Financials Lloyd Blankfein

  • David Solomon, Goldman Sachs & Co.

    Jim Esposito will be charged with helping the firm — once Wall Street's most profitable trading house — regain some of its former glory.

  • The S&P 500 and Nasdaq have both posted five consecutive weekly gains, and the Nasdaq has a four-day win streak.

  • David Solomon, Goldman Sachs & Co.

    Jim Esposito will be charged with helping the firm — once Wall Street's most profitable trading house — regain some of its former glory.

  • A man passes in front of a Bitcoin exchange shop in Krakow, Poland.

    Goldman Sachs highlighted “cryptocurrency mania” as one of six factors creating an unsteady undertow affecting markets for the remainder of 2018. 

  • David Solomon, co-president and co-chief operating officer of Goldman Sachs Group Inc., gives a thumbs-up during a discussion at the Goldman Sachs 10,000 Small Businesses Summit in Washington, D.C.,

    The push for openness by Goldman's next CEO embodies a shift that is occurring throughout the Wall Street firm as it plans an aggressive push into new markets.

  • *Adjusted profit $1.25/ shr above $1.11/ shr expected. July 18- Morgan Stanley's top executive criticized the Federal Reserve's annual health checks of the biggest U.S. lenders and predicted changes to the tests going forward after his bank reported better-than-expected quarterly earnings on Wednesday. The tests, set up to prevent a repeat of the 2007-2009...

  • *Fed's Powell cites economic strength, downplays trade risks. NEW YORK, July 17- Wall Street stocks rose on Tuesday, with the Dow Jones Industrial Average posting its fourth consecutive session of gains after Federal Reserve Chairman Jerome Powell expressed an optimistic U.S. economic view and solid earnings bolstered the outlook for a robust reporting...

  • What to expect from David Solomon's rise to Goldman Sachs CEO

    Kate Kelly, The New York Times, discusses the news that Goldman Sachs' David Solomon is set to take over the CEO position from Lloyd Blankfein in October.

  • NEW YORK, July 17- Wall Street pushed higher on Tuesday as investors looked to Federal Reserve Chairman Jerome Powell's optimistic view of the U.S. economy and as solid earnings supported expectations of a strong second-quarter reporting season. In written testimony to the Senate Banking Committee, Powell discounted trade policy risks and signaled not just...

  • *Q2 EPS $5.98 vs forecast $4.46. July 17- Goldman Sachs Group Inc was pressed for details on new businesses after an uneven second-quarter performance, a likely preview of challenges incoming Chief Executive David Solomon will face as he leads the Wall Street bank's overhaul. Once considered the most savvy Wall Street trading house, it has suffered because of...

  • *Q2 EPS $5.98 vs forecast $4.46. Goldman Sachs, once considered the most savvy trading house on Wall Street, said its bond trading revenue climbed 45 percent in the second quarter and total equity trading was flat, compared with an unusually weak year-ago quarter. The bank's trading performance was not as strong as some rivals and analysts suggested that beating...

  • *Powell to testify before Congress at 10.00 a.m. ET. Powell is likely to reiterate the central bank's stance toward gradual monetary policy tightening at his testimony on the economy and monetary policy before the U.S. Senate Banking Committee from 10.00 a.m. ET. "The main focus of the day will be Powell's presentation of the monetary policy," said Peter Cardillo,...

  • NEW YORK, July 17- Goldman Sachs Group Inc named David Solomon as its next chief executive officer on Tuesday, ushering in a new era for the Wall Street bank as it expands into different businesses and revamps familiar ones. Solomon's promotion from his current role as president and chief operating officer comes months after the 56- year-old investment banker...

  • Goldman makes it official! David Solomon to succeed Lloyd Blankflein as CEO

    The "Squawk on the Street" crew talk about leadership change at Goldman Sachs.

  • Sean 'Diddy' Combs & David M. Solomon at the Room to Read for Impact On Global Education at 2017 New York Gala.

    The financier spends his free time spinning vinyl at parties and events around the world.

  • July 17- Goldman Sachs Group Inc reported a better-than-expected quarterly profit on Tuesday and named bank insider David Solomon to replace long-time Chief Executive Lloyd Blankfein. Overall trading revenue, the biggest contributor to Goldman's total revenue, rose 17 percent to $3.57 billion. On a per share basis, the bank earned $5.98, comfortably topping...

  • NEW YORK, July 17- Goldman Sachs Group Inc named David Solomon as its next chief executive officer on Tuesday, ushering in a new era for the Wall Street bank as it expands into different businesses and revamps familiar ones. Solomon's promotion from his current role as president and chief operating officer comes months after the 56- year-old investment banker...

  • NEW YORK, July 17- Goldman Sachs Group Inc named David Solomon as its next chief executive officer on Tuesday, succeeding Lloyd Blankfein, who has been in the role since 2006.. 1976-1984: John L. Weinberg and John Whitehead manage jointly as co-senior partners. 1990-1992: Stephen Friedman and Robert Rubin are co-senior partners.

  • July 17- Goldman Sachs Group Inc named David Solomon as its next chief executive officer on Tuesday, replacing Lloyd Blankfein who will step down on Sept. 30.

  • Regime change at Goldman as Solomon named to take top spot

    CNBC's Wilfred Frost takes a look back at Lloyd Blankfein's legacy as Goldman Sachs names David Solomon new CEO.