Latest Interviews
Showing 1–12 of 12 interview transcripts.
Clear all filters- Goldman Sachs12 min
Chairman and CEO David Solomon Joins CNBC to Discuss His Outlook for the US Economy
Solomon characterizes the current U.S. economic outlook as constructive, driven by resilient consumer spending, an "enormous investment cycle," and anticipated long-term productivity gains from AI adoption despite geopolitical and trade policy headwinds. While acknowledging future fiscal recalibration and potential regulatory shifts, he asserts that credit markets remain stable with strong cash flows and views rising Treasury yields as a reflection of sound economic fundamentals rather than a calamity. Furthermore, capital markets are projected to sustain robust activity through the coming year, though Goldman Sachs notes a strategic hiring shift away from New York to regions like Dallas and Salt Lake City to navigate evolving policy and tax environments.
- Goldman Sachs9 min
David Solomon Joins CNBC to Discuss 2Q Earnings, the Deal-Making Environment, and AI
Goldman Sachs reported a 39% year-over-year revenue increase and 78% earnings growth, attributing this performance to a "technology super cycle" where AI infrastructure demands have created a capital formation environment with supply constrained by high demand. Management characterized the current market as being in the early stages of a long-term trend, citing the $1 trillion in capex from six major firms and robust capital raising activity from entities like Alphabet as evidence of sustainable growth rather than a bubble. Despite acknowledging potential economic dislocations, the firm expects the U.S. economy to navigate speed bumps effectively while leveraging strong client demand to drive selective deal origination and $20 billion in quarterly revenue across capital markets, M&A, and wealth management.
- Goldman Sachs20 min
Steven Mnuchin: Navigating Credit Cycles, AI Investment, and Fiscal Policy
A leading economic strategist analyzes a converging trajectory of massive AI-driven capital expenditure, a resilient credit market dominated by private lending, and persistent fiscal challenges stemming from a 125% debt-to-GDP ratio. The speaker argues that while aggressive infrastructure build-outs and trade tariffs create market volatility, sustained economic growth of 3% or higher remains essential to maintain U.S. fiscal health and global currency dominance. Despite identified risks in labor supply and political spending inaction, the outlook projects continued U.S. outperformance through strategic technological adoption and a shift in banking dynamics.
- Goldman Sachs13 min
10KSB Voices Rural Advocacy Conference in DC: David Solomon with Program Graduate & Punchbowl News
David Solomon, Anna Palmer, Jenny Steffensmeyer
Goldman Sachs CEO David Solomon and small business owner Jenny Steffensmeyer discussed critical challenges facing the "10,000 Small Business Voices" program, including capital access, workforce shortages, and a significant rural artificial intelligence adoption gap. Solomon expressed optimism that a Republican-controlled administration will reduce regulatory burdens to stimulate growth, while Steffensmeyer highlighted that technological upskilling remains impossible without affordable financing. To address these disparities, the group urged Congress to deregulate small businesses, simplify SBA lending, and provide incentives to level the competitive playing field.
- Goldman Sachs15 min
Marc Benioff on how Salesforce is seizing on AI opportunities
Salesforce CEO Marc Benioff positions the company's new AgentForce platform as a critical industry shift designed to replace ineffective AI pilots with autonomous agents that augment existing workforces without requiring proprietary model training. By leveraging a foundational data cloud strategy, the system aims to boost revenue and operational efficiency across sales, service, and marketing while specifically addressing issues like healthcare worker burnout. With the platform set for public release next week, Benioff anticipates an immediate industry-wide adoption as clients gain the ability to deploy custom, high-performing agents that operate with significant speed and security.
- Goldman Sachs20 min
David Solomon on the global economy, deal-making environment, and the firm’s strategic priorities
Goldman Sachs CEO David Solomon outlines a 2024 economic outlook defined by reduced recession risk, persistently higher interest rates, and significant geopolitical headwinds from conflicts in Ukraine and the Middle East. Capital markets are projected to rebound from recent lows through a resurgence in M&A activity and private equity, driven by pent-up demand and upcoming refinancing waves. Meanwhile, corporate strategies are pivoting to balance energy security needs against sustainability goals while accelerating AI adoption to navigate complex regulatory landscapes and strengthen core banking franchises.
