Goldman's profit beats estimates as dealmaking rebound boosts investment banking
1. Goldman Sachs exceeded profit expectations by $4.1 billion, $12.25 per share. 2. Investment banking fees surged 42% to $2.66 billion, surpassing analyst forecasts. 3. Goldman advised on $1 trillion in M&A activity, leading the market. 4. Asset management revenue rose 17% to $4.4 billion, marking growth for the year. 5. Trading revenue increased by 7%, despite a calm market environment.