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this is where it gets sticky for david solomon.wo, glass lewis and who are suggesting that he should be removed as chairman of goldman sachs. why is this a big story? i will give you the global 30,000 feet. this happens a lot with ceos. liz: jamie dimon. >> they tried to do it with jamie. liz: buffett. >> i don't know if iss would go after buffett t would take huge you know whats to go after buffett but i've seen proxy advisors go after jamie, larry fink, ceo, chairman, ceo of blackrock. larry: brian -- brian mon moynihan. they usually get beaten back. the difference david solomon does not have the sort of track record those other guys have in terms of stock price although goldman isn't doing horribly in terms of stock price. i believe so far this year trailing the s&p but david solomon has had a couple of big blunders. i mean he has had problems starting the retail bank. they had to fold that. he had massive dissent in the ranks. there is an issue here about people leaving. everybody other day i'm reading something about people le
this is where it gets sticky for david solomon.wo, glass lewis and who are suggesting that he should be removed as chairman of goldman sachs. why is this a big story? i will give you the global 30,000 feet. this happens a lot with ceos. liz: jamie dimon. >> they tried to do it with jamie. liz: buffett. >> i don't know if iss would go after buffett t would take huge you know whats to go after buffett but i've seen proxy advisors go after jamie, larry fink, ceo, chairman, ceo of...
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Apr 15, 2024
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that is a problem for david solomon. as you mentioned awm, this is the growth engine after the failure last year. they really need to hit their mark in terms of gathering a ton of assets and showing momentum in the private credit area. if he does those two things, they will be okay. i think the bigger issue is the selloffs last week in bank stocks has a bit to do with jpmorgan chase's jamie dimon call on inflation which is tougher this year and the cuts that everybody expected is pushed further out. if that happens, that is not good for ceo confidence. you will have an issue with the mergers and the debt and equity issuance that would help goldman sachs. >> you mentioned that david solomon is facing a few issues. the pushback to the pay package and the brain drain with top people leaving the company at goldman. how big of an issue is that for investors compared to another thing like the fact that the rate cut picture has changed? in your notes, you pointed out six or seven cuts, but goldman sachs' stock took off. >> repo
that is a problem for david solomon. as you mentioned awm, this is the growth engine after the failure last year. they really need to hit their mark in terms of gathering a ton of assets and showing momentum in the private credit area. if he does those two things, they will be okay. i think the bigger issue is the selloffs last week in bank stocks has a bit to do with jpmorgan chase's jamie dimon call on inflation which is tougher this year and the cuts that everybody expected is pushed further...
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Apr 23, 2024
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goldman sachs, stock has been doing well and david solomon turning stuff around, rough patches, people, stock is up pretty good. edward: signaling the pivot. charles: every ceo is trying to pivot from that. if it is not larry fink, not jamie dimon. when jamie dimon took a need during the george boyd protests he said donald trump did a lot of good stuff during his presidency and took a knee in the famous photo that has been circulating, now that they are excused, a lot of people behind him. take that for what it is worth. a lot of these firms embraced woke capitalism, go woke go broke comes out in august. hard to put the genie back in the bottle. goldman sachs, there's a pronoun guide, certain pronouns, i suggest you look at it. i don't want to describe it. go to goldman sachs, you can make a determination. neil: can't wait to hear that book. going up on the senate to vote, it could lead to the ban of tiktok, the spec commissioner. ♪ the best advice i ever got was to invest with vanguard for my retirement. the second best? stay healthy enough to enjoy it. so i started preparing physical
goldman sachs, stock has been doing well and david solomon turning stuff around, rough patches, people, stock is up pretty good. edward: signaling the pivot. charles: every ceo is trying to pivot from that. if it is not larry fink, not jamie dimon. when jamie dimon took a need during the george boyd protests he said donald trump did a lot of good stuff during his presidency and took a knee in the famous photo that has been circulating, now that they are excused, a lot of people behind him. take...
