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.
Chairman & CEO David Solomon calls private credit's growth “one of the most important structural trends taking place in ...
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 ...
It used to take two weeks for a team of six bankers to do the same task, Goldman Sachs CEO David Solomon said.
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 ...
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 ...
Zero Banking Alliance follows the exits of five other major U.S. banks from the climate coalition in the past month.
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 ...
David Solomon has refocused Goldman on its core skills, while Jane Fraser is still struggling to get Citi into shape.
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