David Solomon Gets Mojo Back With Goldman’s ‘Near-Perfect Print’
- Bank reports 28% jump in net income, propelled by trading haul
- After a rocky 2023 and retail reversal, stock soars on profits
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David Solomon has taken a circuitous route to return Goldman Sachs Group Inc. to the terrain it knows best. Now he’s getting somewhere.
The Goldman Sachs Group Inc. boss spent much of last year fending off a chorus of criticism about his leadership and his flailing consumer banking strategy. He made an apologetic retreat, vowing to focus instead on what made Goldman the premier merchant of high finance.