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Apr 15, 2024
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. >> stay on that point, david solomon, and let's be candid there were people questioning david solomon, they were questioning is he the type of leader that lloyd blankfein was. he is. he's an excellent ceo. >> sarat, you have b of a and morgan stanley, and tomorrow we get them both before the bell. are there redoes here? you could say jpm was good and the stock sold off, and here -- >> i think it's two separate stocks completely. morgan stanley will be interesting, because that's a great tailwind for morgan stanley. unfortunately, the wealth management business is their strongest business which is what the regulators are going for. that's old news. we will see how they handle that on the call and going forward what do they say in terms of the backlog and et cetera, and they don't have the interest that jpmorgan has but bank of america might have that, and as a whole i think there was nothing bad -- to your point, jpmorgan is not bad and goldman is good, and the large banks should do well. >> it was trading at a record high. >> the large cap banks will do well, and it's the regionals i
. >> stay on that point, david solomon, and let's be candid there were people questioning david solomon, they were questioning is he the type of leader that lloyd blankfein was. he is. he's an excellent ceo. >> sarat, you have b of a and morgan stanley, and tomorrow we get them both before the bell. are there redoes here? you could say jpm was good and the stock sold off, and here -- >> i think it's two separate stocks completely. morgan stanley will be interesting, because...
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Apr 11, 2024
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it is one of those david solomon moves that is being applauded around the firm.t often. sonali: i want to point out the elephant in the room, goldman is putting another woman to their management committee at a time where they have been under fire for not having enough women that high up in the c-suite, or even close to it. >> let's separate the two issues. carrie haley was getting the job because she was one of the most well positioned and regarded executives at the firm. best positioned to be the next treasurer of goldman sachs. there is no denying there has been a concern and a lot of talking inside goldman sachs about women in its senior ranks. that is generally a problem across wall street. in particular, at goldman sachs. when david solomon took over as ceo, he acknowledged he's not really succeeded on. that front. . and he needs to show he's taking charge and will be able to fix it in the coming months and years. sonali: a lot of musical chairs on wall street. one other big shocker at bridgewater. hiring ben melkman. speak about his role and what he is doin
it is one of those david solomon moves that is being applauded around the firm.t often. sonali: i want to point out the elephant in the room, goldman is putting another woman to their management committee at a time where they have been under fire for not having enough women that high up in the c-suite, or even close to it. >> let's separate the two issues. carrie haley was getting the job because she was one of the most well positioned and regarded executives at the firm. best positioned...
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>> i would agree with david solomon we're poised for a pick-up. alternative asset managers, a group that i cover, most of those big stocks were up 50 to 70% last year. kkrs of the world and you look at the m&a boutiques they were all very strong. it's companies like goldman and jefferies and morgan stanley that kind of lag well behind those, and so, you know, i think the action that you're seeing and the alternative asset managers tells you or it's anticipating a resurgence of deal making and so, you know, i think -- >> you think we're going to get more -- the alternative asset managers, private credit figures prominently in their continued aum increases for them. we have not seen a lot of deal making. we have not even at this point seen a lot of m&a. you seem to be calling for it. obviously, goldman had a good quarter given what are relatively diminished volumes. >> yeah. i think there's more to come after this. i think, you know -- and you have to be realistic that geopolitical events can always knock things off course. but, you know, if you loo
>> i would agree with david solomon we're poised for a pick-up. alternative asset managers, a group that i cover, most of those big stocks were up 50 to 70% last year. kkrs of the world and you look at the m&a boutiques they were all very strong. it's companies like goldman and jefferies and morgan stanley that kind of lag well behind those, and so, you know, i think the action that you're seeing and the alternative asset managers tells you or it's anticipating a resurgence of deal...
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Apr 5, 2024
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david solomon's pay by 24% to $31 million in a year where the bank easternings plunged in a similar amountorgieva poised for a second term. no other candidates put forward. the fund says its 24-member board will hold meeting with her and the aid -- same to complete the process by tend of april. joe lewis, the 87 year-old british billionaire who plead guilty to insider trading has been spared jail time by a federal judge in new york. he was sentenced to three years probation and a $5 million type. any incarceration would be quite catastrophic. he passed share tips to a private pilot and a girlfriend. we'll have plenty more still on the program. stay with us. this is bloomberg. >> ♪ >> i still think if you take a longer arc inflation is coming down and we're going to get to 2%. >> we're not where we need to be. inflation is still too high particularly for the asset limited communities and income contained. if you think of food, shelter, transportation cost, still too high. we're working -- but it's coming down. and it's coming down in a way where it's still creating jobs in america. >> would
david solomon's pay by 24% to $31 million in a year where the bank easternings plunged in a similar amountorgieva poised for a second term. no other candidates put forward. the fund says its 24-member board will hold meeting with her and the aid -- same to complete the process by tend of april. joe lewis, the 87 year-old british billionaire who plead guilty to insider trading has been spared jail time by a federal judge in new york. he was sentenced to three years probation and a $5 million...
