Goldman Sachs chief executive David Solomon said that the bank has no "specific plans" to further reduce headcount after a deal drought forced it to cut around 3,400 jobs in the last six months.

In a call with analysts, Solomon said that Goldman will continue with its "regular performance-based process" that typically strips out around 2% of employees each year, but was not planning further significant cuts after cutting out more employees than at any point since the 2008 financial crisis.