Goldman Sachs Will Be Active in Bolt-On-Acquisitions, CFO Scherr Says

The transcript covers a business review by a new management team, highlighting their strategies and confidence in their Fick business. It discusses market challenges, particularly political risks affecting trading. The partnership with Apple for a credit card is explored, emphasizing its long-term profitability and strategic benefits. The 1MDB investigation involving Goldman Sachs is addressed, noting ongoing dialogues with regulators. Finally, the transcript discusses acquisitions and market expansion, focusing on wealth management in Europe and the impact of US-China trade tensions.

How does Goldman Sachs plan to adapt to the changing political landscape?

What approach does Goldman Sachs take towards acquisitions?

What challenges does Goldman Sachs face regarding the trade tensions between the US and China?