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Quartz·1 min read·easy

Goldman Sachs smashed profit expectations as dealmaking and equities trading hit records

Cris Tolomia
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Goldman Sachs reported record-breaking profits driven by strong performance in its equities unit and investment banking fees. The bank exceeded analyst expectations, marking a significant period of growth in dealmaking.

The bank's equities unit brought in $7.42 billion, its third consecutive all-time record, while investment banking fees climbed 55%

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