Goldman’s Solomon Is Confident Trump Will Roll Back Bank Rules

David Solomon had a message for US officials during Goldman Sachs Group Inc.’s earnings call Monday: He’s expecting them to loosen key regulations.

“I think there’s a good chance of that happening,” he told analysts while discussing changes to capital requirements. “We appreciate the administration’s strong focus on appropriately calibrating regulation for the financial services industry,” he added, and he and the bank “hope to see material progress across capital, leverage, liquidity and supervision.”