Goldman Sachs CEO David Solomon apologizes to Wall Street Bank board for DJing party in Hamptons at height of coronavirus pandemic lockdown Did. Social has reportedly violated his distancing guidelines.
Solomon, who moonlights as DJ D-Sol, has apologized to Goldman's board of directors for the incident, reported the Financial Times.
In the summer of 2020, Solomonopened for the band The Chainsmokers at the Hamptons charity His Benefit.
Revelers who attended the bash ignored social distancing rules requiring people to stay at least six feet apart to mitigate the spread of the coronavirus.
Southampton's party sparked outrage,prompting then-New York Governor Andrew Cuomo to announce an investigation.
When he's not leading Solomon, one of the world's largest investment banks, , played as a DJ at music festivals including the four-day Lollapalooza extravaganza in Chicago last month.
Solomon has earned a reputation as a flamboyant Wall Street executive who likes to rub elbows with the rich and famous. She starred in Showtime's hit series 'Billions' and also made a cameo in a Netflix documentary about pop star Jennifer Lopez.
However, Solomon's leadership at the bank has come under scrutiny, especially as it relates to his hitherto fruitless efforts to diversify income sources.
Under Solomon, Goldman has dabbled in consumer banking, wealth management and trading services to compete with the likes of Morgan Stanley.
Goldman is yet to turn a profit at Marcus, his online banking arm launched six years ago, according to the FT.
The company is reportedly reassessing spending plans related to Marcus.
Gold in the last five years Mann shares lag behind Morgan Stanley. Another Wall Street rival, he's also on par with JP Morgan in his chase.
But like his predecessor Lloyd Blankfein at the helm, Goldman remains a trading and investment banking business, according to the FT.
According to the FT, shortly after Solomon took over as CEO in 2018, Solomon surprised Goldman officials by requesting his private plane.
