Goldman Sachs Reports Impressive Profit Increase Driven by Debt Underwriting and Fixed-Income Trading
Monday, 15 July 2024, 11:57
Goldman Sachs Profit Surge Highlights
Earnings soared to $3.04 billion, up from $1.22 billion a year ago.
Key Factors
- Debt Underwriting: Strong performance in debt underwriting activities.
- Fixed-Income Trading: Robust growth in fixed-income trading operations.
The bank's earnings per share climbed to $8.62, compared to $3.08 per share in the previous year. This impressive financial report underscores Goldman Sachs' success in debt underwriting and fixed-income trading.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.