REUTERS: Goldman Sachs Group Inc on Wednesday posted its best quarterly performance in a decade by some measures, as trading has moved back into the limelight and its lack of a big consumer business has switched from a curse to a blessing.
Analysts say that is the right strategy for the long term, but for now, Goldman’s business mix is just right. Goldman’s investment banking business also benefited from several high-profile IPOs including Snowflake, Rocket Companies and Dun & Bradstreet during the quarter.
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