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Home » News » Goldman Sachs cashes in on stock market turmoil as bank posts $4.7B profit
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Goldman Sachs cashes in on stock market turmoil as bank posts $4.7B profit

Emily CarterBy Emily Carter USA
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Goldman Sachs charged the agitation of the stock market on the rates of President Donald Trump, with the Bank’s shares merchants in consumption of his highest income in the first three months of this year.

The United States financial giant launched its first ESult quarter before the opening bell on Monday, publishing net earnings of $ 4.7 billion for the first quarter of 2025 and revenues of $ 15.06 billion.

A presentation published this morning showed that the negotiation division reported revenues of $ 4.2 billion, 27% more than the same period last year.


David Solomon, CEO of Goldman Sachs, was interviewed by the United States Finance editor, Lananh Nguyen, at the Reuters Next Conference in New York City, on December 10, 2024.
Solomon, 63, has been in the best work in Goldman Sachs since 2018 when he replaced Lloyd Blankfein as CEO. Reuters

“While we enter the second quarter with a markedly different operational environment than earlier this year, we remain insurance of our ability to continue supporting our clients,” said Goldman Sachs CEO, David Solomon, in a plan of ends.

The analysts surveyed by the London Stock Exchange Group had predicted revenues of $ 14.8 billion.

The price of an action at Goldman Sachs closed to $ 494.44 on Friday when the rivals of Crosstown Jpmorgan and Morgan Stanley presented their earnings with the JPMorgan CEO, Jamie Dimon, warn how Cocker triumphs to start a Trump Trump Trump to a Trump Trump trafficker Trump Trumps. American economy.

The movement of the commander in chief to beat the imports of a wide range of values ​​markets of the nations that are tanking before a last change of U that only left levies against Chinese products in rhythm, the rest was delayed for 90 days.


John Waldron, president of Goldman Sachs, speaking at the top of the 2024 Semafor World Economy in Washington, DC
According to the reports, John Waldron was considering a great movement of money to Marc Rowan’s overall management before being sacrificed a Golden Handuffs Handcffs Bonus of five years of $ 80 million to stay in 200 West Street. AFP through Getty Images

Solomon, who raised $ 39 million in compensation last year, and his second in command, Operations Director John Waldron has faced the heat of some Wall Street observers after both received a bonus of gold wives of $ 80 million five years.

The striking sums, which are subject to being signed by the bank’s compensation committee, were seen as a work to keep Solomon and Waldron with the company.

Last month, Financial Times reported that Waldron was observing a work of $ 500 million in private capital with Marc Rowan’s global management.

Payment defenders have also indicated Goldman’s growing profits, which have sent a price rocket of shares in more than 30% during the past year.

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