“We will certainly have to live with exchange rate fluctuations for quite a while”

John Waldron, Goldman Sachs COO

“The financial markets are currently very volatile, you have to watch that closely.”

(Photo: Reuters)

Frankfurt, Denver John Waldron, number two at US investment bank Goldman Sachs, fears that the global turbulence in the banking market will also affect the real economy. Goldman’s Chief Operating Officer does not expect the markets to calm down quickly.

In an interview with the Handelsblatt, Waldron also talks about new growth areas, the problems with the online bank Marcus and Goldman Sachs’ German business.

Read the entire interview here:

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