Goldman Taps Ousted McKinsey Head Sneader to Co-Run Asia

The transcript discusses a new hire at Goldman Sachs who will oversee Asia operations outside Japan. The hire, previously with McKinsey, faces scrutiny due to past crises. Goldman's strong presence in Asia, especially in IPOs, is highlighted, along with the challenges posed by geopolitical and financial factors. The role of consulting firms in investment banking is also explored, emphasizing the importance of client relations and geopolitical issues, particularly in China.

In what ways are consulting firms and investment banks becoming similar in today's market?

What role does David Solomon see for Asia in the future of Goldman Sachs?