Goldman’s Solomon Says Markets to ‘Settle Down’ After Chaos

Goldman Sachs Group Inc. Chief Executive Officer David Solomon said he believed that activity in mergers and public listings will find a comfortable level despite uncertainty that’s led to a slowdown across investment banks.

“If the level of uncertainty grows from here, yes, you will not see the same amount of capital activity — but things will settle down,” Solomon said in an interview with Bloomberg Television’s Francine Lacqua on Tuesday. “People need to transact, need to raise capital, need liquidity for their investments. Part of this is just a reset of expectations.”