Goldman Sachs International Vice Chairman Richard Gnodde discusses the business climate in Europe, the outlook for private credit, and female representation in senior positions. “There’s an increasing level of frustration" among the CEO community of Europe’s biggest firms about the lack of growth opportunities," Gnodde says. "I wouldn’t be surprised if we see that community broadly becoming much more assertive,” he adds. Gnodde speaks on Bloomberg Television at the World Economic Forum’s annual meeting in Davos, Switzerland.
00:00 Gnodde’s new role; Goldman Sachs management reorganization; hiring plans
02:06 Mood "not good" in Europe; big-cap CEOs "frustrated" about lack of growth
04:06 Plans to double private credit assets under management (AUM) to over $300 billion
04:52 Impact of Trump: entrepreneurs "optimistic" and there’s "energy" in US economy
05:57 Prospects for Fed interest-rate cuts; female representation in senior positions
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