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.
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Goldman’s profit roughly doubled in Q4 thanks in large part to surging revenues from deal-making, underwriting, and trading.
Net income: US$13.5b (up 72% from FY 2023). Profit margin: 26% (up from 17% in FY 2023). The increase in margin was driven by ...
Goldman Sachs CEO David Solomon is both optimistic and cautious about the uncertain economic landscape of 2025 and beyond – a ...
Goldman Sachs drove $14.28 billion of profit in 2024, up 68% from the year earlier, reflecting gains in investment banking ...
Stephany Kirkpatrick took a career risk when she turned down a job at Goldman Sachs and joined SoulCycle. She says it ...
Goldman Sachs shares gained in premarket trading Wednesday after the bank reported better-than-expected fourth-quarter ...
The stock market was rallying broadly on Wednesday, but Goldman Sachs was giving the Dow a big boost. With the Dow up 657 ...
Goldman Sachs Group Inc. veteran Greg Olafson is leaving the firm to join merchant bank BDT & MSD Partners as president, ...
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