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Bloomberg Talks

Goldman Sachs CFO Denis Coleman Talks Trump's FTC Nomination

Dec 11, 2024
Denis Coleman, CFO of Goldman Sachs, shares insights on the future of mega merger deals and the current M&A climate. He predicts a revival in large-scale transactions exceeding $50 billion by 2025, fueled by strong client interest. Coleman discusses the impressive 52% boost in Goldman Sachs' stock value and how regulatory shifts could enhance business confidence. He highlights the challenges posed by potential interest rate hikes and emphasizes the importance of talent acquisition amid economic uncertainty, setting the stage for future growth.
09:56

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Quick takeaways

  • Goldman Sachs anticipates significant growth in 2025, focusing on client service and preparing for increased market activity amidst regulatory changes.
  • The firm emphasizes talent acquisition and development as essential to its strategy, aiming to attract top professionals to navigate future M&A opportunities.

Deep dives

Open Source AI for All

Meta's open-source AI initiative allows small businesses, startups, students, and researchers to access AI models without any cost. This open access promotes innovation, as more individuals and organizations can leverage these tools to create and develop new applications and services. The idea of making AI universally available aims to ensure that its benefits are widely distributed, leading to advancements across various sectors. By removing barriers to entry, Meta is fostering a collaborative environment for technology development.

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