business / news / / The Economic Times
Goldman Sachs posted a rise in first-quarter profit on Monday.
Goldman's equity trading revenue rose 27% to a record $5.33 billion in Q1.
KEY POINTS
- Goldman led global M&A proxy fees, which rose 19% year-over-year to $11.3 billion.
- Goldman is a lead bank for SpaceX's IPO, expected to raise $75 billion in June.
- Goldman's asset and wealth management revenue increased 10% to $4.08 billion in Q1.
- Goldman completed its acquisition of Innovator Capital Management, raising ETF assets to $90 billion.
COMPANIES
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