Why Goldman’s consumer ambitions unsuccessful, and what it suggests for CEO David Solomon

Why Goldman’s consumer ambitions unsuccessful, and what it suggests for CEO David Solomon


Essential Details
  • A lot of of the conclusions Goldman CEO David Solomon created about Marcus ultimately led to the collapse of its purchaser ambitions, in accordance to a dozen people with understanding of the issue.
  • Marcus leaders had disagreed with Solomon in excess of solutions, acquisitions and branding, said the folks, who declined to be identified speaking about internal Goldman issues.
  • The humbling episode adds to the stakes of Solomon’s 2nd-ever trader working day conference Tuesday, in which the CEO will present facts on his prepare to make strong resources of revenue development.



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