Wednesday, February 1, 2023
No Result
View All Result
  • Home
  • Recent
  • Business
  • Economy
  • Investing
  • Markets
  • Personal Finance
  • Retirement
  • Tech
  • Startups
  • Insurance
  • Market Research
  • Crypto
  • Home
  • Recent
  • Business
  • Economy
  • Investing
  • Markets
  • Personal Finance
  • Retirement
  • Tech
  • Startups
  • Insurance
  • Market Research
  • Crypto
No Result
View All Result
Home Business

Goldman Sachs profits nearly halve as dealmaking slows

Updates Finance by Updates Finance
July 18, 2022
in Business
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Jaafar Jackson, Michael Jackson’s Nephew, To Star as ‘Michael’ In Upcoming Biopic

Money-Saving Tips Entrepreneurs Often Miss in Tax Filing Season

How to Listen to Your Intuition in Business

Goldman Sachs has reported a 47 per cent drop in second-quarter profits, as the Wall Street giant suffered from a slowdown in investment banking fees and plummeting revenues in asset management.

In second-quarter earnings, Goldman reported on Monday net income of $2.9bn or $7.73 per share, down from $5.5bn or $15.02 per share in the same period last year. This was still ahead of analysts’ estimates for $2.6bn or $6.65 per share, according to consensus data compiled by Bloomberg.

Net revenues for the first quarter totalled $11.9bn, down from $15.4bn a year earlier but beating analysts’ forecast for $10.7bn.

Revenue from investment banking was down 41 per cent at $2.1bn, in line with analysts’ estimates for $2.1bn. Rivals JPMorgan Chase and Morgan Stanley last week reported falls of 61 per cent and 55 per cent respectively in investment banking revenue.



Source link

Tags: dealmakingGoldmanhalveprofitsSachsSlows
Share30Tweet19
Updates Finance

Updates Finance

Recommended For You

Jaafar Jackson, Michael Jackson’s Nephew, To Star as ‘Michael’ In Upcoming Biopic

by Updates Finance
January 31, 2023
0

Looks like Michael Jackson fans are finally getting a proper biopic. CNN reports that Michael Jackson’s nephew Jaafar Jackson will star as the legendary pop star in the...

Read more

Money-Saving Tips Entrepreneurs Often Miss in Tax Filing Season

by Updates Finance
January 31, 2023
0

Opinions expressed by Entrepreneur contributors are their own. There is one time a year that requires a detailed level of attention for a business owner, no matter the...

Read more

How to Listen to Your Intuition in Business

by Updates Finance
January 31, 2023
0

When you make a business decision, do you rely on your head or your gut? Are you strictly a by-the-numbers business owner, or do you “have a feeling”...

Read more

Why tech stocks hate higher interest rates

by Updates Finance
January 31, 2023
0

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. SubscribeTuesday, January 31,...

Read more

UK economy to shrink more than Russia, predicts IMF

by Updates Finance
January 31, 2023
0

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emailsSign up to our free breaking news emailsBritain’s economy will...

Read more
Next Post

Dollar has gained over 25 per cent against INR since 2014

Related News

The Most Important Brand Tracker Question you are Probably Omitting

January 10, 2023

Bridge & Rental Loans for Real Estate Investors

October 13, 2022

The Four Largest U.S. Weight Loss Markets

December 15, 2022

Browse by Category

  • Business
  • Cryptocurrency
  • Economy
  • Insurance
  • Investing
  • Latest updates
  • Market Research
  • Markets
  • Personal Finance
  • Retirement
  • Startups
  • Technology

Get the latest Financial news on updatesfinance.com. Business news, Economy news, Investing news, Personal Finance and more.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Insurance
  • Investing
  • Latest updates
  • Market Research
  • Markets
  • Personal Finance
  • Retirement
  • Startups
  • Technology

Recent News

  • Geely’s Lotus Going Public via SPAC at $5.4 Billion Valuation
  • OpenAI releases tool to detect AI-generated text, including from ChatGPT • TechCrunch

Copyright © 2022 - Updates Finance..

No Result
View All Result
  • Home
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Updates Finance..

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?