For David Solomon, ‘Times Are Good’ for Goldman and Economy (1)

Goldman Sachs Group Inc.’s investors were skeptical, its profits were slumping and its chief executive officer found himself under pressure. About a year later, David Solomon can smile.

“When times are good, things feel good,” Solomon said in an interview with Bloomberg Television from a summit on French business in Versailles. “When times are tougher, things don’t feel as good.” If smart colleagues work together and can serve clients, “we’ll do just fine.”

The bank’s stock has hit record highs, thanks in part to a first-quarter jump in net income led by its traders, along with bankers who ...