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Goldman Sachs doubles profits
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.
Goldman Sachs' profits soar in Q4 as investment banking segment booms
Goldman Sachs reported on Wednesday higher fourth-quarter profit above market estimates, powered by strong growth in revenues, especially in investment banking fees. For the quarter, net earnings applicable to common shareholders surged 110% to $3.
Goldman Sachs doubles profits as investment bank fees rise
Goldman Sachs enjoyed a robust final quarter of 2024, boosted by its Global Banking and Market unit. Your complimentary guest account includes access to a limited number of articles.
11h
on MSN
David Solomon scores an $80 million bonus. Doubt surrounded his tenure at Goldman Sachs as recently as 2023.
Wall Street investment bank, whose stock price hit a record high this week, awards CEO Solomon a stock bonus set to vest in ...
5h
Goldman Sachs CEO gets big pay boost, and $80 million bonus for another five years at helm
Goldman's president and chief operating officer was also awarded a retention bonus of $80 million in restricted stock, the bank said on Friday.
4d
Goldman Sachs creates new division to boost focus on financing
Goldman Sachs announced a raft of leadership changes as it created a new division to focus on financing large deals and ...
4d
Goldman Sachs: Upcoming Earnings With Optimistic Outlook
Goldman Sachs stock surged 46%, driven by revenue growth in banking and asset management. Read my earnings preview of GS ...
2d
What Goldman Sachs’ Quarterly Results Reveal About the Economy
This backlog means that the bank expects higher bond prices and lower yields, which could result in a dealmaking activity surge in 2025 as the financing environment becomes more flexible. More than ...
2d
US earnings latest: Wall Street profits surge on trading boom
Wall Street banks JPMorgan Chase, Goldman Sachs and Citigroup notched up strong rises in profits at the end of last year, ...
1d
Exclusive: Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal, sources say
Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar ...
1d
on MSN
Goldman Sachs CEO David Solomon says AI can write 95% of an IPO prospectus, ‘last 5% now matters, rest is commodity’
Goldman Sachs' CEO David Solomon said AI can write 95 per cent of an IPO prospectus accurately, and people are now required ...
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