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Goldman CEO David Solomon: Competition for talent is ‘very, very strong’ despite major cuts

The Wall Street giant has rolled out cuts, but that doesn't seem to have put job-seekers off

Despite pressure on the sector, a million people applied for jobs at Goldman last year, according to its CEO David Solomon
Despite pressure on the sector, a million people applied for jobs at Goldman last year, according to its CEO David Solomon Photo: Niall Carson/Getty Images

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Goldman Sachs chief executive David Solomon said competition for talent in banking remains "very, very strong" despite deep cuts across the sector this year, as the bank revealed its compensation costs have increased.

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