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.
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 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 ...
Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 ...
Citi wealth head Andy Sieg told employees that net new investment assets — which surged last year — are the division's "North ...
Investors are awaiting earnings from Big Banks earnings this week, watching especially closely for guidance updates. Citi (C) ...
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 enjoyed a solid quarter, with a revenue beat driven by net interest income. The board approved a new $20 billion share buyback program.
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