02:58 PM EDT, 10/28/2025 (MT Newswires) -- Goldman Sachs ( GS ) Chief Executive Officer David Solomon said he does not see any systemic risk looming in the credit market amid the collapse of US firms First Brands Group and Tricolor Holdings, Bloomberg reported Tuesday.

Speaking in an interview with Bloomberg TV, Solomon said that a handful of bad credit situations does not lead him to conclude that there's a systemic issue "around the corner," according to the report.

Solomon added that recent losses at regional banks tied to alleged fraud are "idiosyncratic events," that serve as a reminder to stay alert about underwriting standards, Bloomberg said.

Goldman Sachs ( GS ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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