After abandoning most of the bank’s fledgling consumer-lending business, Goldman Sachs Group GS CEO David Solomon said Tuesday that the investment bank plans to focus on growing its wealth and asset-management businesses to help preserve its dominance on Wall Street.
In an interview with Andrew Ross Sorkin on CNBC’s “Squawk Box” early Tuesday, meant to coincide with the bank’s annual investor day, Solomon said there’s “still some opportunity for us” in the consumer-lending business, and that “the real story of opportunity…