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Apr 16, 2024
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the other end of things, i want to pull up a quote from goldman sachs ceo david solomon about how thecant demand for ai infrastructure and as a result, financing would be a tailwind to their business. a day later, he and morgan stanley saying that the top amount in equity underwriting fees so far this year, the more the people are raising money in these markets, the more you can fuel some progress in terms of generation. caroline: that is fascinating because ai is a driver on both fronts. we've got cost efficiency and the fact that anything with ai and its name is trying to go public or spin that story. how much resilience is there coming from some of these ceos playing catch-up ultimately to jamie dimon who's been leading the pack? sonali: you look at the bottom line here, how much they are spending on technology. you have costs rising at every bank, but for many of these banks including bank of america, morgan stanley, you're seeing technology really be on the rise as well, you look at the cost rising. they are competing not just to invest in talent but also to invest in the way of
the other end of things, i want to pull up a quote from goldman sachs ceo david solomon about how thecant demand for ai infrastructure and as a result, financing would be a tailwind to their business. a day later, he and morgan stanley saying that the top amount in equity underwriting fees so far this year, the more the people are raising money in these markets, the more you can fuel some progress in terms of generation. caroline: that is fascinating because ai is a driver on both fronts. we've...
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Apr 16, 2024
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we heard david solomon talk about a swift action and how they made this turnaround from trying to pushretail banking. last year really was an execution year for the bank and we saw them go back into poor. -- core. when you look at core units it's hard not to find an area that you beat. they beat revenue. it was $4 billion. . got m&a fees, $1 billion i staby environment, bringing in revenue of $4 billion, almost. tom: morgan stanley reporting, obviously a close rival for goldman sachs. i'm wondering if they can replicate the results. what will you and the team be scrutinizing from that? quakes difficult news cycle for morgan stanley. they have been talking about pressure from their wealth management unit. he has called wealth management the engine of morgan stanley, but has been under pressure with inflows, profit margins, so that will be really interesting to watch today. the expectation for bank of america is that it looks similar to wells fargo or jp morgan, who reported disappointing earnings last week, in particular, on net interest income. that's coming under pressure as consumers
we heard david solomon talk about a swift action and how they made this turnaround from trying to pushretail banking. last year really was an execution year for the bank and we saw them go back into poor. -- core. when you look at core units it's hard not to find an area that you beat. they beat revenue. it was $4 billion. . got m&a fees, $1 billion i staby environment, bringing in revenue of $4 billion, almost. tom: morgan stanley reporting, obviously a close rival for goldman sachs. i'm...
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Apr 16, 2024
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this is a good result for david solomon.aidi, as you said, back to basics, and basics at goldman sachs is clients, looking at the big plans, important clients, they also had a big focus on costs this quarter, cost ratios a lot. they had big impairments last year, but look, they hit their target come amid returns on equities, and that was a good result, given expectations coming in. haidi: do you think then, given its focus on core businesses, is this direction going forward more of the same? matt: it is a good question. it is very hard to come as they say, one swallow does not make a summer, but q1 is traditionally a strong quarter. clearly the trend deviated from their peers. they were stronger than jp morgan. they were number two in equities and m&a, globally, which i think gives you a sign they are hitting the mark of that investment side. client transactions come and go, so while the franchis is very strong,e -- the franchise is very strong, to give you an idea, treating is about double investment banking revenues. it is
this is a good result for david solomon.aidi, as you said, back to basics, and basics at goldman sachs is clients, looking at the big plans, important clients, they also had a big focus on costs this quarter, cost ratios a lot. they had big impairments last year, but look, they hit their target come amid returns on equities, and that was a good result, given expectations coming in. haidi: do you think then, given its focus on core businesses, is this direction going forward more of the same?...
