
Banking, equities drive Goldman Sachs profits higher

Goldman Sachs Group has reported a 22% increase in net earnings for the second quarter (Q2) of the 2025 financial year (FY25) as investment banking and equity revenue surged. The investment bank said net earnings rose to US$3.72 billion (A$4.68 billion) in the three months to 30 June 2025 from $3.04 billion in the previous corresponding period (pcp). Diluted earnings per share (EPS) surged 2