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David Solomon

๐Ÿ‘ค Speaker
726 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

And I think that's something that certainly we want to sit in the middle of those flows.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

Financing has always been core.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

to Goldman Sachs strategy in any part of the world.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

You mentioned our partnership with the private investment fund around private credit.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

That's something we're certainly excited about too.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

So when you step back and you think about the progress here in the kingdom, the need for foreign direct investment to come in to continue to allow the population here to participate more economically,

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

the changes that are coming from the investment that the kingdom's making in infrastructure and the local economy here.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

We think it's a great opportunity for Goldman Sachs to continue to partner with the kingdom.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

I think there's great opportunity.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

I think it's one of the things that the Crown Prince is very focused on is how do you look at when you think about

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

the exports particularly of energy here, how do you create a more localized economy?

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

And so I do see signs of an increase in that activity, particularly around things like tourism and investment in infrastructure that can support tourism, but also in certain manufacturing areas.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

And I do think one of the things that's interesting is AI and the ability for there to be AI infrastructure here that can be used and can be exported to different places in the region and around the world.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

We have a partnership with Kuwait.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

And we've actually been in Kuwait and have done business in Kuwait going back to the 1970s.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

So it's a long-term partnership.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

What I think is interesting about what's going on in Kuwait at the moment is there's a real effort after a period of time following the war in the 1990s where they really did not

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

put the capital into the infrastructure and growth locally, and they had a legislative branch that was stopping progress.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

The Emir now is taking action to really spur significant investment, significant growth, and we're very proud to partner with the leadership there in helping them think through strategically how to expand that growth.

Bloomberg Talks
Goldman Sachs CEO Talks Saudi Arabia and US Economy

I think it helps enormously.