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1. CEO Su Dewei will not step down in the short term. In his own words, “Goldman Sachs currently has no ongoing succession plans, handover arrangements, or timelines.” 2. The CEO of Goldman Sachs is clearly seriously thinking about artificial intelligence, seeing both opportunities and risks. He believes Goldman Sachs is in an advantageous position in this wave of large-scale AI investment, and claims that Goldman Sachs is “the only financial institution in the AI financing center.” 3. Mergers and acquisitions, IPOs, and other financing activities have not died out, albeit at a slower pace. The macro and interest rate environment is complicated, and it is true that some IPOs did not go through this quarter, but Su Dewei said that M&A reserves are still strong, and “capital market activity is still good.” 4. In a conference call, Su Dewei said that Goldman Sachs will consider another acquisition in the field of asset management — a field that has made a lot of progress recently — but only if the financial conditions are right, and more importantly, it must fit into Goldman Sachs culture.
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1. CEO Su Dewei will not step down in the short term. In his own words, “Goldman Sachs currently has no ongoing succession plans, handover arrangements, or timelines.” 2. The CEO of Goldman Sachs is clearly seriously thinking about artificial intelligence, seeing both opportunities and risks. He believes Goldman Sachs is in an advantageous position in this wave of large-scale AI investment, and claims that Goldman Sachs is “the only financial institution in the AI financing center.” 3. Mergers and acquisitions, IPOs, and other financing activities have not died out, albeit at a slower pace. The macro and interest rate environment is complicated, and it is true that some IPOs did not go through this quarter, but Su Dewei said that M&A reserves are still strong, and “capital market activity is still good.” 4. In a conference call, Su Dewei said that Goldman Sachs will consider another acquisition in the field of asset management — a field that has made a lot of progress recently — but only if the financial conditions are right, and more importantly, it must fit into Goldman Sachs culture.
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