Goldman Sachs Reports Sharply Higher Earnings, Helped by Asset and Wealth Management

From Wall Street Journal:

Goldman Sachs reported a significant increase in profit for the fourth quarter, attributed to a strong performance in its asset and wealth management business. The bank announced a quarterly profit of $2.01 billion, marking a 51% increase from the same period a year ago. The impressive financial results reflect the bank’s success in navigating the challenging economic landscape.



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