Goldman Sachs Reports Record Equities Revenue but Falls Short in Fixed Income
Goldman Sachs achieved a record $5.33 billion in equities revenue for the quarter, but its fixed income division underperformed, reporting $4.01 billion, below analyst expectations. The underperformance led to a 3.4% drop in shares, the worst in the KBW Bank Index. Investment banking showed strong growth with advisory fees up 89% year-over-year.
Tickers: $GS
Topics: Equities Desk Fixed Income Revenue Goldman Sachs Investment Banking Private Credit Q4 Earnings