For now Solomon and Blankfein will jointly execute the strategy presented in September. Now, it’s his top rival in the race to become the next chief executive officer (CEO), David Solomon, who appears poised to carry out the plan. He said the shift away from trading “could get a subtle boost under Mr Solomon given his diverse background (i.e. Solomon didn’t get an interview with Goldman Sachs after he graduated from Hamilton College in 1984. Goldman earned a record $2.94 billion of revenue from that business last year, according to data compiled by Bloomberg.

Source: Mint March 13, 2018 13:30 UTC