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Apr 16, 2024
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ceo david solomon said it was the best decision to play to our strengths. >>> the chairman of the cryptoecurity warning against the nature of trading in the crypto sector with the report from esma saying 90% of the transactions are processed by just ten exchanges. karen spoke to the head of the imf in washington and asked how the situation changes without more competition in that sector. >> i think the crypto markets really are showing that there are quite a lot of concentrations about where the trading takes place and obviously the question is who is behind the trades which is not easy to say. on top of that, we can also see that now different players are coming into the market. all of that informs a bit of the work we are doing on the regulatory front when we are about implementing crypto asset regulation in europe. >> is it fair to say if you are trading crypto, you have to have a fair amount of confidence in binance? >> i think in general, the crypto market remains a volatile market with huge ups and downs over the period in the last few years. i think as an investor, i would caution
ceo david solomon said it was the best decision to play to our strengths. >>> the chairman of the cryptoecurity warning against the nature of trading in the crypto sector with the report from esma saying 90% of the transactions are processed by just ten exchanges. karen spoke to the head of the imf in washington and asked how the situation changes without more competition in that sector. >> i think the crypto markets really are showing that there are quite a lot of concentrations...
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Apr 15, 2024
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. >> david solomon now addressing analyst on how sustainable those gains are in the trading, in investmentanking. remember, we are just starting to see come back and let's call in durable david because durability is the word he is using to show that businesses that have typically been volatile over the last couple of decades or so can now be more sustained. what is interesting is seeing being asked by analysts on whether this was an average quarter or a peak order. how would you define it? he said it was strong but he has seen goldman have bigger quarters. goldman really punching above its way, leaning in on those financing businesses to bring in more trading business and a very volatile market. when it comes to investment banking we are just in the early innings here of that 2024 rebound. still, advisory fees of more than $1 billion. all these fees have also led to more expenses. he is getting questions about those expenses. compensation expenses really rising at the second-highest pace year, just behind jp morgan. goldman executives now telling analysts they are very focused on efficienc
. >> david solomon now addressing analyst on how sustainable those gains are in the trading, in investmentanking. remember, we are just starting to see come back and let's call in durable david because durability is the word he is using to show that businesses that have typically been volatile over the last couple of decades or so can now be more sustained. what is interesting is seeing being asked by analysts on whether this was an average quarter or a peak order. how would you define...
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Apr 15, 2024
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we think it's going to go higher quarter after quarter and i think david solomon of goldman sachs he a lot on his plate trying to really reposition back to their core strengths away from consumer banking and talked about durable businesses that geld man has and how they're -- goldman has and how they're expanding into private equity. i think we'll hear positive news from goldman. bank of america, brian moynihan, ceo, will speak about the strength of the consumer and then we'll have morgan stanley another day. maria: you have to believe that the capital markets can business will be improved from the quarter before because we've seen some deals in the first quarter. we've seen a lot of market action. so i understand your thinking there. are you expecting the issues of inflation and the geopolitical backdrop to be part of any of these comments in terms of guidance for '24? >> it's a great question. actually, our report this week from cfra first is, gee, the equity markets have been strong. we haven't seen a correction and we go back to world war ii, there's 24 market corrections and wit
we think it's going to go higher quarter after quarter and i think david solomon of goldman sachs he a lot on his plate trying to really reposition back to their core strengths away from consumer banking and talked about durable businesses that geld man has and how they're -- goldman has and how they're expanding into private equity. i think we'll hear positive news from goldman. bank of america, brian moynihan, ceo, will speak about the strength of the consumer and then we'll have morgan...
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Apr 15, 2024
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it will be interesting david solomon who comes on the call, executive departures he'll be asked aboutll fated move into re retail banki. have they recovered from that. in the past they had commercial real estate write downs, will that be discussed on the call. it was the investment bank that really pushed -- as you know,s goldman is a wall street firm. they make their money on the street. and the quarter was good to them. back to you. maria: and you could have expected it, right, cheryl? we had a pretty good quarter in terms of capital march a gets. we had a lot of deals, healthcare, a string of deals in healthcare, couple deals in media and tech. the stock is ripping right now, cheryl, thank you. stock is on fire, up 3%. look at the dow industrials, up almost 200 right now because of as cheryl noted it's a dow come component, john your reaction. >> investment grade bond issuance, up 30%. that's nothing. high yield bond issuance was up 117% and leveraged loan activity up 173%. on top of that, we probably had some strength in terms of private equity. so it figures that the investment b
it will be interesting david solomon who comes on the call, executive departures he'll be asked aboutll fated move into re retail banki. have they recovered from that. in the past they had commercial real estate write downs, will that be discussed on the call. it was the investment bank that really pushed -- as you know,s goldman is a wall street firm. they make their money on the street. and the quarter was good to them. back to you. maria: and you could have expected it, right, cheryl? we had...
