Goldman Sachs will enter a new era on Monday, as David M. Solomon takes the reins. He succeeds Lloyd C. Blankfein, who led the firm for 12 years and steered it through the financial crisis. Since Mr. Solomon was named Goldman’s ninth chief executive this summer, he has begun to put his management team in place. Over all, the bank’s strategy, which Mr. Solomon helped devise a year ago as co-president, is not expected to change radically. A broader group of ministers from the European Union will also be discussing reform of the European Stability Fund.

Source: New York Times September 30, 2018 19:07 UTC