Goldman Sachs blockbuster profit helps absorb US$3bil Malaysian 1MDB settlement

Goldman Sachs blockbuster profit helps absorb US$3bil Malaysian 1MDB settlement

The Star Online - Business·2021-01-20 08:01

Goldman Sachs Group Inc posted a blockbuster fourth-quarter profit that dwarfed Wall Street estimates on Tuesday, but executives warned that capital markets activity fueling results lately will probably slow down and that the bank's consumer business will take longer to get in the black.

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