behind its strategy, as it contends with losses in its consumer business that have dented investor confidence in the firm.

The New York-based bank recently brought together all of its partners in one place for the first time since the Covid-19 pandemic, Waldron said in an interview with Bloomberg Television.