Goldman's Solomon: 'We Are Still Hiring People'

The transcript discusses the services offered by a financial firm, emphasizing their strong market position. It covers hiring strategies, including recent hires and the competitive landscape with boutique firms. The role of leadership in client relations and securing deals is highlighted, with a focus on maintaining strong client connections.

What are some of the core activities mentioned that the company engages in?

• Real estate development

• Advising companies and raising capital

• Manufacturing goods

• Retail sales

Who was recently hired from Credit Suisse to work in the area of financial sponsors?

• Lloyd Blankfein

• Sarah Marie Martin

• Gary Cohn

• John Brown

What is a challenge faced by Deutsche Bank and Credit Suisse as mentioned in the transcript?

• Lack of clients

• Pressure in the market

• High employee turnover

• Regulatory issues

What is one advantage mentioned that the company has over boutique firms?

• Larger number of employees

• Global footprint and broad resources

• Higher profit margins

• More office locations

How does the involvement of senior leaders like Lloyd Blankfein benefit the company?

• Improves marketing strategies

• Enhances client connections

• Reduces operational costs

• Increases stock prices