Good morning. Goldman Sachs is betting big on using AI to fundamentally rethink how the company operates.
At the Goldman Sachs U.S. Financial Services Conference on Tuesday, CFO Denis Coleman discussed the company’s recently announced OneGS 3.0 initiative—a multiyear overhaul of its OneGS program aimed at integrating AI throughout the bank’s operating model to reduce complexity and boost productivity. The effort is a top priority and will involve every division and function across the company, from business lines to control functions to engineering, Coleman said. “At its core, it’s an effort to drive more scale and more growth,” he said.
