The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange in New York City - Goldman Sachs' profit jumped 45% in the third quarter as the investment bank benefited from a rebound in dealmaking.
Goldman's investment banking fees jumped 20% to $1.87 billion. Leveraged finance, which refers to loans made to risky ventures like funding buyouts, and investment-grade activity powered a jump in debt underwriting. Goldman continues to take a hit from its ill-fated consumer business two years after stepping back from it. The company has since shifted its focus back on traditional mainstays of investment banking and trading.
The bank is exiting its credit card venture with automaker General Motors, which has signed a deal with Barclays.Eni S.p.A. : An Undervalued Foreign Stock to Buy According to Analysts Presentation on Wednesday, October 30th at 10:30 PM PT Ra’anana, Israel, Oct. 15, 2024 -- Rail Vision Ltd. , a technology company at the forefront of revolutionizing railway safety and the data-related market, today announced that it will present at the LD Micro Main Event XVII, which will be held at the Luxe Sunset Boulevard Hotel in Los Angeles, California, from October 28-30, 2024.