David Solomon’s stewardship of Goldman Sachs has drawn more intense scrutiny in recent weeks after the firm reported a steep drop in revenue.
“Now the right choice is to scale back on [the consumer bet] and continue with the ‘old Goldman’,” Hansen told the outlet Monday. “I think they would get points for that.”“Anytime people are upset, it’s relevant,” the investor, who was quoted anonymous, told FT.Shareholders attending next the meeting will see plenty of new faces among Goldman’s senior leadership.
The first-ever “investor day,” which took place three years ago, featured 26 speakers — more than a third of whom have moved on from the bank, according to FT.The bank told FT that it was “looking forward to investor day” during which it hopes to “help investors see the strategic direction going forward.”Solomon’s moonlighting as an amateur DJ is a reported source of angst among Goldman’s rank-and-file.
At a partners meeting in Miami this month, Solomon admitted that he erred by not slashing headcount early last year. His comments came in light of recent reports suggesting that he is
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