- Goldman Sachs18 min
Joseph Tsai - Co-Founder and Executive Vice Chairman, Alibaba Group
Joseph Tsai, David Solomon, Joe Tsai
Goldman Sachs hosted its inaugural "Business & Investing" event in China, featuring a strategic discussion between CEO David Solomon and Alibaba Executive Vice Chairman Joe Tsai. Tsai detailed Alibaba's evolution from a small Hangzhou startup into a global powerhouse, highlighting its defensive expansion logic, proprietary technology investments, and the unique 40-member Partnership system designed to preserve corporate culture. The conversation also offered actionable guidance on scaling entrepreneurship through mission-driven focus, leadership humility, and long-term talent development.
- Goldman Sachs12 min
"Catch-Up With David": with Goldman Sachs’ Head of Global Consumer Business Harit Talwar
Launched two years ago as a digital storefront for consumer financial services, Marcus operates with zero physical branches to serve four million customers while targeting twenty million Americans with high-interest debt. Under the leadership of Harry, who combines global market creation experience with strategic oversight, the initiative leverages Goldman Sachs' capital and risk frameworks to offer loan refinancing rates three to five percentage points lower than existing credit cards. Despite facing cultural friction between the firm's demand for perfection and the entrepreneurial need for progress, the venture aims to evolve into a shareholder-atttractive business serving tens of millions of consumers within the early stages of its digital platform expansion.
- Goldman Sachs14 min
"Catch-Up With David": with Goldman Sachs' Sharmin Mossavar-Rahmani
Sharmin Mossavar-Rahmani, David Solomon
A senior Goldman Sachs executive outlines a continued strategic overweight in US equities, attributing this "American preeminence" to robust institutions, favorable demographics, and resilient political structures despite rising geopolitical risks. While identifying the evolution of the US-China relationship as the primary external threat, she argues that historical precedents and strong institutional safeguards make the US economy uniquely positioned to withstand internal and external shocks. Drawing on a diverse personal background spanning engineering and diplomacy, she reinforces her investment thesis through decades of client management and significant philanthropic efforts in foreign policy and healthcare sectors.
- Goldman Sachs14 min
"Catch-Up With David": with Chief Economist Jan Hatzius
Goldman Sachs Chief Economist Jan Hatzius projects a global economic slowdown to approximately 3.5% through 2020 driven by US full employment and Federal Reserve rate hikes, though he maintains that recession risk remains low under this gentle deceleration trajectory. Drawing on 2018 forecasting errors regarding emerging markets and the historical lesson of the Berlin Wall's sudden fall, Hatzius advocates for a professional philosophy that balances rigorous modeling with the artistic judgment required to challenge conventional consensus. He concludes that effective forecasting fundamentally depends on acknowledging the inherent limits of predictive knowledge, a principle he applies by abstaining from speculating on unpredictable events ranging from geopolitical shifts to major sporting outcomes.
- Goldman Sachs10 min
“Catch-Up With David”: ThirdLove’s Heidi Zak and David Spector
Heidi Zak, David Spector, David Solomon
Co-founded by Heidi Zak and Dave Binnings, Third Love disrupted the intimate apparel market by leveraging a proprietary "Fit Finder" algorithm that analyzed millions of user data points to address the statistic that 80% of U.S. women wear incorrect bra sizes. The company successfully scaled its operations to produce hundreds of thousands of units monthly without external venture capital, distinguishing itself from competitors through a female-centric culture and marketing focused on inclusivity rather than traditional retail narratives. This data-driven approach, combined with their dual-CEO leadership model, enabled the founders to refine 70 unique bra sizes and build a resilient supply chain that prioritizes precise fit and customer satisfaction over conventional industry practices.
- Goldman Sachs9 min
"Catch-Up With David": Lloyd Blankfein
Lloyd Blankfein, David Solomon
Outgoing CEO David Solomon prepares his successor by urging the management of the transition chasm and a strict prioritization of stakeholder obligations over personal entitlement. Drawing on a decade of experience, he emphasizes that leadership demands constant engagement with difficult decisions and utilizes public platforms strictly to serve the firm's interests. Solomon steps down to facilitate a fresh vision, advising the incoming leader to sustain a marathon pace of humility and energy while anticipating his own future shift toward unrestrained personal expression.