Lloyd Blankfein, CEO of Goldman Sachs, would be on the departure

Lloyd Blankfein, CEO of Goldman Sachs, on march 9, 2015 during a conference in Washington dc (Photo NICHOLAS KAMM. AFP)

Lloyd Blankfein, CEO of Goldman Sachs (NYSE:GS), plans to leave soon to the prestigious american merchant bank, reported Friday the Wall Street Journal without advance reason.

This information, which fell in the middle of the trading session, was to unscrew the action Goldman Sachs on Wall Street, but it was subsequently resumed and went up 1.23% to 269,61 dollars to 18h20 GMT.

The head of Goldman Sachs since 2006, Mr. Blankfein, age 63, had himself to formalize his departure, which could come by the end of the year, writes the daily business of americans citing anonymous sources.

It should not be a replacement in the immediate future, adds the Wall Street Journal, explaining that the responsibilities of the CEO would then be shared between Harvey Schwartz and David Solomon, who currently occupy the position of number 2.

Contacted by AFP, Goldman Sachs declined to comment.

Two sources close to the matter have told AFP that the departure of Lloyd Blankfein, in fact, was discussed internally, but that no timetable had yet been arrested.

His departure could take place in one or two years, they said. All the assumptions are plausible, according to these sources who have requested anonymity.

“He (Lloyd Blankfein) likes to joke that every day that passes, the closer to retirement”, told AFP one of the sources.

These information occur a few days after the departure of the White House Gary Cohn, the former right arm of Lloyd Blankfein. Mr. Cohn, age 57, had agreed, in 2017 to become the economic adviser to the president, Donald Trump after he failed to push Mr. Blankfein to the exit.

They also fall after Goldman Sachs posted its first quarterly loss since 2011, of the order of $ 2.14 billion, due to a dip of 30% of the revenue generated by the brokerage of commodities, currencies and other financial products (FICC), the traditional force for Goldman Sachs. The REVENUES generated until there are still little more than half of the profits of the bank, a symbol of the domination of Wall Street in the world of global finance.

Mr. Blankfein, a former trader of raw materials, has defeated recently, a lymph system cancer diagnosed in 2015.

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