Equities traders at Goldman Sachs delivered their best quarter on record in the first three months of 2025, as market volatility following Donald Trump’s return to the White House boosted profits at the Wall Street bank.
Goldman reported net income of $4.7bn, up 15 per cent from a year ago and beating analysts’ estimates for $4.3bn.
Trading — and equities in particular — was the standout performer in the quarter, making Goldman the latest Wall Street bank to report strong gains in business following JPMorgan Chase and Morgan Stanley on Friday.
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