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 ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why ...
Among the S&P 500’s eleven sectors, Financials are expected to report the highest year-over-year earnings growth at nearly 40 ...
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 wealth head Andy Sieg told employees that net new investment assets — which surged last year — are the division's "North ...
Expectations for a pro-business climate under the incoming Trump administration has lifted the spirits of major bank ...
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 ...
TORONTO (Reuters) -Four of Canada's biggest lenders said on Friday they were withdrawing from a global banking sector climate ...
By Nivedita Balu TORONTO (Reuters) -TD Bank, Bank of Montreal and National Bank of Canada said on Friday they were ...
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