Goldman Sachs Earnings: Profit Surges, Powered by Investment Banking
Goldman Sachs said its profit more than doubled in the fourth quarter, boosted by companies’ growing appetite for dealmaking. Profit jumped 105% to $4.11 billion. That amounted to $11.95 per share, which was far better than the $8.
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.
Chairman & CEO David Solomon calls private credit's growth “one of the most important structural trends taking place in ...
It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.
Goldman Sachs drove $14.28 billion of profit in 2024, up 68% from the year earlier, reflecting gains in investment banking and trading. Fourth-quarter per-share earnings of $11.95 handily topped ...
Citi (C), JPMorgan Chase (JPM), Goldman Sachs (GS), and Wells Fargo (WFC) report on Wednesday, while Bank of America (BAC) and Morgan Stanley (MS) release results on Thursday. RBC Capital ...
Zero Banking Alliance follows the exits of five other major U.S. banks from the climate coalition in the past month.
David Solomon has refocused Goldman on its core skills, while Jane Fraser is still struggling to get Citi into shape.
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 ...
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Goldman Sachs, Houlihan Lokey lead 2024 M&A financial advisory rankingsGoldman Sachs and Houlihan Lokey have emerged as the top mergers and acquisitions (M&A) financial advisers for 2024 by value ...
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