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Goldman Sachs Eyes $70B Revenue Base as Asset, Wealth Growth Accelerates

Summary by MarketBeat
David Solomon, chairman and chief executive officer of The Goldman Sachs Group (NYSE:GS), said the firm is focused on expanding earnings, improving operating efficiency and building a more durable revenue base as it pursues growth across Global Banking & Markets and Asset & Wealth Management

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Goldman's CEO Sachs, David Solomon, warned that the bank's fixed income trading area has a weaker performance than in previous quarters and that expenses are higher throughout the company. The fixed income segment had a more moderate performance during the third quarter compared to the stock trading, which remained "very strong," Solomon said on Wednesday (16), during a Barclays Plc conference. "The business levels have been very high and the co…

·Rio de Janeiro, Brazil
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ReutersReuters
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Goldman CEO says fixed income, currencies, commodities business slightly softer in Q3

·London, United Kingdom
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Goldman Sachs CEO Solomon flags $500M jump in non-compensation expenses for Q3

Goldman Sachs CEO David Solomon warns Q3 non-compensation expenses will exceed $500M above Q2 levels, with equities strong but FICC trading

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Reuters broke the news in London, United Kingdom on Wednesday, September 16, 2026.
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