Goldman Sachs (GS) will soon welcome a new CEO: David Solomon.

Starting October 1, Solomon, who is currently President and has a long tenure in the bank's investment banking division, will succeed current CEO Lloyd Blankfein.

TheStree'ts Scott Gamm speaks with The Deal's Co-Editor Michael Brown on how the bank may change under Solomon. 

Goldman Sachs is a holding of Jim Cramer's charitable trust.

Want exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!

Sign-up for Michael Brown's "In Case You Missed it Newsletter."

More from Video

Jim Cramer: Why We Sold Some Facebook and Bought Amazon

Jim Cramer: Why We Sold Some Facebook and Bought Amazon

Week Ahead: It's All About Retail and the Consumer

Week Ahead: It's All About Retail and the Consumer

Fisker CEO: Autonomous Electric Shuttle Will Debut Soon at Major Tech Company

Fisker CEO: Autonomous Electric Shuttle Will Debut Soon at Major Tech Company

60 Seconds: Get Financial Aid to Pay For College

60 Seconds: Get Financial Aid to Pay For College

Rewind: Jim Cramer on Home Depot, Tapestry, Nordstrom and Square

Rewind: Jim Cramer on Home Depot, Tapestry, Nordstrom and Square