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Apr 19, 2024
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but i will tell you this, why is america not talking to david solomon the sanctions cheap who recentlyd they have $190 billion euros of frozen russian assets and 3.5 billion euro dollars profit in the strength of the e.u. and have a e.u. a step up and do its job. if this was a massive threat when it comes to russia overrunning ukraine and tilting its other european nations, you would see a broader response from germany to france, italy are those most at risk who say, don't pay 2% of gdp to be a nato member. so i think they are winning for waiting for americans to pick up the check and $24 trillion, russia is in a worse economic position ever, 13% inflation. i think we need to be looking at home where we have open borders, 20 plus percent inflation and we need to be demanding e.u. and other step up to do their job because only one over there that i see is poland who has continued to try to go ahead and invest and build up and defend themselves are quite think we need to be putting more pressure on the e.u. and not the american people. >> carley: you will be working overtime so thank you
but i will tell you this, why is america not talking to david solomon the sanctions cheap who recentlyd they have $190 billion euros of frozen russian assets and 3.5 billion euro dollars profit in the strength of the e.u. and have a e.u. a step up and do its job. if this was a massive threat when it comes to russia overrunning ukraine and tilting its other european nations, you would see a broader response from germany to france, italy are those most at risk who say, don't pay 2% of gdp to be a...
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Apr 26, 2024
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but the palace intrigue about david solomon faded into the distant because he's done a great job. disassociate stock performance with the ceo and this is all without the equity markets being really open for ipos this is without mna resuming the record uphill, you know, in penetration because of more and more deals as companies are flush with cash in your balance sheets so when rates come down, that's when you start to see it really explode. if this is the appetizer in terms of performance stock, i'm ready for the main course. i can tell you as somebody who does business with goldman, they stand alone on the street and competitors that i talk to, competitors of goldman also say it i get covered better by goldman than any other firm. and we will have equal balances at other firms it is amazing. >> jim, you have a number of financial holdings. >> and i would define them all as big so you are talking citi group, jp morgan, black rock. i agree about the strength of goldman sachs. but the overarching comment i'm making here is in the financials, i want to be in the big banks. i don't wa
but the palace intrigue about david solomon faded into the distant because he's done a great job. disassociate stock performance with the ceo and this is all without the equity markets being really open for ipos this is without mna resuming the record uphill, you know, in penetration because of more and more deals as companies are flush with cash in your balance sheets so when rates come down, that's when you start to see it really explode. if this is the appetizer in terms of performance...
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Apr 8, 2024
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and it's just been smoking hot, and the david solomon, that he is not doing his job, all that stuff wasoing fabulously, and i just wish that morgan stanley, the one i own for my charitable trust were doing a little better maybe the new ceo can move it along. i think there is untapped opportunity in the russell 2000. we talk about everything hopefully my list of financials will hope cure rate your interest in the space and we're keeping track of every one we may build a etf there may be a ben etf he loves to hear his name constantly just kidding see really good. much more "mad money" ahead. including my conversation with ferguson it's a commercial construction company with small residential and if you are negative on cap takeaways, you better be prepared to pay the price. we learn this the hard way with one of our stocks in charitable trust, and you know it, the stock. what doing being negative. and all your cars rapid-fire in tonight's edition of the "lightning round." so stay with cramer. >>> these two rocky towns are booming, facing soaring success and critical change. >> our biggest
and it's just been smoking hot, and the david solomon, that he is not doing his job, all that stuff wasoing fabulously, and i just wish that morgan stanley, the one i own for my charitable trust were doing a little better maybe the new ceo can move it along. i think there is untapped opportunity in the russell 2000. we talk about everything hopefully my list of financials will hope cure rate your interest in the space and we're keeping track of every one we may build a etf there may be a ben...
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Apr 4, 2024
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solomon built a place for worshipping god. that worshipping site is now called alsamask.
solomon built a place for worshipping god. that worshipping site is now called alsamask.
