Market turmoil lifts Goldman's trading, hurts dealmaking business
1. Goldman Sachs reported Q1 2025 revenue of $15.06 billion, 8.6% increase. 2. Equities trading revenue surged 27% year-over-year to $4.19 billion. 3. Investment banking advisory fees fell 22% YoY amid market uncertainties. 4. Assets under management rose to a record $3.17 trillion in Q1. 5. Political and market volatility impacts advisory and deal-making negatively.