Goldman Sachs posted a strong fourth-quarter earnings report Tuesday. Its profits for the three months ending December 31 jumped 51% to over $2 billion.

Goldman Sachs Reports Sharply Higher Earnings

08:04am, Tuesday, 16'th Jan 2024
Revenue from investment banking and trading, Goldman's traditional powerhouses, were both down for the quarter.
Goldman Sachs reported a significant drop in its net earnings for 2023, down from $11.26 billion YoY in 2022 to $8.52 billion year-on-year on January 16th 2024. However, its quarterly earnings were up
Goldman Sachs Group Inc.'s stock GS, -0.53% was up by 1.6% in premarket trading on Tuesday after the investment bank's fourth-quarter profit beat analysts' reduced expectations. Goldman Sachs said its
Goldman Sachs' profit rose 51% in the fourth quarter as its equity traders capitalized on a recovery in markets and revenue from its asset and wealth business rose, offsetting weakness in investment b
Banks on Tuesday will urge the U.S. Federal Reserve to completely overhaul a draft rule hiking bank capital, in the latest leg of Wall Street's effort to water down the Basel Endgame proposal that ban

Markets Closed in Remembrance of Dr. King

11:19am, Monday, 15'th Jan 2024
Even though we're only just half way through the month, the lion's share of economic reports -- non-earnings-season-related -- have already happened for January.
Goldman Sachs is reportedly increasing its efforts to court ultra-rich clientele. The banking giant has been more focused on lending to private wealth customers — those with an average of $60 millio
After BlackRock (BLK) impressively surpassed its Q4 earnings expectations on Friday, investors are surely wondering if Goldman Sachs (GS) can do the same when it reports its quarterly results next Tue

Banks Can't Count on Loans For Growth

12:06pm, Friday, 12'th Jan 2024
As interest rates fall, growing loans is getting more important, but also trickier.
Baird's David George and CFRA's Ken Leon join 'Squawk on the Street' to discuss how investors should be positioning in big banks.
Stephanie Link, Hightower chief investment strategist and portfolio manager, joins 'Squawk Box' to break down the latest bank quarterly earnings results, impact on stock performance outlook, and more.
Business and Financial Performance: Goldman Sachs relies heavily on trading, facing challenges in retail banking. The institution exhibits notable financial metrics, including substantial revenue and
Goldman Sachs (GS) concluded the recent trading session at $379.75, signifying a -0.58% move from its prior day's close.
Every three months, like clockwork, the earnings roll in. And every three months, the big banks usher in the “official” start of earnings season.
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