Description
Goldman’s stock in 2018 when Solomon became CEO was $138; today it is over $1,000 with a market capitalization of over $320 billion.
Indeed, Goldman Sachs, along with its peers, is doing well. One key to its success might be the long-term relationships it builds with clients. Case in point, SpaceX, a relationship that bloomed over 20 years leading Goldman Sachs to being the lead underwriter of the IPO of SpaceX.
“We didn’t win this in the last six months. We won this over the last 20 years. The decision wasn’t made until the last six months, and there are a lot of things that the team did over the last six months that contributed to the ultimate result,” Solomon observed in a recent Bloomberg podcast.
Solomon is also using his voice to educate employees and outsiders on the benefits of AI, making him a thought leader in both the markets and technology.
“While A.I. eliminates jobs in some sectors, it may lead to job growth in others. Goldman Sachs may need fewer people in regulatory reporting or client onboarding, freeing us up to hire more bankers, traders and asset managers who are interacting with clients constantly,” Solomon noted in a May op-ed in the
New York Times.
Solomon joined the HBS Club of NY in February 2021. Now, five years have passed, and Solomon is back to share his candid insights into the markets, AI, regulation and policies.
Join us for this exclusive conversation – Hors d’oeuvres, wine and refreshments served during the registration reception and post event networking.
Seating is limited to 200 people. Register early, once sold out there are NO exceptions. Note that the event is off the record.
Please note that no refunds will be issued
By registering for this event you agree to abide by the HBSCNY Code of Conduct for yourself and your guests (read here).