Goldman Sachs profit more than doubles to $3B as Wall Street dealmaking rebounds
Goldman Sachs(GS) New York Post·2024-07-16 00:03
Goldman Sachs’ profit more than doubled in the second quarter and beat analysts’ estimates on strong debt underwriting and fixed-income trading, but slipped from a bumper first quarter when earnings were the highest since 2021.The resilience of the US economy has given corporate executives the confidence to pursue acquisitions, debt sales and stock offerings.“We are pleased with our solid second quarter results and our overall performance in the first half of the year, reflecting strong year-on-year growth ...