Goldman Sachs Plans to Name Solomon as CEO This Week, NYT Says

The transcript discusses the unexpected timing of Goldman Sachs' CEO transition from Lloyd Blankfein to David Solomon, highlighting the strategic implications and upcoming earnings report. It also covers the performance of major banks like Citigroup, JP Morgan, and Bank of America, focusing on investment banking revenue and market expectations. The tech sector is also discussed, with a focus on Netflix's subscriber growth and market risks flagged by Deutsche Bank.

What was surprising about the announcement of David Solomon stepping into the CEO role at Goldman Sachs?

• The retirement of Lloyd Blankfein

• The decision to not appoint a new CEO

• The timing of the announcement

• The choice of David Solomon as CEO

Which bank is expected to have the worst investment banking revenue performance among the top five US Wall Street banks?

• Goldman Sachs

• JP Morgan

• Bank of America

• Citigroup

What was a common factor in the recent earnings reports of Citigroup and JP Morgan?

• Increase in commodities trading

• Reduction in trade tensions

• Strong revenue from deal-making

• Decline in investment banking revenue

What is Netflix expected to achieve in terms of overseas subscribers in the second quarter?

• A decrease of 5 million subscribers

• A 10% increase in domestic subscribers

• An increase of 21% year over year

• No change in subscriber numbers

What concern did Deutsche Bank raise about Netflix?

• Content quality

• Subscriber satisfaction

• Near-term risks

• Long-term growth potential