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Goldman Sachs CEO Feels “Very, Very Good” About Strategy Change Despite a “Tough” Q2

Speaking at a conference call with analysts on Wednesday, Goldman Sachs CEO David Solomon acknowledged that the investment bank had a “tough” second quarter. But despite this, Solomon said he feels “very, very good” about Goldman’s recent strategy changes. Goldman Sachs reported $1.1 billion in...

Goldman Sachs Beats Expectations Despite 48% Profit Drop

Goldman Sachs Group Inc came on top in the second quarter, reporting results that decisively beat the analysts' expectations. According to Monday's report, the investment bank had $7.73 a share compared to an estimated $6.58 per share and $11.86 billion revenue vs. $10.86 billion...