Goldman Sachs traders capitalised on volatility in the US market. Photo: Bloomberg
Goldman Sachs’ profit rose in the fourth quarter, fuelled by deal-making, stronger trading revenues in a turbulent market, and a one-time gain from leaving its credit card partnership with Apple.
The bank’s equity traders capitalised on volatility and a broader rally in the US market as investors speculated on the Federal Reserve’s interest-rate path and the prospects for AI companies.
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