Published 14 days ago

Goldman Sachs profit jumps 28% on investment banking strength

Equity and bond underwriting have rebounded as corporations become more confident in raising money in capital markets.
Goldman Sachs reported a 28% rise in profit to $4.13 billion in the first quarter, with investment banking fees climbing 32% to $2.08 billion.
Institutional Shareholder Services recommended splitting the chairman and CEO roles at Goldman Sachs, currently held by David Solomon, to relieve pressure after losses in consumer banking.

Insights by Ground AI

Does this summary seem wrong?

0 Articles

All

Left

Center

Right

Reuters

Goldman Sachs profit jumps 28% on investment banking strength

Goldman Sachs profit rose 28% in the first quarter, buoyed by a recovery in debt underwriting and dealmaking that boosted its investment banking unit, it reported on Monday.

14 days ago·United Kingdom

Read Full Article

CNBC

Goldman Sachs tops first-quarter estimates fueled by trading, investment banking

Goldman Sachs CEO David Solomon has taken his lumps in the past year, but hope is building for a turnaround.

15 days ago·United States

Read Full Article

Globo

Goldman Sachs' profit and revenue exceed estimates in the first quarter

Bank shares go up more than three percent in the pre-market business in New York City.

14 days ago·Brazil

Read Full Article

The Straits Times

Goldman Sachs profit beats Wall St estimates as investment banking fuels highest earnings since 2021

It had a headcount of 44,400 at the end of March, after laying off thousands of employees in 2023 Read more at straitstimes.com.

14 days ago·Singapore

Read Full Article

Bloomberg

Goldman’s Wall Street Machine Revs Up Driving Surprise Profit Surge

Goldman Sachs Group Inc.’s back-to-basics approach is paying off as it posted profits that vaulted past expectations.

14 days ago·United States

Read Full Article

Devdiscourse

Goldman Sachs profit beats as investment banking fuels highest earnings since 2021

Goldman Sachs profit beats as investment banking fuels highest earnings since 2021 Goldman Sachs' profit beat Wall Street estimates, fueled by a recovery in underwriting, deals and bond trading in the first quarter that lifted its earnings per share to the highest since late 2021. The results reflected a strong comeback for investment banking -- Goldman's traditional mainstay -- after a slowdown over the last two years.Rivals JPMorgan Chaseand …

14 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Coverage Details

Total News Sources0

Leaning Left1Leaning Right1Center6Last Updated14 days agoBias Distribution

75% Center

Bias Distribution

75% of the sources are Center

74% Center

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Goldman Sachs profit jumps 28% on investment banking strength

0 Articles

0 Articles

Goldman Sachs profit jumps 28% on investment banking strength

Goldman Sachs profit jumps 28% on investment banking strength

Goldman Sachs tops first-quarter estimates fueled by trading, investment banking

Goldman Sachs tops first-quarter estimates fueled by trading, investment banking

Goldman Sachs' profit and revenue exceed estimates in the first quarter

Goldman Sachs' profit and revenue exceed estimates in the first quarter

Goldman Sachs profit beats Wall St estimates as investment banking fuels highest earnings since 2021

Goldman Sachs profit beats Wall St estimates as investment banking fuels highest earnings since 2021

Goldman’s Wall Street Machine Revs Up Driving Surprise Profit Surge

Goldman’s Wall Street Machine Revs Up Driving Surprise Profit Surge

Goldman Sachs profit beats as investment banking fuels highest earnings since 2021

Goldman Sachs profit beats as investment banking fuels highest earnings since 2021

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics