$GS Goldman Sachs Group Inc.’s Equity-trading revenue rose 27% YOY to $4.19 billion in Q1 2025— its highest quarterly revenue haul on record, following $JPM JPMorgan Chase & Co. and $MS Morgan Stanley who also notched record stock-trading hauls for the period. This after a record 2024 for Goldman when it lifted equity trading revenue by ~50%.
The banks are riding a wave of volatility that’s roiled financial markets triggered by a potential global trade war emerging.
Goldman Sachs
Morgan Stanley
Wells Fargo
JPMorgan
BNY
See the whole story on Bloomberg here: Goldman’s Stock Traders Ride Volatile Markets to Record Quarter
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