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.
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 ...
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 ...
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 ...
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 ...
Big banks including JPMorgan Chase and Goldman Sachs start reporting their fourth-quarter earnings today. Here are three things to eye in the results: 1. Revenues from investment banking and ...
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.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback