Goldman Sachs just posted a 22% profit jump, but the headline only tells part of the story. On today’s Market Outsiders, Jenny Rae and Namaan break down what’s really driving the surge, and why trading desks, not dealmakers, are leading the charge.
We dig into what the numbers reveal about investment banking, how fee mix and volatility are reshaping revenue streams, and why market sentiment is playing an outsized role this quarter.
Plus, we look at what this means for JPMorgan, Citi, and other top banks - and why analysts may need to rethink their models.
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