Goldman Sachs in ‘third innings’ of tech-driven efficiency gains, says CEO

Driven by a growth in its technology and a frenzy of worldwide deal-making activity, Goldman Sachs reported a jump in estimated second-quarter profits Tuesday. The bank’s quarterly net revenue grew by 16% to $15.3 billion, with financial advisory revenue surging 83%. While the $2.3 trillion investment bank has undoubtedly benefited from a frenzy of market […]