Goldman Names Solomon, Schwartz to Succeed Cohn

The video discusses the succession plan at Goldman Sachs, focusing on the roles of Solomon and Schwartz as Co-CEOs. It highlights the challenges of succession with Lloyd Blankfein still in charge and explores potential future directions for the company. The discussion emphasizes maintaining stability while making an impact, with Harvey and David Solomon playing key roles in bridging investment banking and trading.

Who are the newly appointed Co-COOs of Goldman Sachs?

• Solomon Schwartz and Harvey Schwartz

• David Solomon and Harvey Schwartz

• Gary Cohn and Lloyd Blankfein

• Michael Moore and David Westin

What is one of the main challenges for the new Co-COOs with Lloyd Blankfein still in charge?

• Implementing a completely new strategy

• Making a significant impression while maintaining continuity

• Expanding into new markets

• Reducing the workforce significantly

What has been a significant focus for Harvey Schwartz in his role as CFO?

• Expanding international operations

• Boosting capital and cutting costs

• Increasing the workforce

• Developing new financial products

How has David Solomon contributed to bridging gaps within Goldman Sachs?

• By merging with other banks

• By bridging the gap between investment banking and trading

• By focusing solely on trading

• By reducing the number of divisions

What is the expected approach of the new leadership at Goldman Sachs?

• A major overhaul of the company's direction

• A reduction in investment banking activities

• A focus on maintaining the current strategy with slight adjustments

• A complete shift to digital banking