Goldman Sachs Avoids Further Cuts Amid Strong Performance
Goldman Sachs decides against second round of job cuts as investment banking fees surge 25% and trading revenue rises.
In this episode, we explore why Goldman Sachs has decided against a second round of performance-based job cuts this year. With investment banking fees up over 25% and strong trading revenue, the bank is in a better position than expected. We also discuss how the initial concerns around Trump's tariffs and market volatility have eased, leading to a more optimistic outlook for Goldman Sachs and the broader banking industry. Tune in to learn more about the factors influencing this decision and what it means for the future of Wall Street.
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