Goldman Sachs Presentation at the Barclays 21st Annual Global Financial Services Conference
David Solomon, Chairman and CEO, is scheduled to speak at the Barclays 21st Annual Global Financial Services Conference on Tuesday, September 12, 2023, at 2:45 pm (ET).
Cautionary Note on Forward-Looking Statements
Today’s remarks include forward-looking statements. These statements are not historical facts, but instead represent only the firm’s beliefs regarding future events, many of which, by their nature, are inherently uncertain and outside of the firm’s control. Forward-looking statements include statements about potential revenue and growth opportunities, including the timing, profitability, benefits and other prospective aspects of business and strategic initiatives (including our ability to sell, and the terms of any proposed sale of, our Personal Financial Management business, Asset & Wealth Management historical principal investments and GreenSky) and the achievability of medium- and long-term targets and goals, estimated GDP growth or contraction, interest rate and inflation trends and volatility, the future state of the firm’s liquidity and regulatory capital ratios (including the firm’s stress capital buffer, G-SIB buffer and the impact of the Basel 3 Endgame rule proposal), the firm’s prospective capital distributions (including dividends and repurchases), the firm’s Investment banking fees backlog and future results, and the timing and magnitude of any future impairments or negative marks. It is possible that the firm’s actual results, including the incremental revenues, if any, from such opportunities, and financial condition, may differ, possibly materially, from the anticipated results, financial condition, and incremental revenues indicated in these forward-looking statements.
Statements about our revenue and growth opportunities, including the timing, profitability, benefits and other prospective aspects of business and strategic initiatives and the achievability of medium- and long-term targets and goals are subject to the risk that the firm’s businesses may be unable to generate additional incremental revenues or take advantage of growth opportunities and that we may not be able to implement the business and strategic initiatives (including our ability to sell, and the terms of any proposed sale of, our Personal Financial Management business, Asset & Wealth Management historical principal investments and GreenSky) on the terms or otherwise as we currently expect. Statements about macroeconomic factors are subject to the risk that actual conditions may differ, possibly materially, due to, among other things, changes in general economic conditions and monetary and fiscal policy. Statements about the future state of the firm’s regulatory capital ratios and distributions are subject to the risk that the firm’s actual ratios and distributions may differ, possibly materially, from what is currently expected. For a discussion of some of the risks and important factors that could affect the firm’s future results and financial condition, see “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2022. You should also read the forward-looking disclaimers in our Form 10-Q for the quarter ended June 30, 2023, and information on the calculation of non-GAAP financial measures that is posted on the Investor Relations portion of our website: www.gs.com.
These remarks are current only as of its date, September 12, 2023.