David Solomon news and trends

Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
Banking // September 11, 2024

Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected. Solomon’s comments came during an interview on CNBC in which he was asked if the exit was messier than Goldman...

Goldman Sachs Appoints Investor Relations Head Carey Halio as Global Treasurer
Personnel // April 11, 2024

Goldman Sachs has promoted its chief strategy officer and global head of investor relations, Carey Halio, to global treasurer. Halio will also become a member of the bank’s management committee, Goldman Sachs CEO David Solomon said in an internal memo dated Thursday (April 11) seen by PYMNTS.  Goldman...

Goldman Sachs’ Global Banking and Markets Co-Head Jim Esposito to Retire
Personnel // January 29, 2024

Jim Esposito, co-head of the global banking and markets division at Goldman Sachs, will retire from that role and become a senior director at the investment bank. Goldman Sachs CEO David Solomon announced Esposito’s decision Monday (Jan. 29) in a company memo seen by PYMNTS. “On a personal...

Goldman’s GreenSky Sale Shows Building a Consumer Lending Business Is Easier Said Than Done
Banking // October 16, 2023

There’s the ambition, and then there’s the reality. For Goldman Sachs, the retreat from consumer-focused, Main Street-financial services continues — evidence of just how bumpy a road can be in building out new business lines that promised to digitize and modernize lending and payments. The...

Interviews & Exclusives
Goldman’s GreenSky Sale Shows Building a Consumer Lending Business Is Easier Said Than Done

October 16, 2023
There’s the ambition, and then there’s the reality. For Goldman Sachs, the retreat from consumer-focused, Main Street-financial services continues — evidence of just how bumpy a road can be in building out new business lines that promised to digitize and modernize lending and payments. The latest example is the announcement last week that the company […]

Quick Reads
Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected

September 11, 2024
Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected. Solomon’s comments came during an interview on CNBC in which he was asked if the exit was messier than Goldman Sachs had hoped, Reuters reported Wednesday. He added, per the report: […]

Goldman Sachs Appoints Investor Relations Head Carey Halio as Global Treasurer

April 11, 2024
Goldman Sachs has promoted its chief strategy officer and global head of investor relations, Carey Halio, to global treasurer. Halio will also become a member of the bank’s management committee, Goldman Sachs...

Goldman Sachs’ Global Banking and Markets Co-Head Jim Esposito to Retire

January 29, 2024
Jim Esposito, co-head of the global banking and markets division at Goldman Sachs, will retire from that role and become a senior director at the investment bank. Goldman Sachs CEO David Solomon announced...

Goldman Sachs Sells GreenSky Platform and Loan Assets

October 11, 2023
Goldman Sachs has announced the sale of its GreenSky platform and associated loan assets to a consortium of institutional investors led by global investment firm Sixth Street. The transaction is expected to...