Goldman Sachs Group is reportedly laying the groundwork for a succession plan that would see President and Chief Operating Officer John Waldron succeed David Solomon as CEO as early as 2027 or 2028.

Under the plan, David Solomon, who has led the bank since 2018, would step down as soon as next year and be executive chair.

Goldman Sachs has had discussions to have COO John Waldron take over the reins in late 2027 or early 2028 with current CEO David Solomon st

Goldman Sachs is considering a leadership transition that could see CEO David Solomon step down and President and Chief Operating Officer John Waldron take over the Wall Street banking giant as early as 2027,

As the Pentagon prepares to downgrade or eliminate senior billets by January 1, 2027, Trump officials are discussing Russian energy and economic cooperation while Moscow's war on Ukraine continues.

Iran's parliament speaker has threatened attacks on energy infrastructure if the country's oil sales remain blocked, state news agency IRNA reported on Tuesday. "In a region where we cannot sell oil,

US stocks fell on Monday as oil prices and Treasury yields increased, with investors weighing uncertainty over the prospects for an Iran war peace deal and the impact on the Federal Reserve's rate path.

Iran is claiming success in attacking ships – including US Navy vessels – near the Strait of Hormuz, saying that the strikes have forced Washington to move its warships further from the Iranian coast.