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.

With corporations regaining some confidence to raise money in capital markets, equity and bond underwriting business rebounded. Revenue from trading in fixed income, currencies and commodities rose 10% to $4.32 billion, while equities revenue jumped 10% to $3.31 billion.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

U.S. stocks have ‘limited upside' from here, says Goldman Sachs Asset ManagementU.S. stocks have “limited upside” from here and investors should be looking for better opportunities elsewhere, according to Goldman Sachs Asset…
La source: NBCLA - 🏆 319. / 59 Lire la suite »