0831 ET - Goldman Sachs CEO David Solomon says the bank delivered very strong performance for its shareholders during the recent quarter, even as market conditions became increasingly volatile. "Our clients continue to depend on us for high quality execution and insights amid the broader uncertainty, and we remain confident in how we've positioned our businesses," he says in a press release. "The geopolitical landscape remains very complex--so disciplined risk management must remain core to how we operate." The bank posts higher profit and revenue in 1Q, boosted in part by rising mergers and stock trading, which drove a record performance in its core banking and markets division. Net revenues in Fixed Income, Currency and Commodities (FICC), however, were $4.01 billion, 10% lower than 1Q 2025. Goldman Sachs sinks 4% premarket. (connor.hart@wsj.com)
(END) Dow Jones Newswires
April 13, 2026 08:31 ET (12:31 GMT)
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