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Tuesday, September 24, 2024

Goldman Sachs misses 4th-quarter earnings forecasts as investment banking, asset management revenue sink

Goldman Sachs reported fourth-quarter earnings Tuesday that fell short on analysts’ estimates, with the Wall Street giant seeing declines in investment banking and asset management revenue. Asset management revenue tumbled 27% to $3.56 billion, and investment banking fees sank 48% to $1.87 …

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