Goldman Sachs CEO David Solomon sees Wall Street rebound if tech IPOs perform
Publishing timestamp: 2023-09-07 17:58:07
Summary
Goldman Sachs CEO David Solomon believes that upcoming tech IPOs, such as Arm and Instacart, could boost the capital markets. He expects to see a meaningful increase in activity if these IPOs go well. Solomon also addressed the negative coverage and personal attacks he has faced in the press, stating that he doesn't recognize the caricature of himself portrayed in the stories. He also mentioned that mergers market may rebound after IPOs, but at a slower pace.
Sentiment: NEUTRAL
Tickers: GS,
Keywords: banks, goldman sachs group inc, business news, breaking news: markets, breaking news: investing, investment strategy, breakingnewsglobal,
Source: https://www.cnbc.com/2023/09/07/goldman-sachs-ceo-david-solomon-ipo-market.html