Goldman Sachs CEO David Solomon dismissed recent speculation about a leadership handover as "noise," saying there is no active succession process or timetable. Reports had identified COO John Waldron as a likely successor and suggested Solomon could step down as early as next year. On Tuesday's earnings call with analysts Solomon said the board and he are fully focused on the firm's growth strategy and client service, and that he is satisfied with the company's progress and enjoying his role.

2026-10-13

Goldman Sachs CEO David Solomon dismissed recent speculation about a leadership handover as "noise," saying there is no active succession process or timetable. Reports had identified COO John Waldron as a likely successor and suggested Solomon could step down as early as next year. On Tuesday's earnings call with analysts Solomon said the board and he are fully focused on the firm's growth strategy and client service, and that he is satisfied with the company's progress and enjoying his role.

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2026-10-13

YONHAP reported on the 13th that a knife attack at a large supermarket in Namdong district, Incheon, injured eight people, including one who went into cardiac arrest. Emergency services received a report at about 1:49 p.m. local time. Police have arrested a suspect and are investigating the circumstances.

2026-10-13

South Korea's KOSPI slipped below 6,000 after sharp declines in Samsung Electronics and SK Hynix as foreign investors continued net selling. Analysts say the scale of overseas outflows is too large to be explained by post-rally portfolio rebalancing and poses a bigger market risk than semiconductor fundamentals; Samsung's Q3 operating profit beat expectations and memory prices and AI infrastructure investment remain firm. They warn domestic buyers may struggle to absorb the pressure — retail inv