<figure id="attachment_2975142" aria-describedby="caption-attachment-2975142" style="width: 1600px" class="wp-caption alignnone"><img loading="lazy" class="size-full wp-image-2975142" src="https://media.freemalaysiatoday.com/wp-content/uploads/2025/02/6e4aecaf-goldman-sachs.jpg" alt="Goldman Sachs" width="1600" height="1000" /><figcaption id="caption-attachment-2975142" class="wp-caption-text">Goldman Sachs&#8217; profits were boosted by a US$2.1 billion accounting benefit from dropping the Apple credit card venture. (EPA Images pic)</figcaption></figure>
NEW YORK: Goldman Sachs reported higher fourth-quarter profits Thursday on a surge in revenues from financial market trading and advisory fees on corporate mergers and acquisitions.
The giant investment bank reported profits of US$4.4 billion, up 12% from the year-ago period.
Investment banking fees came in at US$2.6 billion in the final three months of 2025, up 25% from the year-ago period, as Goldmann pointed to a &#8220;significant increase in completed mergers and acquisitions&#8221;.
The New York banking giant also scored double-digit increases in revenues for equities trading and fixed income, currency and commodities.
Overall revenues were US$13.5 billion, down 3% from the year-ago period, due largely to ending its credit card business with Apple.
However, Goldman&#8217;s profits were boosted by a US$2.1 billion accounting benefit from dropping the Apple credit card venture.
Goldman&#8217;s earnings per share topped analyst estimates, while revenues lagged projections.
&#8220;We continue to see high levels of client engagement across our franchise and expect momentum to accelerate in 2026,&#8221; said Goldman chief executive David Solomon.
Shares dipped 1.4% in pre-market trading.

MatchPoint Times

Goldman Sachs earnings jump on surge in merger fees, trading

The giant investment bank reported profits of US$4.4 billion, up 12% from the year-ago period.

Indonesian stocks fall 5% after last week’s US$80 billion rout

Tiong bidas Sim ‘gila kuasa’