"Goldman Sachs Surges with Windfall Profits from Trading and Investment Banking"
TL;DR Summary
Goldman Sachs Group Inc. reported a 28% increase in net income in the first quarter, surpassing expectations and outperforming its chief rival JPMorgan Chase & Co. The surprise surge was driven by successful traders and bankers capitalizing on a resurgence in dealmaking activity, showcasing the benefits of the company's back-to-basics approach.
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- Goldman's Windfall: The Bloomberg Close, Americas Edition Bloomberg
- Goldman Sachs tops first-quarter estimates fueled by trading, investment banking CNBC
- Goldman Sachs Earnings Suggest the Bank Is Back. What It Means for the Stock. Barron's
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