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Goldman Profit Jumps 45%; Stock Trading Set for Record Year
News October 15, 2024 at 11:24 AM
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What You Need To Know
- The bank's asset and wealth management business posted revenue of $3.75 billion, up 16% from a year earlier.
- Net income jumped to $2.99 billion, or $8.40 a share; revenue climbed 7% to $12.7 billion.
- Despite notching results that topped expectations, CEO David Solomon struck a cautious note on regulators' attempts to impose stiffer capital rules on banks.
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