Tag: Goldman Sachs

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With investment-banking business surging in the first quarter, big-bank bosses have made no secret of their enthusiasm for Wall Street, and they're holding out fresh hope for a sustained resurgence in trading.

Wall Street bosses are finally seeing signs of a broader turnaround in investment banking, but they are not yet cheering. In the first quarter, the investment banking divisions of the biggest U.S. banks grew strongly, with revenues and fees rising sharply. The capital markets are leading the recovery, executives say.

(Bloomberg) -- Exposure to stocks is now so high that any weakness could trigger a bigger plunge once investors start trimming long positions, according to top Wall Street strategists. Bloomberg's Most Read Beyond the University of Illinois: Surprise Winners on the List of Colleges with the Highest Returns on Investment Iran's Attack on Israel Sparks a Race to Avoid an All-Over Battle Apple Fruit Noodles Facing the Worst iPhone Slump Since Covidien, Rise of Competitors Tesla's Gao Koon Bagliano Departs, Mas resonance Loses Another Top Deputy Israel vs.

"There seems to be a general sense of relief that the Iranian bombing of Israel on Saturday was largely repelled and apparently relatively easy".

U.S. stocks tumbled last week in anticipation of a strike, but look set to rebound modestly as the new week begins.

Goldman Sachs (Goldman Sachs) warned that with the pension funds to meet the retirement tide to sell assets, British companies will face the risk of lack of investment.

Goldman Sachs said Monday that its first-quarter profit rose by double digits, buoyed by the general performance of the stock and bond markets in the first few months of the year. Goldman Sachs has struggled through much of 2023, as higher interest rates have prevented the firm from making deals and acquisitions. The New York-based investment bank reported a profit of $4.13 billion, up 28% from a year earlier.

Goldman Sachs' first-quarter profit rose 28% as the Wall Street giant made strides in investment banking, trading and wealth management.