Trading stock Goldman Sachs Traders Post Quarter

Unlock Digest Editor free

Halef’s roller, FT editor chooses his favorite stories in this weekly newsletter.

In the first three months of 2025, Goldman Sachs stock traders delivered their best quarter, as the market’s instability after Donald Trump’s return to the White House increased profits at Wall Rate.

Golden A $ 4.7 billion in profit is reported, which is 15 percent compared to the year and estimates the estimate of analysts for $ 4.3 billion.

Trade – and, in particular, the shares – was a great performer in the quarter, which made Goldman the latest Bank Wall Rate to report great benefits in the business after JPMorgan Chase and Morgan Stanley on Friday.

The stock revenue was 27 percent higher than a year ago, at $ 4.2 billion. Fixed income, currencies and bank goods were only 2 percent higher, at 4.4 billion.

Increasing emphasizes why banks sought to maintain their trade units, despite many years of weak returns after the 2008 financial crisis.

The business struggled with a tougher normative regime that made its own bidding much more difficult, as well as interest rates on rock-days that muted the volatility of the market.

But the trade returned to the fore when the sharp politicians of the Trump administration caused madness in the markets.

“It was a long road to return to where they were,” said Jason Goldberg, a bank analyst at Barclays.

“US banks have been stuck with him and rebuilt and rebuilt. This has certainly benefited them over the past few years as interest rates and volatility have increased.”

Although certain volatility is useful for bank trading units, too much uncertainty can lead to markets.

Volatility also reduced investment banking. Investment banks in Goldman decreased by 8 percent to $ 1.9 billion. The number of new transactions presented since the beginning of January is The lowest for more than a decade.

Goldman said the lagging behind investment bank payments has increased since the end of 2024.

But executive director David Solomon warned that the bank “entered the second quarter with a noticeably different exploitation than earlier this year.”