Latest Investment banking and brokerage News

Profits at Goldman Sachs surge in 1Q, helped by trading

Apr. 14, 2021 09:57 AM EDT

NEW YORK (AP) — Investment bank Goldman Sachs saw its profits nearly quintuple in the first quarter, driven by a massive surge of revenue from its core investment banking and trading operations. The jump in profits is similar to that seen at JPMorgan Chase, which also...