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Apr 17, 2024
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. >> david solomon delivered the quarter we've wanted from goldman for a long time.t was a great fee-based quarter. morgan stanley, ted pick, he came in hot. you either felt that james gorman had just tanked it so that he could come in hot, or he could say, listen, when he's ebullient about m&a, and about ipos, i mean, david, that's your world. >> it is. >> welcome to it. i'm back no your world now. >> the m&a world, i would not share that ebullience. there's a level of business that will continue to get done. as we get closer to the election, i think, certainly, from the perspective of companies considering a large transformative deal, which we have seen very few, of course, harder and harder to get done. so, we'll see. >> can i have a little comedy hour? do you mind? can we sneak comedy in? and i ain't talk c-o-m-i-t-y. the ftc apparently wants to block tapestry buying capri. that's stupid. that's okay. you can use the word. >> yes. >> it will not -- i mean, i guess they're looking at the 0.7 increase in apparel over the course of the last year. but this is being b
. >> david solomon delivered the quarter we've wanted from goldman for a long time.t was a great fee-based quarter. morgan stanley, ted pick, he came in hot. you either felt that james gorman had just tanked it so that he could come in hot, or he could say, listen, when he's ebullient about m&a, and about ipos, i mean, david, that's your world. >> it is. >> welcome to it. i'm back no your world now. >> the m&a world, i would not share that ebullience. there's a...
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Apr 4, 2024
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thank you for listening, take care and bye-bye. 3000 years have passed since king david and his son solomon built a place for worshipping god. that worshiping site is now called an aksa mask. it's no surprise that this mask is respected by all muslims, christians and jews. the history of each of these religions is intertwined with the history of palestine and this mask. the israelite prophets all arose in this region. after setting for in algods, jesus immediately entered this worshiping site, from which he began his prophetic mission. muslims regard al-aqsa as one of the four major masks, which they adopted as their first qibla or worshipping direction in the early years of islam. the name of this mask is entwined with the miracle of mi'raj, night when prophet muhammad miraculously traveled from mecca to alqsamask and then ascended to the heavens and spoke with god's angels. and aksamask was destroyed, rebuilt and renovated several times. in different historical periods in 1099 and after seising algods, the crusaders built a church inside an aqsamask, however six years later salahuddin ayu
thank you for listening, take care and bye-bye. 3000 years have passed since king david and his son solomon built a place for worshipping god. that worshiping site is now called an aksa mask. it's no surprise that this mask is respected by all muslims, christians and jews. the history of each of these religions is intertwined with the history of palestine and this mask. the israelite prophets all arose in this region. after setting for in algods, jesus immediately entered this worshiping site,...
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Apr 15, 2024
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what part of the reboot is this for david solomon as he tries to refocus?ere is one slight miss. as they shift the firm and focus on investment banking and trading, they are trying to show that they are almost a $3 trillion asset manager as well. how do they keep setting the bar higher? the miss is very much attributable to the changes you are seeing. the sustainability of the business is going to help it tried to get that morgan stanley premium. jonathan: you have mentioned morgan stanley a few times. >> the bar is very high for equities training. that was his business. what i am hearing on the ground is that he has been pretty aggressive there and trying to take back the share that goldman gained the last few months. jonathan: looking at morgan stanley, the stop -- stock is up. with this around the table, tom, you have had a few minutes to go over this one. tom: it is a few things. one is it is what is happening in the industry. investment banking was on a real downturn over the last 12 months. what you see at goldman is not even full power. we think the
what part of the reboot is this for david solomon as he tries to refocus?ere is one slight miss. as they shift the firm and focus on investment banking and trading, they are trying to show that they are almost a $3 trillion asset manager as well. how do they keep setting the bar higher? the miss is very much attributable to the changes you are seeing. the sustainability of the business is going to help it tried to get that morgan stanley premium. jonathan: you have mentioned morgan stanley a...
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Apr 4, 2024
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and his son solomon built a place for worshipping god, that worshipping site is now called an axsamaskmediately entered this worshipping site, from which he began his prophetic mission. muslims regard al-aqsa as one of the four major masks which they adopted as their first qibla or worshipping direction in the early years of islam. the name of this mask is entwined with the miracle of mikraj, night when prophet muhammad miraculously traveled from mecca to alsamask, and then ascended to the heavens and spoke with god's angel. andsamask was destroyed, rebuilt and renovated several times in different historical periods. in 1099, and after seasing at gots, the crusaders built a church inside an aqsamask, however, six years later, salahuddin ayyubi recaptured it. he renovated the mehrab of the mask. al-aqsa has gone through. many bitter and sweet experiences, the bitterest of which was the day when the zionist occupiers took full control of al-aqsa after a six-day war. as the golden hues of dust gradually give way to the tranquil embrace of night, a heavenly spectacle unfolds in the vast ex
and his son solomon built a place for worshipping god, that worshipping site is now called an axsamaskmediately entered this worshipping site, from which he began his prophetic mission. muslims regard al-aqsa as one of the four major masks which they adopted as their first qibla or worshipping direction in the early years of islam. the name of this mask is entwined with the miracle of mikraj, night when prophet muhammad miraculously traveled from mecca to alsamask, and then ascended to the...
