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Goldman, M. Stanley profits plunge as dealmaking dries up

Por: Associated Press Tech January 17, 2023

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NEW YORK (AP) — The profits for two iconic Wall Street firms — Goldman Sachs and Morgan Stanley — plunged sharply last quarter as volatile markets cut deeply into investment banking.Goldman’s profits tumbled 66% to $1.33 billion in the fourth quarter, it said Tuesday, well below what Wall Street had expected. Profits at Morgan Stanley slumped 40% to $2.2 billion, barely beating analyst projections. Expectations for Goldman and Morgan... + full article



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