Profits Leap at Goldman Sachs as Banks See Steady Economy
Bank of America separately reported its latest earnings on Tuesday, and in keeping with theme it beat analyst forecasts. Although its profit in the third quarter fell more than 10 percent from the same period last year, the decline was not as steep as expected, bolstered by a jump in trading revenue and investment-banking fees.
Goldman Sachs beats Wall Street forecasts as investment-banking fees surge 20%
Goldman Sachs reported third-quarter earnings on Tuesday that beat Wall Street's expectations. The investment bank generated $12.7 billion in net revenue, a 7% increase from the same period last year. It also cut its operating expenses by 8%, fueling a 45% surge in net income to $2.99 billion.
Goldman Sachs updated its forecast for China's GDP growth in 2024, raising it from 4.7% to 4.9%. This adjustment reflects the ...
Goldman Sachs' Saudi Arabia CEO, Khalid Albdah, is leaving the firm, a source familiar with the situation told Reuters on ...
Goldman Sachs Group Inc. is tapping the US investment-grade bond market on Wednesday, a day after posting earnings that ...
Goldman Sachs stock rose Tuesday after the bank reported third-quarter results above analysts' expectations, with revenue, ...
Goldman Sachs is understood to be the financial adviser to TriSpan. TriSpan’s Rising Stars Fund closed on $250 million in ...
Goldman Sachs showcases solid Q3 2024 earnings with growth in key segments despite credit loss provisions rising.
Goldman Sachs raised China's gross domestic product forecast to 4.9% from 4.7% for 2024, according to a research note, citing ...
Goldman Sachs: With China's economic stimulus, direction matters as much as size in shaping recovery signals Goldman Sachs' ...
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