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Apr 12, 2024
04/24
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i think david solomon will be coming out with a lot more confidence because we are looking in the rearsifying. this is a rock solid business moving into asset management, moving into private equity, private debt. opportunities for these two banks. unfortunately for morgan stanley, the headline news from yesterday is there is a lot more government scrutiny to problems that have come up to wealth management. that is a little disconcerting. lisa: i'm curious about what this means for the smaller banks, they don't have the same banking engine that can offset the declines in net interest income. ken: we look at them very closely. our team still feels there is risk exposure here to of course commercial real estate, much more rate tentative. my analysis would be that the small banks are like small-cap stocks. when we look at equity investing, institutions, there are 12 constituents in the financial sector that are 65% of the waiting. six of the largest banks are there. as you go further to the smaller banks, they become of less consequence for investors, but incredibly important for our u.s.
i think david solomon will be coming out with a lot more confidence because we are looking in the rearsifying. this is a rock solid business moving into asset management, moving into private equity, private debt. opportunities for these two banks. unfortunately for morgan stanley, the headline news from yesterday is there is a lot more government scrutiny to problems that have come up to wealth management. that is a little disconcerting. lisa: i'm curious about what this means for the smaller...
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Apr 15, 2024
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in the release chairman and ceo david solomon saying our first quarter results reflect the strength of interconnected franchises and the earnings power of goldman sachs. we continue to execute on our strategy focusing on core strengths to serve clients and deliver for shareholders. operating expenses in q1 coming in $8.7 billion. additionally, goldman paid out $78 million for that additional levy by the fdic special assessment to cover the bank failures from last spring. that's on top of what they already paid. shares now up nearly 3% on this first quarter beat on the top line. >> 14.8% return on equity. so that's higher than almost any whole year, except for 2021 in a whil yh.e.>>ea all right, more on those numbers and the market reaction in a built. we'll be right back. >>> bitcoin prices tumbled over the weekend after iran's missile attack on israel. this morning crypto prices are firming up once again. bitcoin 66,250 or thereabouts. joining us, kavita gupta, delta blockchain fund founder. first, i'll just get your read on the price action recently. obviously it had had a huge run a
in the release chairman and ceo david solomon saying our first quarter results reflect the strength of interconnected franchises and the earnings power of goldman sachs. we continue to execute on our strategy focusing on core strengths to serve clients and deliver for shareholders. operating expenses in q1 coming in $8.7 billion. additionally, goldman paid out $78 million for that additional levy by the fdic special assessment to cover the bank failures from last spring. that's on top of what...
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Apr 5, 2024
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the song of solomon says that solomon had hair the color of a raven's feathers, black.ed hair or black hair. jesus, they lose interest in christianity. we want jesus to be like us, but the question that should really concern us is how can we become like jesus, how can i become like jesus, not how can i make jesus like me. urgent news. disinformation of the national security and defense council of ukraine andrey kovalenko right now the head of the counteraction center said that russia is really preparing a summer offensive, which will begin in may june. he stated that russia would attack on already active sectors of the front, along dugledar, bakhmut, here he was mistaken, apparently, he meant the city of artyomovsk, towards kramatorsko-slavyansk, armed in parallel. russian forces are testing the ukrainian defense at sinkovka in the kupinsky direction, he didn’t say anything new, there really is movement along the entire front line, movement forward on our side, on the ukrainian side sides towards the polish border. we are transported to the front via direct communicatio
the song of solomon says that solomon had hair the color of a raven's feathers, black.ed hair or black hair. jesus, they lose interest in christianity. we want jesus to be like us, but the question that should really concern us is how can we become like jesus, how can i become like jesus, not how can i make jesus like me. urgent news. disinformation of the national security and defense council of ukraine andrey kovalenko right now the head of the counteraction center said that russia is really...