Goldman CEO Warns on Rate Volatility Despite 72% Surge in Equities Revenue

Key Facts

1Goldman Sachs CEO David Solomon warned that abrupt interest rate moves create economic headwinds.

2Goldman Sachs equities revenue surged by 72% during the third quarter.

Goldman Sachs CEO David Solomon warned that abrupt interest rate moves create economic headwinds. Benzinga reported that the bank's equities revenue surged by 72% during the third quarter, driven by a robust operating environment despite macroeconomic challenges.

GS closed at $891.91 on October 13, 2026, amid mixed performance across the banking sector where JPM closed at $331.43 and MS closed at $186.64 on the same date. Solomon noted that the underlying economy remains resilient despite broader concerns regarding the pace of Federal Reserve interest rate adjustments.