Investment Banking

Multi-year highs mark Goldman's golden quarter

US bank follows its Wall Street rival JP Morgan with a stellar set of results for the first three months of the year

Multi-year highs mark Goldman's golden quarter
Photo: Getty Images

Goldman Sachs has posted its best set of quarterly revenues in four years, as the US bank mirrored its Wall Street rival JP Morgan with strong first-quarter performance across multiple business lines.

The US bank on Thursday reported group-wide revenues of $10.6 billion for the first three months of 2015, up 14% on the same period a year earlier on the back of an impressive showing across both sales and trading and investment banking. Kian Abouhossein, a banks analyst at JP Morgan, described the results as "very strong".

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