David Solomon, chief executive officer of Goldman Sachs Group Inc., at the Goldman Sachs Financial Services Conference in New York, Dec. 6, 2022.Is Wall Street deal-making on the mend?
Among its big bank peers, Goldman Sachs is the most reliant on investment banking and trading revenue.That's been a headwind as mergers, initial public offerings and debt issuance all have been muted this year as theboosted interest rates to slow the economy down. With signs that activity has picked up lately, analysts will be eager to hear about Goldman's pipeline of deals.
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