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The Latest Breaking News from David Solomon

Former Obama White House counsel faces questioning over Epstein ties

Kathryn Ruemmler welcomes House interview and says she had no knowledge of criminal acts after 2008 conviction

The Guardian - US

Goldman Sachs CEO Says AI Boom Is Still in the ‘Early Innings'

Goldman Sachs Group Inc. (NYSE:GS) stock rose on Tuesday after the investment bank reported second-quarter fiscal 2026 results that topped Wall Street estimates.

Benzinga

Wall Street banks see AI 'super cycle' set to boost deals, financing

Investment banks have reaped strong fees from AI-related deals, including SK Hynix's $26.5 billion ADR offering and SpaceX's record $86 billion initial public offering, as well as debt issuance.

The Economic Times

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Goldman Sachs profit tops estimates on trading boom, corporate deal spree

Goldman Sachs has reported robust profits for the second quarter, surpassing analysts' predictions. The firm's equities revenue soared to unprecedented levels, fueled by both fluctuating markets and active deal-making. Investment banking fees also experienced a notable increase, thanks to major transactions and advisory engagements. Additionally, the bank's asset and wealth…

The Economic Times

Goldman Sachs CEO David Solomon Says Clients Are Bringing Their Critical Deals to His Bank

Goldman Sachs Group Inc. (NYSE:GS) stock rose in premarket trading Tuesday after the investment bank reported second-quarter fiscal 2026 results that topped Wall Street estimates on stronger investment banking and trading revenue.

Benzinga

Grand jury probe launched into Neville Roy Singham's donations to Goldman Sachs' philanthropy fund: Report

Federal authorities in the US have initiated a grand jury investigation focused on businessman Neville Roy Singham's questionable financial activities. The inquiry examines a significant transfer of $285 million from Shanghai to a Goldman Sachs philanthropic fund, and other shell companies.

The Times of India

Exclusive: Goldman Sachs intern acceptance rate falls below 1% for third straight year

It's harder to get a Goldman Sachs internship than to get accepted into Harvard, MIT or Stanford.

Fortune

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Ray Dalio Says AI Market Shows Signs Of Being a Bubble: 'Nobody Can Get It Exactly Right'

Billionaire investor Ray Dalio said the artificial intelligence market is showing signs of being a bubble.

International Business Times

Wall Street Enters 'Unprecedented Territory' With Alphabet's $80 Billion Stock Sale, Top Goldman Official Says

Goldman Sachs International co-chief executive Anthony Gutman said Wall Street has entered "unprecedented territory" with Alphabet's $80 billion stock sale.

International Business Times

Goldman Sachs CEO Warns Wall Street Is Showing More 'Greed' Than Fear Amid AI Boom

Goldman Sachs CEO David Solomon said the market still has enough liquidity to support major equity offerings from companies such as OpenAI, Anthropic, and SpaceX.

International Business Times

Global Market Today: Asian stocks edge up, Yen nears 160 per dollar

Asian stocks followed Wall Street higher, driven by renewed enthusiasm for AI-linked equities, pushing the S&P 500 to a ninth consecutive gain. The yen neared the 160-per-dollar level as traders awaited clues on Bank of Japan interest rate policy. Meanwhile, Brent crude rose amid reports of US forces intercepting Iranian…

The Economic Times

Median pay for CEOs rose nearly 6% in 2025, but some compensation packages were eye-popping

The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as company boards rewarded their top executives for bigger profits and higher stock prices, and gave them incentives to stick around and make even more money for shareholders in the years ahead

AAP

Average CEO pay rises to $17.7 million as America’s wealth divide gets uglier

The Independent UK

Sam Altman and Dario Amodei are both walking back their AI jobs apocalypse prophecies as they eye blockbuster IPOs

Goldman's David Solomon and Box’s Aaron Levie have been saying that there won’t be a white-collar wipeout. Altman says he's "delighted to be wrong."

Fortune

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Fortune

Goldman Sachs CEO David Solomon had 2 jobs as a teenager while also juggling 3 sports. Now, he’s telling Gen Z to stop wasting time

Before becoming Goldman Sachs CEO, David Solomon scooped ice cream, flipped burgers at McDonald’s, and DJed on the side.

Fortune

Diary of a CEO founder Steven Bartlett hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview

A virtually blank resume may spook employers, but job candidates don’t need a lengthy work career to land a gig—after all, one of Steven Bartlett’s best hires only had two lines on her CV.

Fortune

Former Goldman Sachs CEO: Ivy League geniuses aren't always the most successful

Lloyd Blankfein, the former CEO of Goldman Sachs, said that his career “is not only relatable, but accessible”—it requires work ethic and a keen eye for opportunities.

MarketBeat

Big Bank Earnings Gave Financials a Lift, But Wall Street Is Still Cautious

Goldman Sachs, Wells Fargo, Citigroup, and JPMorgan all posted Q1 2026 earnings beats, signaling potential undervaluation as the financials sector attempts a recovery.

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The Guardian - UK

Big US banks rake in near $50bn profit as Iran war shakes markets

Six lenders, including Bank of America, Morgan Stanley and JP Morgan report jump in first-quarter earnings

The Guardian - UK

Jamie Dimon says private credit defaults are not threat to major banks

Recent losses on loans in relatively unregulated sector are not a systemic risk to financial sector, says JP Morgan boss

The Guardian - UK

Goldman Sachs chief ‘hyper-aware’ of risks from Anthropic’s Mythos AI

US bank has the Claude model and is working closely with the tech firm to improve cyber protection

Euronews

Goldman Sachs posts best quarterly profit in five years with 18% jump

Goldman Sachs reported strong first-quarter results, the best in five years, with quarterly profit rising 18% to $5.4 billion (€4.6bn), as the bank highlighted increased volatility due to geopolitical tensions.

International Business Times UK

Goldman Sachs General Counsel Kathy Ruemmler Leaves With £19.2M Payout After Epstein Files Expose Years of Intimate Contact

Kathryn Ruemmler, Goldman Sachs's chief legal officer, resigns with a £19.2 million payout after Epstein files reveal close ties.

The Guardian - UK

European stock markets rally after report of ‘secret outreach’ by Iran to try to end war

UK’s FTSE 100 up by more than 50 points, while pan-European Stoxx 600 share index rises 1.2%

Barchart

Goldman Sachs CEO David Solomon Now Owns Bitcoin. Should You Buy the No. 1 Crypto Here?

Solomon, a longtime Bitcoin skeptic, now says he owns a small amount of BTC.

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