Kathryn Ruemmler, the bank's outgoing chief legal officer, will remain as an adviser after CEO David Solomon asked her to stay on, FT reports.
Goldman Sachs CEO David Solomon said there's "plenty of liquidity" as giant artificial intelligence firms OpenAI, Anthropic and SpaceX come to the public markets. "We are definitely in a moment where there's more greed than there is fear," Solomon told CNBC's Leslie Picker.
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The Goldman Sachs Group, Inc. (GS) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
In the most recent trading session, Goldman Sachs (GS) closed at $1, indicating a +1.15% shift from the previous trading day.
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SpaceX has selected Goldman Sachs as lead underwriter for its upcoming IPO, signaling a landmark event for Wall Street. Current private valuations for SpaceX are circulating at $1.25 trillion, positioning the IPO as potentially the largest in history. Goldman Sachs' involvement underscores institutional confidence in SpaceX's capital markets appeal and scale.
Goldman Sachs Group Inc (NYSE:GS, XETRA:GOS) CEO David Solomon said fears of a broad “job apocalypse” driven by artificial intelligence are overblown, arguing instead that AI will reshape work rather than eliminate it. In a New York Times opinion piece published over the weekend, Solomon argued that generative AI should be understood as part of a long historical pattern of technological change that ultimately expands economic opportunity even as it disrupts existing roles.
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Goldman Sachs is expected to secure the much-coveted lead left position in Elon Musk's rocket and satellite maker SpaceX's initial public offering, a source familiar with the matter told Reuters on Tuesday.
SpaceX has picked Goldman Sachs to lead its initial public offering, according to people familiar with the matter. Goldman will have the lead left position on the prospectus, followed by Morgan Stanley, Bank of America, Citigroup and JPMorgan Chase.
Central bank gold purchases have come in stronger than previous estimates so far in 2026, and updated projections have sovereign demand rising further in the second half of the year, according to commodity strategists at Goldman Sachs.Goldman Sachs analysts announced on Friday that they have revised their central bank gold demand model to account for gaps in official trade data.