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.
The boost, to $39 million for 2024, makes the CEO the best-paid among the top six U.S. banks. Goldman is also tying four ...
Some of Wall Street’s biggest banks reported a surge in profit today on the back of a rebound in dealmaking and strengthening ...
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from ...
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.
Citi wealth head Andy Sieg told employees that net new investment assets — which surged last year — are the division's "North ...
Zero Banking Alliance follows the exits of five other major U.S. banks from the climate coalition in the past month.
Investors have two big themes to consider today: bank earnings and inflation. Citi, Goldman Sachs, JPMorgan and Wells Fargo are all set to report results before the bell. Investors hope fourth ...
David Solomon has refocused Goldman on its core skills, while Jane Fraser is still struggling to get Citi into shape.
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