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.

How does the competitive landscape look for Goldman Sachs compared to Morgan Stanley?

What consumer initiatives is Goldman Sachs expected to work on?