Goldman Names Waldron President and COO

The transcript discusses John Waldron's career and his new role as CEO and President at Goldman Sachs. It highlights his reputation as a reliable and well-liked banker, his potential to become the CEO, and the implications of his appointment for investment banking. The discussion also covers the future of dealmaking at Goldman Sachs under Waldron's leadership, emphasizing the bank's strong position in the market.

What is a key reason for John Waldron's potential future as CEO of Goldman Sachs?

• His experience in retail banking

• His background in marketing

• His reputation as a reliable banker

• His expertise in technology

What is unique about John Waldron's new role at Goldman Sachs?

• He is the youngest CEO in the company's history

• He is the first CEO from the marketing division

• He holds the position without a co-CEO or co-president

• He shares the role with a co-CEO

How is the investment banking division expected to change under Waldron's leadership?

• It will shift focus to technology investments

• It will continue to prioritize dealmaking

• It will decrease its emphasis on M&A

• It will focus more on retail banking

What has Goldman Sachs done to strengthen its M&A capabilities recently?

• Opened new branches in Asia

• Hired senior M&A talent from other firms

• Invested in cryptocurrency

• Launched a new marketing campaign

What is a significant part of Waldron's strategy for Goldman Sachs?

• Reducing the number of deals

• Expanding into retail banking

• Shifting to a technology-first approach

• Focusing on client relationships