Goldman Sachs Beats Q2 Estimates, Signaling Wall Street Rebound
Goldman Sachs(GS) FX Empire·2024-07-15 19:43
Wall Street’s Comeback KidAmong the six largest U.S. banks, Goldman Sachs stands out due to its heavy reliance on investment banking and trading for revenue generation. The firm’s performance in these areas is particularly crucial, as they form the backbone of its business model.Solomon’s Strategic ShiftCEO David Solomon has been steering Goldman towards new growth avenues. The asset and wealth management sectors have been earmarked as potential engines for expansion. This quarter’s results will be closely ...