BUSINESSQUARTZ
Goldman Sachs smashed profit expectations as dealmaking and equities trading hit records
Goldman Sachs exceeded profit expectations with record performance in equities trading and a significant rise in investment banking fees. The bank's equities unit earned $7.42 billion, marking its third consecutive all-time record, while investment banking fees increased by 55%.
Related Signal
Adjacent reporting
- Wells Fargo's profit surged past expectations on wealth and investment banking gains
- JPMorgan Sees Record Profit as Stock-Trading Climbs 86%
- JPMorgan beats profit expectations by the most in five years, as equity-markets revenue surges
- JPMorgan Chase profit hits $16.9 billion in the second quarter, boosted again by market volatility