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Goldman Sachs profit surges
Goldman Sachs beats profit estimates as investment banking, trading fuel bumper quarter
Goldman Sachs posted its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading.
Goldman Sachs doubles profits as investment bank fees rise
Goldman Sachs enjoyed a robust final quarter of 2024, boosted by its Global Banking and Market unit. Your complimentary guest account includes access to a limited number of articles.
Goldman Sachs profit doubles as stock traders score record haul
The fixed-income trading business posted $2.74 billion in revenue, driven by gains in currencies, mortgages and credit products. The stock-trading unit logged $3.45 billion in the quarter. That pushed the full-year haul from that group to $13.4 billion, which amounted to record net revenue, according to Goldman.
Goldman Sachs 'pleased' with 'strong results' as profit tops Wall Street estimate
Goldman Sachs Group Inc.'s Chief Executive David Solomon said he's "pleased" with the bank's "strong" results after the investment bank handily topped Wall Street estimates for its fourth-quarter profit.
Goldman Sachs’ Q4 Net Income More Than Doubles, Earnings Beat Wall Street Estimates: Retail Overjoyed
Shares of Goldman Sachs Group Inc (GS) rose nearly 5% on Wednesday after the bank’s fourth-quarter earnings topped Wall Street estimates by a wide margin. The bank reported earnings per share (EPS) of $11.
20h
on MSN
JPMorgan Chase and Goldman Sachs Post Surging Profits
Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan ...
18h
Bank CEOs expect Trump bump to business as profits surge
Wall Street CEOs voiced confidence on Wednesday that the incoming administration would be business-friendly and good for banks.
Reuters
3d
Goldman Sachs creates new division to boost focus on financing
"There is significant demand from our investing clients for private credit and private equity," CEO David Solomon said in a
statement
... He focuses on
Goldman
Sachs
and
Bank
of America, and ...
1d
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi are kicking off earnings season on Wednesday with their December-quarter ...
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