Goldman Sachs post higher Q1 profits

By Agence France-Presse

Apr 17, 2024 12:26 am

NEW YORK CITY: Goldman Sachs reported higher first-quarter (Q1) profits on Monday on a strong performance across most businesses, benefiting from a boost in merger activity and increased market revenues.

Profits were $3.9 billion, up 27 percent from the year-ago period and translating into much better earnings per share than expected. Revenues rose 16 percent to $14.2 billion.

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