For David Solomon, ‘Times Are Good’ for Goldman and Economy
- Goldman boss sees an uptick in IPO and dealmaking activity
- Bank’s stock has scaled record highs after consumer retreat
David Solomon
Photographer: Cyril Marcilhacy/BloombergThis article is for subscribers only.
Goldman Sachs Group Inc.’s investors were skeptical, its profits were slumping and its chief executive officer found himself under pressure. About a year later, David Solomon can smile.
“When times are good, things feel good,” Solomon said in an interview with Bloomberg Television from a summit on French business in Versailles. “When times are tougher, things don’t feel as good.” If smart colleagues work together and can serve clients, “we’ll do just fine.”