Goldman Sachs reported fourth-quarter profit attributable to common shareholders of US$4.4 billion, or US$14.01 per share, up from US$3.9 billion, or US$11.95, a year earlier. Equity trading revenue came in at about US$4.3 billion, a level described internally as one of the strongest on record for the Wall Street firm. Fixed Income, Currencies and Commodities trading rose 12.5% to roughly US$3.1 billion, reflecting heavy investor positioning as markets weighed the Federal Reserve’s rate path and the outlook for artificial intelligence investments. The quarter placed Goldman among a cohort of Wall Street banks reporting robust results, underscoring a broader rebound in trading and advisory revenue across the industry. Trading income is inherently volatile and sensitive to market sentiment and rate expectations, while advisory revenue depends on continued deal appetite and macro stability.

Source: Economic Times January 16, 2026 14:00 UTC