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Goldman Sachs CEO David Solomon: Trump regulatory overhaul could have ‘profound effect’ on business

Lighter touch regulation could ‘unlock investment… and opportunity’ Wall Street boss says

David Solomon, Goldman Sachs’ chief executive, believes Trump’s second presidency will have a “profound effect” on its business
David Solomon, Goldman Sachs’ chief executive, believes Trump’s second presidency will have a “profound effect” on its business Photo: Jeenah Moon/Bloomberg via Getty Images

Goldman Sachs chief executive David Solomon has said sweeping changes to financial regulation under Donald Trump’s presidency could have a “profound effect” on the Wall Street bank’s business.

Speaking at the US lender’s London headquarters during a Q&A for its annual Analyst Impact Fund competition, Solomon said it was unclear what a second term for Trump will mean for markets, growth and geopolitics.

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