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.
Goldman Sachs drove $7.73 billion of investment banking revenue in 2024, up 24% from a year earlier, thanks to significantly higher revenue from debt underwriting—primarily from leveraged ...
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 ...
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.
To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. JPMorgan Chase, Goldman Sachs, Citi and Wells Fargo all reported fourth-quarter earnings Wednesday ...
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