Goldman Sachs Group Inc. has released its financial results for the last quarter of 2021.<\/p>\n\n\n\n
The bank said operating expenses reached 23% in 2021, the highest since 2007.<\/p>\n\n\n\n
Earnings per share for the fourth quarter were $10.81, and expectations were for $11.77. Thus, Goldman Sachs profits fell 13% to $3.94 billion.<\/p>\n\n\n\n
Investment banking revenue rose 45% to $3.8 billion, as demand for mergers and acquisitions continued to recover.<\/p>\n\n\n\n
Goldman Sachs in the fourth quarter of the last year made $ 12,640 million, which is higher than expectations of $ 12,100 million.<\/p>\n\n\n\n
Goldman Sachs shares fell 2.5% in pre-opening trading after announcing its financial results.<\/p>\n\n\n\n
Bank earnings have been hurt this quarter by weak trading volumes as the Federal Reserve slowed the pace of its asset purchases after an 18-month period in which it pumped liquidity into capital markets to ease the impact of the COVID-19 pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"
Goldman Sachs Group Inc. has released its financial results for the last quarter of 2021. The bank said operating expenses reached 23% in 2021, the highest since 2007. Earnings per share for the fourth quarter were $10.81, and expectations were for $11.77. Thus, Goldman Sachs profits fell 13% to $3.94 billion. Investment banking revenue rose …<\/p>\n","protected":false},"author":9,"featured_media":35469,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7238,6858],"class_list":["post-58547","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-goldman-sachs","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/58547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=58547"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/58547\/revisions"}],"predecessor-version":[{"id":58548,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/58547\/revisions\/58548"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/35469"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=58547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=58547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=58547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}