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Goldman Reports 63% Profit Jump in Q3

Goldman Reports 63% Profit Jump in Q3

Goldman Sachs reported net profits of $5.4bn in Q3, up over 60% YoY. Investment Banking revenues jumped a massive 88% YoY to $3.7bn with advisory revenue hitting a record. Its Global Markets division generated quarterly net revenues of $5.6bn, up 23% YoY with FICC...
JPMorgan and Goldman Report Strong Earnings

JPMorgan and Goldman Report Strong Earnings

US banks kicked-off the earnings season with strong results from JPMorgan and Goldman Sachs on Tuesday: JPMorgan reported a net income of $11.9bn in Q2, up over 2.5x YoY from $4.7bn a year earlier. Both EPS and revenues also beat expectations coming in at $3.78/share...
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