Goldman Sachs Names New Co-Heads of Investment Bank

The transcript discusses leadership changes at Goldman Sachs, focusing on the appointment of Mark Nachman and Greg Lemkau as co-heads of investment banking. It explores the implications of these changes on the firm's direction, particularly in M&A and underwriting. The discussion also touches on past challenges, such as trading hiccups, and the potential for future opportunities under new leadership.

Who were the newly appointed co-heads of investment banking at Goldman Sachs?

• Mark Nachman and Greg Lemkau

• John Waldron and Richard Nada

• David Solomon and Gary Cohn

• Lloyd Blankfein and Harvey Schwartz

What is one of the main goals for Goldman Sachs under the new leadership?

• To focus solely on trading

• To reduce the number of co-heads

• To expand in debt underwriting and buyout financing

• To merge with another major bank

What was a significant challenge faced by Goldman Sachs in the first quarter?

• A major trading loss

• A decline in investment banking

• A failed merger

• Leadership disputes

Who is the CEO and chairman of Goldman Sachs mentioned in the transcript?

• Lloyd Blankfein

• Harvey Schwartz

• David Solomon

• Gary Cohn

What role does Harvey Schwartz play at Goldman Sachs?

• Head of Trading

• Chief Operating Officer

• Head of Investment Banking

• Co-CEO and CFO