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Goldman's Blankfein to retire as CEO, Solomon to take over

Updated : July 17, 2018 08:12 PM IST

Blankfein will be replaced by David Solomon, a long-time Goldman executive who has long been seen as Blankfein's chosen successor to lead the storied Wall Street investment bank.
Goldman also said its second-quarter profit jumped 44 percent from a year ago.
Goldman's Blankfein to retire as CEO, Solomon to take over
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