Goldman Sachs profit hits over 3-year high as investment banking, trading fuel bumper quarter
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.
Goldman Sachs ( GS 4.91%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why ...
Goldman attributed the quarter's growth to higher net revenues from all its businesses, but particularly from its Global ...
JPMorgan saw its net profits rise to a record $58.5 billion from $49.6 billion in 2023, while Goldman Sachs reported profits ...
In comments today, bank execs were broadly bullish about the U.S. economy, touting a rosy outlook for M&A volume growth and ...
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Goldman’s profit roughly doubled in Q4 thanks in large part to surging revenues from deal-making, underwriting, and trading.
A coalition of major banks and business groups, including JPMorgan, Citigroup, and Goldman Sachs, are suing the fed over its annual bank stress tests.
Goldman Sachs CEO David Solomon signaled the possible early end of the bank's Apple Card partnership due to financial losses ...
Economists at Goldman Sachs expect the LA wildfires will lower first-quarter GDP growth by about 0.2 percentage points.
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