Goldman Sachs CEO David Solomon Says We've Made Real Progress On Inflation; I Actually Don't Think Unwinding The Credit Card Business Has Proven To Be Messier Than We Thought
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs CEO David Solomon stated that the company has made significant progress on inflation. He also mentioned that the unwinding of their credit card business has not been as complicated as initially expected.
September 11, 2024 | 4:30 pm
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Goldman Sachs CEO David Solomon highlighted progress on inflation and a smoother-than-expected unwinding of their credit card business, which could positively impact investor sentiment.
The CEO's comments on inflation progress and the less complicated unwinding of the credit card business suggest operational improvements and potential cost savings, likely boosting investor confidence.
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