This is Exchanges at Goldman Sachs and I'm Allison Nathan a senior strategist in Goldman Sachs research.

Today we're sitting down with a very special guest David Solomon, chairman and CEO of Goldman Sachs.

David has been CEO for more than three years and has led the firm through a global pandemic,

a stock market that's continued to defy expectations, and a global economic expansion.

We'll talk about what David's focused on, his views on economic growth in the markets, as well as what

he's hearing from CEOs. We'll also ask him about the role that companies can play in

accelerating the climate transition and raising their own diversity standards and his advice for people just

starting out on their careers. So lots to look forward to in this conversation.

David, welcome back to the program and happy New Year. Thank you for having me and happy new year.

It's good to be with you, Allison.

Let's start out with a bit of a look back.

The firm had a very strong 2021.

Talk about the drivers behind that performance.

Well, it's been a very, very interesting period. Talk about the drivers behind that performance.

Well, it's been a very, very interesting period and you highlighted it in your open remarks.

The pandemic has certainly been dominant, but the pandemic has created an economic structure that really benefited our clients and our business.

And so client activity was extremely high and our business was quite robust.

We saw record levels of activity across our investment banking business and across our markets business.

We obviously saw strong investment performance in our asset management business, good

inflows in both our asset management business and our wealth business.

And so the combination of the macro environment and this level of client

activity has really led to an extraordinary year. It was just a tremendous year.

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