Goldman's profit tumbled 46%, but bank posts strongest bond-trading results in 5 years [MSNBC.com]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: MSNBC.com
Goldman SachsThe banksaid it earnedGoldman shares slipped 2.1% in premarket trading."While Goldman Sachs' profits were cut in half, most of its lines of business actually did quite well," said Octavio Marenzi, CEO of capital markets consultancy Opimas. "Revenues increased in investment banking, global markets and consumer and wealth management. However, the bank took a bath in asset management."CEO David Solomon said the firm was "inevitably affected by the economic dislocation" tied to the pandemic and that "as public policy measures to stem the pandemic take root, I am firmly convinced that our firm will emerge well-positioned to help our clients and communities recover."Trading results increased because of the market volatility. Fixed income operations posted net revenues of $2.97 billion, the division's best results in five years. Equities revenues came in at $2.19 billion, the second best quarter in five years.Now, in the first quarter where the industry's results have been impa
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News
- Netflix Lines Up $59 Billion of Debt for Warner Bros. Deal [Yahoo! Finance]Yahoo! Finance
- Netflix lines up $59 billion of debt for Warner Bros. deal [Fortune]Fortune
- EquipmentShare Closes $2.75 Billion Senior Secured Asset-Based Revolving Credit Facility With Wells FargoBusiness Wire
- Wells Fargo to Present at the Goldman Sachs Financial Services ConferenceBusiness Wire
- Barclays Analyst Positive on Wells Fargo (WFC) [Yahoo! Finance]Yahoo! Finance
WFC
Earnings
- 10/15/25 - Beat
WFC
Sec Filings
- 12/1/25 - Form 424B2
- 12/1/25 - Form 424B2
- 12/1/25 - Form 424B2
- WFC's page on the SEC website