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.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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…
Fuente: NBCLA - 🏆 319. / 59 Leer más »