Goldman Sachs CEO David Solomon said on Wednesday that he was surprised at the "benign" reaction in financial markets over the conflict in the Middle East, and it may take a "couple of weeks" for investors to more fully digest the impacts. "I look at the market reaction, and I'm actually surprised that the market reaction has been more benign given the magnitude of this as you might think," Solomon said in a speech at a business summit in Sydney. ADVERTISEMENTSolomon said markets tend to react in a muted way to geopolitical events unless they have a direct impact on economic growth. "But it's very hard to speculate because there is so much that is unknown at this point." In February, Goldman signed a deal with AI company Anthropic to develop AI-powered agents to automate processes including client onboarding.

Source: The Telegraph March 04, 2026 05:42 UTC