Goldman Doubles Q4 Profits as Strategy Shift Pays Off

25.01.15

Goldman Sachs doubled its fourth-quarter profits to $4.1 billion, driven by record equity trading performance and strong investment banking results. The bank’s shares rose 2% as it exceeded most targets, with revenue reaching $13.87 billion and return on equity jumping to 14.6%. The successful quarter caps a year that saw Goldman’s stock rise 48%, making it the best-performing major U.S. bank of 2024.

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