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Evening Standard

Business

Simon English

Goldman profits tumble and CEO steps back from the dancefloor

Goldman Sachs David Solomon

Goldman Sachs today unveiled a plunge in profits – and CEO David Solomon confirmed he will stop DJing to end the media “distraction” caused.

Solomon has been under pressure for a while. The once mightiest of the Wall Street investment banks has now recorded falling earnings for eight straight quarters.

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One subscription that gives you access to news from hundreds of sites

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