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".