The handover of power at Goldman Sachs came slightly earlier than billed, with David Solomon due to replace veteran chief executive Lloyd Blankfein on October 1, rather than the year-end shift that had been widely expected.
This small element of surprise only served to accentuate the smoothness of the transition at the top at Goldman, which proceeded at a carefully choreographed pace.
First there was the real decision taken internally at the bank, as Solomon defeated his rival Harvey Schwartz for the right to succeed Blankfein.
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