Goldman's Gnodde: We'll Continue to Hire Selectively

The transcript discusses strategic decisions, focusing on performance and the strength of core franchises in investment banking and global markets. It highlights market share growth and asset management consolidation. The firm adapts to the cyclical industry by hiring new talent and improving efficiency. Compensation is aligned with performance, acknowledging the cyclical nature of the business. The long-term view is emphasized for both staff and shareholders.

What adjustments have been made across consumer-facing platform businesses?

How does the company plan to approach compensation in relation to performance?