Goldman Sachs’ total revenue hit $15.1 billion, beating the $14.8 billion forecast|Abhijithsaravanan|CC BY-SA 4.0
Goldman Sachs earned a record $4.19 billion from stock trading in the first quarter, up 27% from last year.
It was driven by market volatility that has benefitted the bank. However, CEO David Solomon has requested clarity on the president’s economic policy.
Total revenue hit $15.1 billion, beating the $14.8 billion forecast.
Last week, JPMorgan and Morgan Stanley also reported strong Q1 earnings.