Goldman Sachs Group Inc. (GS) Chief Executive Officer David Solomon addressed the Barclays Global Financial Services Conference, providing an update on the firm's business performance across various divisions.
Solomon stated that sponsor deals activity is currently very quiet. He noted that the Fixed Income Clearing Corporation (FICC) has been a little softer on a relative basis. Conversely, the equity business has been described as strong.
The remarks were made during the conference, where Solomon highlighted the differing performance levels within the bank's core operational segments.
