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Recent Articles

  • Goldman Sachs Reports 150% Year-Over-Year Increase in Profits, Boosted by Wall Street's Resurgence in Dealmaking and Underwriting

    Goldman Sachs Reports 150% Year-Over-Year Increase in Profits, Boosted by Wall Street's Resurgence in Dealmaking and Underwriting

    Broke On: Monday, 15 July 2024 Goldman Sachs reports a 150% increase in Q2 2024 profits to $3.04 billion, driven by a resurgence in Wall Street dealmaking and underwriting activity, particularly in debt underwriting fees. Investment banking fees rose by 21%, while the asset-management division posted a 26% revenue increase.