Goldman Sachs Group Inc. (GS) Chief Executive Officer David Solomon addressed the Barclays Global Financial Services Conference, providing an update on the firm's current financial outlook. During his remarks, Solomon stated that the company's provisions for credit losses are expected to be slightly higher than the previous year.
The comments were made in the context of the firm's ongoing operations and financial planning. Solomon did not provide specific quantitative figures for the provisions or the year-over-year comparison in the provided text.
