Goldman Names Waldron COO, Scherr Is CFO

The video discusses the leadership changes at Goldman Sachs, highlighting David Solomon as the new CEO and John Waldron as the President and CEO. It explores the potential impact of these changes on investment banking and the competitive landscape, particularly against Morgan Stanley and JP Morgan. The video also touches on the importance of consumer initiatives and improving trading performance, emphasizing that Goldman Sachs remains a major player in the trading sector despite leadership shifts.

Who is the new President and CEO of Goldman Sachs?

• David Solomon

• John Waldron

• Marty Chavez

• Stephen Sharer

What role is Marty Chavez transitioning to at Goldman Sachs?

• CEO

• CFO

• President

• Head of Trading Desks

Which banks are considered top competitors to Goldman Sachs in investment banking?

• Bank of America and Citibank

• Morgan Stanley and JP Morgan

• Wells Fargo and HSBC

• Deutsche Bank and Barclays

What strategic focus is Goldman Sachs expected to maintain despite leadership changes?

• Remaining a leading trading house

• Focusing solely on consumer banking

• Expanding into cryptocurrency

• Becoming a retail bank

What area does Goldman Sachs need to improve according to the transcript?

• Real estate investments

• Corporate social responsibility

• Consumer initiatives

• Investment banking