• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Finance

Goldman Sachs CEO David Solomon sees Wall Street rebound if tech IPOs perform

by
September 8, 2023
in Finance
0
Goldman Sachs CEO David Solomon sees Wall Street rebound if tech IPOs perform
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


The upcoming spate of tech IPOs could help kickstart muted capital markets, Goldman Sachs CEO David Solomon told CNBC’s David Faber.

Firms including chip designer Arm and Instacart have filed to go public, and companies that are mulling listings will watch how those IPOs go, Solomon said Thursday during the interview.

“Over the course of the next few months, especially if Arm and some of these other IPOs go well, I think you’re going to see a meaningful increase in activity,” Solomon said.

A rebound in IPOs and mergers would be welcome for Goldman and the rest of Wall Street, which has dealt with a dearth of activity in the past year. After coming off a record year for revenue in 2021, Solomon has had to contend with internal dissent and criticism over his decisions and leadership style in a series of unflattering articles.

Goldman Sachs CEO Solomon: I don't recognize this caricature that's been painted of me

Solomon addressed the negative coverage, saying repeatedly that he didn’t recognize the “caricature’ of himself portrayed in the stories.

“It’s not fun, you know, watching some of the personal attacks in the press,” Solomon said. “I don’t recognize the caricature that’s been painted of me. I have a lot of colleagues and clients I talked to, they don’t recognize that caricature either.”

During the wide-ranging interview, Solomon addressed tougher bank regulation, the paring back of Goldman’s ambitions in consumer finance, and the mergers market. Acquisitions will likely pick up as CEOs regain confidence in the coming months, he said.

“The sentiment that I’m hearing from CEOs globally is trying to get back at it,” Solomon said, though he cautioned that the mergers rebound would trail that of IPOs.

Watch CNBC's full interview with Goldman Sachs CEO David Solomon
Tags: BanksBreaking News: InvestingBreaking News: MarketsbreakingNewsGlobalbusiness newsCEODavidGoldmanGoldman Sachs Group IncInvestment strategyIPOsPerformreboundSachsseesSolomonStreettechWall
Previous Post

Lab-grown human

Next Post

Kroger will pay up to $1.2 billion to settle most nationwide opioid claims

Next Post
Kroger will pay up to .2 billion to settle most nationwide opioid claims

Kroger will pay up to $1.2 billion to settle most nationwide opioid claims

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 139 Followers
  • 205k Subscribers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Hawaii officials work to address mental health challenges facing wildfire survivors

Hawaii officials work to address mental health challenges facing wildfire survivors

August 17, 2023
Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

August 10, 2023
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

July 16, 2023
Working-age Americans are struggling to pay for health care, even those with insurance, report finds

Working-age Americans are struggling to pay for health care, even those with insurance, report finds

October 28, 2023
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
Beyond Jane Street, global trading firms vie for India’s lucrative derivatives market: Report

Beyond Jane Street, global trading firms vie for India’s lucrative derivatives market: Report

July 5, 2025
Ford CEO Jim Farley warns AI will wipe out half of white-collar jobs, but the ‘essential economy’ has a huge shortage of workers

Ford CEO Jim Farley warns AI will wipe out half of white-collar jobs, but the ‘essential economy’ has a huge shortage of workers

July 5, 2025
Residents near America’s largest steel mill fight for cleaner air

Residents near America’s largest steel mill fight for cleaner air

July 5, 2025
Inside a Utah desert facility preparing humans for life on Mars

Inside a Utah desert facility preparing humans for life on Mars

July 5, 2025

Recent News

Beyond Jane Street, global trading firms vie for India’s lucrative derivatives market: Report

Beyond Jane Street, global trading firms vie for India’s lucrative derivatives market: Report

July 5, 2025
Ford CEO Jim Farley warns AI will wipe out half of white-collar jobs, but the ‘essential economy’ has a huge shortage of workers

Ford CEO Jim Farley warns AI will wipe out half of white-collar jobs, but the ‘essential economy’ has a huge shortage of workers

July 5, 2025
Residents near America’s largest steel mill fight for cleaner air

Residents near America’s largest steel mill fight for cleaner air

July 5, 2025
Inside a Utah desert facility preparing humans for life on Mars

Inside a Utah desert facility preparing humans for life on Mars

July 5, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

Beyond Jane Street, global trading firms vie for India’s lucrative derivatives market: Report

Beyond Jane Street, global trading firms vie for India’s lucrative derivatives market: Report

July 5, 2025
Ford CEO Jim Farley warns AI will wipe out half of white-collar jobs, but the ‘essential economy’ has a huge shortage of workers

Ford CEO Jim Farley warns AI will wipe out half of white-collar jobs, but the ‘essential economy’ has a huge shortage of workers

July 5, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.