(Reuters) - Goldman Sachs Group Inc (GS.N) said on Monday that Harvey Schwartz, the bank's President and co-Chief Operating Officer, will retire on April 20.
A Goldman Sachs sign is displayed inside the company's post on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2017.
The bank said David Solomon will serve as sole president and Chief Operating Officer.
The Wall Street Journal reported on Friday that Goldman Sachs Chief Executive Officer Lloyd Blankfein was expected to retire and the bank was not looking beyond presidents and co-chief operating officers Harvey Schwartz and David Solomon to replace him.
Reporting by Parikshit Mishra in Bengaluru; Editing by Bernard Orr
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.